Required fields are marked *. Then there are home buyers who need to know the home is in the kind of condition that allows them quiet enjoyment with little to no need for work on their part. In a sellers market, where buyer demand is high, but there arent many homes for sale, sellers hold all the cards. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. You can also look online through databases such as the American Society of Home Inspectors or the International Association of Certified Home Inspectors. To check the rates and terms you qualify for, one or more soft credit pulls will be done by SuperMoney, and/or SuperMoney's lending partners, that will not affect your credit score. That s a small price to pay for peace of mind in knowing that the home or property is up to your standards. While its possible they want to back out of the sale, its more likely that they have failed to mention they dont require any home repairs, theyre still going over the inspection report, or theyre in the midst of preparing an addendum requesting repairs. comBuySellLiveNorthWest.com, 12221 Village Center Pl #103Mukilteo, WA 98275, help @ themadronagroup . Whether your inspection contingency period is the typical 10 days or youve agreed upon a different time period in your contract, have patience. They are examples of inspection repair requests to avoid. My husband and I are looking for a complete home inspection service that can help us prepare our home to sell this month. An appraisal, by contrast, is specifically meant to ascertain the value of a home. A home buyer's request for repair and disenchantment after a home inspection reflects on the Sacramento buyer's agent and buyer's choice of home inspector. Buyer and seller make agreement. Home Equity Loan vs. Line of Credit: Which Should You Choose? Just know, it could be several months before you pick another place the average buyer spends 10 weeks and looks at a median of 10 homes before making an offer. Since the buyer paid for and owns the information in the inspection report, the seller can ask for a copy to check that the repairs requested match the details in the inspection report. It is not uncommon for it to take a little bit of time for home buyers to digest all of the details provided in an inspection report before they make any decisions regarding repairs or other arrangements, explains Alex Shekhtman, founder and CEO of LBC Mortgage. They may be looking to schedule additional inspections, extend the inspection deadline or decide what repair requests they want to make. Since these are more of an inconvenience for the buyer and dont impact the function and value of the home, you shouldnt feel obligated to fix them. This is a complicated matter.
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