Home inspection reports have all kinds of potential, they can kill a deal, make a deal or open up a can of worms. The question I often ask is: Repairs or credit, choose your poison?
On a recent inspection there were about 5 items that created a need for repair. Some of them were minor and
some a bit more serious but all needing attention. The more serious concern was a leak created by a small crack and repeated beatings from an irrigation system.
On our contracts the seller is responsible for 1.5% of the selling price going toward repairs, so the questions are, how much will the repairs cost? Is it easier to just ask for a credit or ask the seller to complete the repairs? What a quandry!
Overall it is a good idea to have a professional repairman give an estimate for necessary repairs. There are times however when Kenny Roger's advice comes in handy, You've got to know when to hold 'em, know when to fold 'em... you get my point.
In this particular case we're holding 'em and negotiating the repairs. One word of advice, Always get a home inspection because you never know what the trained eye will find!
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