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WHO DOES THE REPAIRS FAQ & POST #6

By
Real Estate Broker/Owner with people first...then business Ran Right Realty 636943 licensed to thrill

There are disclosure laws that are very strict in Real Estate because if a repair problem or another issue that affects value comes up after the fact, you have a potential lawsuit on your hands. Plus, your personal Real Estate agent that represents you in a fiduciary relationship which is a sacred and intimate coming together, well they want you to have a successful transaction

TAKE A LOOK SEE

Of course you and the agent will walk through the property and note things accordingly. However, for a small fee, a professional inspector can be hired and this is a very good investment when approaching this subject.

PROFESSIONAL LOOK SEEING

The inspector will inspect everything running or not seen or unseen. It is a methodically examination the subject property from top to bottom and left to right sparing nothing.

WHO FIXES WHAT?

Be advised that not all problems reported will be the responsibility of the seller to repair. His price and the issues plus good negotiations all come together and everyone must seek that HAPPY place.

WE CAN WORK IT OUT

Real Estate is not a purchase where you get to do over or return after 30 days just keep your receipt. NO. Much of what has to be done is upfront and it takes time and seasoned eyes and following procedures to bring everything to the surface for examination

 

John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

“However, for a small fee, a professional inspector can be hired and this is a very good investment when approaching this subject.”

I agree and disagree. The disagreement is with your characterization of the fee as “small”. What I call The Big Three…roof inspection, pest/termite inspection and home inspection…will cost the about $1,000. Not chump change. Addition inspections, if done, will add to the cost.

The agreement is that the money spent on inspections is “a very good investment”. In fact, a necessary investment. If the results of the inspections show unacceptable conditions exist in the subject property the buyer can negotiate a cure or walk away. It is tough to walk away from a $1,000 expenditure but it is better than buying a bad house.

May 14, 2012 12:08 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello John...I am grateful for your quality commenting and have to agree with you disagreement. Well stated and presented point by yet another professional in the business....Thank you John and carry on....best

May 14, 2012 01:37 AM