Purchasing a home is not as easy as it may seem, especially when emotions and money get involved. The situation can get dicey. This is why during the house inspection or even its walk through, it is important to request repairs in each place of the house that may have issues.
Keep a close eye on the safety concerns of the house or the areas that can cost you money to maintain or fix when you finally own the home. It is more strategic to choose the repairs you need in the house when you are bidding for a property in the competitive market that has many offers. In the long run, if someone requests for a lot of repairs, it can potentially increase the likelihood of the home selling, especially if the home has less high-maintenance offers.
When you have expectations while requesting for additional house repairs, present the repair requests in an ideal manner and be ready to negotiate the prioritized requests to keep the buyer on a right side. This guide will provide you with some of the requests you should not make at any point.
1. What you know you’ll renovate anyway
Property repair always lengthens the buying process, and the seller is looking forward to a quick and easy sale. Negotiate some of the house renovations that you can do by yourself and ask the seller to give you credit for the damages and repairs.
2. Purely cosmetic issues
From adding a fresh coat of paint on the fence to repairing a cracked tile, it is very tempting to ask the seller to make cosmetic repairs. But wait, you should only do this at your own risk. Real estate experts’ advise that the buyer should overlook the cosmetic repairs of the house and even weigh the amount the seller will require for the replacement.
Choosing to repair the home by yourself after buying will also give you the platform to do it in accordance with your preference and the pick of your desired contractor.
3. The $10 repair list
Giving the seller a big list of minor repairs in the house may lead the seller and agent to give in to a better offer that might be needed down the road with the less demanding timeframe and lesser repair requests.
4. Minor electrical issues
Coming across a dysfunctional electric switch during your home inspection may lead you to keep that in the fix list request. But if these are just minor issues that cannot lead to bigger problems, you can skip that and repair that on your own after you close the deal with the seller.
5. Water damage
Water damage is a severe issue to deal with during a home purchasing process especially if there are signs like water spots on the ceiling. Instead of letting the seller repair it and having to pay extra for the repair, you can choose to rely on the expertise of a home inspector.
Do you have a question about repair requests? Click here to contact Stacy and Nicole today!