Pricing is just one part of the negotiating process of a home. There are a number of contingencies and processes that happen before closing, and one that can make or break a deal is the inspection and repair negotiation process.
Inspections in a real estate deal encompass many property aspects:
While your deal may not require them all, and some may be combined and provided by a single inspector, it is our job to help you to order the proper inspections, schedule them, and make sure that they are completed during the due diligence period. Failure to complete inspections and object to their results by deadline dates can result in the buyer’s inability to take any action based on the late results. We make sure that this does not happen.
Once an inspection is completed, there can be issues uncovered that you were not expecting and want to have addressed by the seller. We go over inspection results with our buyers and prepare a Repair Request Addendum which is required to request seller action and corrections. Sellers do not normally have an obligation to undertake corrective action, so it becomes a critical negotiation, especially if the problems are significant.
We are here for our buyers to assist in these negotiations as, next to selling price, inspections and subsequent repairs can be the biggest challenge of real estate deals. Sometimes creativity needs to be applied to keep your home deal moving when the seller challenges your repair requests. We do this everyday and to help in the negotiations, we maintain an extensive contractor list that can yield just the right contractor to get a job done at a price the seller will agree to.
We will make sure that every resource is employed to keep your home purchase on track and gain every possible concession from the sellers.
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