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tulsa sellers: Negotiating Repairs in Tulsa Oklahoma – compromise and compromise are key - 09/11/09 07:31 PM
Negotiating Repairs in Tulsa Oklahoma – compromise and compromise are key
In the state of Oklahoma, Buyers and Sellers agree to a “repair cap” when negotiating a real estate contract BEFORE inspections are done. I understand from real estate blogging that it’s not done this way in other states, but that’s how we do it here.
The amount agreed to in the real estate contract is the CAP that the Seller agrees to spend on repairs. After inspections, should the required repairs exceed the cap, the Seller has the right to back out of the contract or we re-negotiate which repairs … (5 comments)

 
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Lori Cain - Midtown Tulsa Real Estate www.tulsahomeforsale.net 918-852-5036

Tulsa, OK

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Chinowth & Cohen Realtors

Address: 1441 E. 41st Street, Tulsa, OK, 74105

Office Phone: (918) 392-9900

Cell Phone: (918) 852-5036

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