How Long Should Sellers Take To Make Respond To Repairs
Sticking with the inspection theme from a previous posting, let'due south look at the inspection from the Seller'due south viewpoint in the form of a question and reply:
Jay, I just received the inspection response you sent over from the buyers. However, there are over twenty-five things the buyer wants me to set up! Is this realistic? This list includes everything from replacing a grate on my cooktop, to replacing a single croaky tile in the kitchen, to having my roof professionally inspected and repaired. This could price me thousands in hiring consultants just to come up out and wait at the issues. Help!
Mr. & Mrs. Seller, remember, that an inspector is hired to find all the problems that could potentially plague the buyer, not simply now but years downwardly the route. Some agents recommend their buyers just turn over the entire list to the sellers to see what the seller will get washed. Other agents recommend their buyers focus on the most important items to keep the home buying process moving forward.
Regardless of how long the list supplied is, you as the seller have the right to choose what you are and aren't willing – and able – to do. Items that are easy and cheap to set are items I usually recommend exist stock-still past the seller. It shows good religion and that y'all are willing to help the habitation ownership process move forward. However, if you are moving into requests that are very expensive such as major plumbing, electrical and apparatus repairs, and issues with the roof or foundation, this is where I recommend the seller consider hiring a professional to assess the situation and determine what repairs need to exist made. Buyers tin can become very nervous when faced with major repairs and the transaction may autumn apart if the buyers feel there may be other issues if the maintenance isn't handled by the seller. And the next buyer who comes forth may take the same concerns, but in the meantime, you have lost valuable time and money.
Recently, I was involved in a transaction where the Heir-apparent had requested that my Seller replace the furnace and the estrus pump prior to closing. Their inspector felt that the coolant in the oestrus pump didn't look right so that was grounds for replacement. Since the estrus pump was supposedly neglected why not inquire for a new furnace? Well that didn't sit too well with my Sellers so we had the heating contractor, who installed the rut pump and furnace, come out and perform their own inspection. After providing their professional inspection report, the Heir-apparent agreed that their inspector was incorrect and we moved on from this effect. Past having a professional person come up and assess the situation, it saved my Seller close to $10,000!
So before getting frustrated with a long list, sit down and read through it. Get the easy items complete and determine what and how you will do about the rest. Don't become overwhelmed.
Source: https://agoadorealestategroup.com/how-a-seller-should-respond-to-an-inspection-response/
Posted by: montgomeryletyle.blogspot.com
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