The
Seller's Choice:
With a home inspection,
most repairs are subject to negotiation between the parties
of a sale. Typically, buyers will request that various conditions
be repaired before the close of escrow.
With most building
defects, sellers make repairs as a matter of choice, not
obligation; to foster good will or to facilitate consummation
of the sale.
There are, of
course, those few rigid sellers who will flatly refuse to
fix anything, even at the risk of losing the sale. Fortunately,
this response is the exception, rather than the rule.
Sellers maintain
the legal right to refuse repair demands, except where requirements
are set forth by law, local ordinance, or the real estate
purchase contract.
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Have your home inspected by
a NACHI inspector before you list.
Eventually
your buyers are going to conduct an inspection. You may as
well know what they are going to find by getting there first.
Having an inspection performed ahead of time helps in many
other ways:
It allows
you to see your home through the eyes of a critical third-party.
It helps you to price your home realistically.
It permits
you to make repairs ahead of time so that ... Defects won't
become negotiating stumbling blocks later.
There
is no delay in obtaining the Use and Occupancy permit.
You have
the time to get reasonably priced contractors or make the
repairs yourself, if qualified.
It may
encourage the buyer to waive the inspection contingency.
It may
alert you of items of immediate personal concern, such as
radon gas or active termite infestation.
It may
relieve prospect's concerns and suspicions.
It reduces
your liability by adding professional supporting documentation
to your disclosure statement.
Alerting
you to immediate safety issues before agents and visitors
tour your home.
Copies
of the inspection report along with receipts for any repairs
should be made available to potential buyers.
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