– Tips for after the home inspection-
After the home inspection is performed you will get a report that will summarize problems varying from significant concerns of items that need to be fixed right away to smaller fixes that you may even be able to do after closing. Your inspector will generally rate how significant each item is and what kind of solution he suggests.
Here are some things to think about:
Are the repairs necessary to move into the home?
Will I scare the seller away if I ask for all these repairs?
Are the repairs something you plan on renovating or replacing after moving in anyway?
It might be a good idea to compromise on some issues or even dismissing some issues that you know will be an easy fix in order to get the seller to agree on more significant issues that you would like to see fixed before moving in.
Did you know another option is to ask for a price concession?
This could mean you can ask Mr. Seller for a reduction of the sales price or a credit at closing. The option is totally up to you. What we find is that many people opt for the credit at closing. They get a quote for the repairs and ask for a credit to cover those costs of repairs. Then at closing, a check is written out to a contractor or a store of choice so that the buyers can go ahead and get those repairs completed.
Don’t be afraid to walk away from a deal.
Even f it took you months to finally find the right house it’s not worth moving forward if the inspection exposes significant structural problems or other major issues that just seem too much. Also, if the inspection shows a large number of issues and the sellers are not willing to fixing anything it might be best to find another house.
Gregory Rutledge- REALTOR®
Century 21 Platinum Properties
Christian Black Team
1051 Hwy 76. Clarksville, TN 37043
*Each Century 21 office is independently owned & operated