Quote:
Originally Posted by DangeloInspections
Personally, I have a different and somewhat unique viewpoint on this. Sellers for the most part will fix issues in the cheapest manner possible, and the repairs might be sub-standard. Often they might have known about the issue, but did not really care until it because a stumbling block to the sale....so they might fix it fast, cheap and not as well as you as the buyer would like it to be fixed.
Whenever I buy a used home, I will point out the issues that are significant, and figure out how much the repair will cost, and offer a fair price for the home, minus the cost of ME having the repairs done. If the accept that offer, fine...if not, then I will pass on the home.
I as a buyer do NOT want to seller to do the repairs. I buy the house as is, for a price that factors in the needed repairs.
The problem lies in sellers who want, and often get, top dollar for a home that does need a lot of repairs, and buyers who want a brand new perfect house for a "used home" price. Common sense and the market need to prevail.
Frank
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Excellent guidance!
As a seller who has been through multiple work related relocations, I prefer to get quotes on things safety or functionally related and then negotiate a credit at closing for repairs. Most buyers have accepted a 50/50 split and I may add a small amount for cosmetic items. You have enough to do arranging moving and purchasing another home to not be subcontracting and scheduling repairs.
I've also proactively paid for a professional home inspection
before putting the home on market, made recomended repairs, and had a follow-up inspection with a report verifying repairs were complete and correct.
Items like Radon are a big one in some areas you want to get resolved up front rather late after the sale as a requirement for closing.
In every case, the buyers accepted my inspection, with the re-inspection Report and purchased the home.