INSPECTIONS AND REPAIR NEGOTIATIONS
Get the house you want at the right price, with a local Real Estate Bell Agent.
Real Estate Bell Is The Modern Way To Buy Or Sell A Home
Finding the right home for you is your primary goal, but enjoying it with a lower payment and better mortgage terms is a very important secondary goal.
With all the signatures in place, the sellers get a sigh of relief. Real Estate Bell is with them and ready for the next negotiation phase. Property inspections can frequently result in buyer requirements for corrections by the seller. Whether you’re prepared for these or they come as a surprise, we’re here to help you to deal with them, as repair disputes are the most frequent reason for contract failures before closing.
Part of our job is to help you to avoid too many “surprises” after inspections. We’ll do our best to give you anecdotes on what needs to be corrected, but there are definitely things that we can not anticipate until the inspectors have submitted their reports. So, there’s one other thing we try to do in order to prepare you and leave some negotiation room for you. Selling a home Maryland/VA/DC is easy with us.
We want you to be always thinking ahead of the inspections and repair demands from the first offer. Always think of what may be come in the way of inspections and repair negotiations, especially when the initial purchase contract price negotiations are in play. No matter how urgent your need to sell, if you go too far in price concessions at the beginning, you may have no room left when inspections are done and condition corrections are requested by the buyer.
As the buyer is normally paying for and ordering inspections, our job here is to make sure that they (inspections) happen on time and that we receive the inspection reports by deadline due dates. We then meet with our sellers and go over the reports and any buyer objections/requirements to develop a counter strategy. If there are no objections or they are minor in nature and cost, you may opt to agree to corrections. However, if they’re more extensive and were not anticipated, our job is to help you to reply in a way that saves your money and keeps the buyer in the transaction.
Depending on the desires of the buyer and their selection of inspectors, there could be as few as a single inspector hired to do a thorough inspection of the home and all equipment supporting the home. However, there may also be other inspectors hired with a more focused goal, possibly a heating and air conditioning contractor, a well inspector, septic inspector, etc. Each of these inspections will have deadlines for completion and submission of reports and buyer requests for corrections.
We have our own list of inspectors and contractors, and can call in experts to provide cost estimates and help our sellers to make decisions within the deadlines. Unless you have multiple offers, a buyer in the hand is worth something. Our job is to get them to the closing table and your satisfaction with your net proceeds from the sale. With our help, sell your home fast.
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