. In Wisconsin, we have an option of writing an offer to purchase that gives the Seller "the right to cure"....or it does not. The right to cure can be specified in the amendment describing the issues that need "curing."
The shingles that blew off...the double tapped breakers, mudjacking the sidewalk, replacing deck boards...etc. When a seller has "the right to cure" the Buyer needs to send an amendment with whatever is documented on the report by a licensed inspector that requires replacement or repair. It can't be a wish list of ...replace the appliances with shiny new ones...forget the deck boards, replace the deck with synthetic material, etc. It also cannot be...unless the Seller would agree...a random "closing cost credit"...a/k/a "Realtor-eze" for fixing boo boos money. The right to cure is exactly that...Cure...not credit.
You Mr., Ms, Mr. & Mrs. Buyer don't get to ask for money ...you made your choice to cure...and you need to explain what it is that needs curing..not have your hand out to do as you please with the money you are requesting. If you are working with a Buyer's agent...he/she should have explained what your agreement means and what that obligates you to do and what the Seller is obligated to do...OR not do.
When you hire a Buyers Agent...our belief is that he/she should be experienced and be aware of the terms of the contract. Education supported by successful experience....what a concept ! We don't believe that this is a service that should carry an additional charge...though we hear that occasionally in the market.
This has been an educational post for buyers...and newbie agents who practice in a state where there is a "right to cure" brought to you by Sally K. & David L. Hanson, Broker Associates with EXP Realty honored to be of service for all things real estate in southeastern Wisconsin.