Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Whether You Get Seller-Paid Repairs Depends on the Market, Seller Type and Contract

Many home buyers do not realize that California purchase contracts contain verbiage that says they are purchasing a home in "as is" condition. A seller is under no obligation to make repairs nor offer buyers a credit based on the findings of a home inspector. But that doesn't mean that a seller will refuse. Much depends on the type of market and type of seller.
Often a Sacramento home buyer will say to me: "But when we bought our home, the seller paid for X and Y and Z." They don't realize that a single transaction doesn't dictate how negotiations will proceed on another home because most people don't buy a lot of homes at one time. Their experiences are limited to a particular type of market and a different time.
A home inspection is for the buyer's benefit. A good home inspector will disclose defects, and all homes have defects. A home inspection is not an opportunity for the buyer to tick off defects and create a laundry list of demands for the seller to repair.
Generally, if a home inspection discloses a major problem such as a failing foundation, an inoperable HVAC system or leaky plumbing, sellers may opt ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention