Kellee Smith's Blog
For homebuyers, a home inspection is paramount. This inspection enables you to look closely at a house and identify any problem areas. It also may force you to rethink your decision to buy a house, particularly if you discover a wide range of problems during the inspection.
Ultimately, it pays to consider your options following a home inspection. In fact, if you take an in-depth approach to potential home repairs, you can determine whether to ask a seller to complete these repairs before you finalize a purchase agreement.
Before you ask a seller to perform home repairs, there are several questions that you should consider, and these are:
1. How much will it cost to complete assorted home repairs?
A damaged roof is much more expensive to repair than a defective light fixture. Fortunately, if you assess the costs of potential home repairs, you can differentiate major home repairs from minor ones and plan accordingly.
If a home requires thousands of dollars in repairs, it may be worthwhile to ask a seller to complete these repairs. Otherwise, you'll be responsible for allocating the necessary time and resources to perform costly home repairs after you finalize your house purchase.
On the other hand, minor home repairs may be easy to handle on your own. If you feel comfortable completing minor home repairs, you may want to avoid submitting a request to a seller to perform these repairs. Because if you ask a seller to complete myriad minor home repairs, he or she may walk away from a potential home sale.
2. Are there any required repairs that must be completed right away?
Required repairs, i.e. repairs that will address hazardous conditions in a house, sometimes will need to be completed following a home inspection. These repairs include water penetration issues and local code safety violations.
If required repairs go unaddressed, your lender is unlikely to provide you with the financing that you need to acquire a house. Thus, you should request a seller complete these repairs as soon as possible.
3. Is it worth my time to ask a seller to complete home repairs?
There is no right or wrong answer to the aforementioned question, as every homebuyer and home seller is different. If you are uncomfortable with a house following an inspection, you should examine the inspection report and determine the best course of action. And if you feel that asking a seller to perform home repairs is essential, it is important to do just that.
Lastly, if you need assistance throughout the homebuying journey, it helps to work with an expert real estate agent. This housing market professional usually will attend a home inspection and help you assess a house. Plus, an expert real estate agent is happy to provide recommendations and suggestions to ensure you can make an informed home purchase.
Take the guesswork out of evaluating a house following an inspection – consider the aforementioned questions, and you can determine whether to ask a seller to complete home repairs after an inspection.
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Buying a townhome or selling a property is a delicate process you should undertake with the utmost care possible. Selling a house you have lived for many years is a hard thing to do. So is trying to buy a property about which you are not sure. You don't know what went wrong with the former owners or why the property is listed. Therefore, you should be careful to find professional help.
If home buying or selling is possible, you require a knowledgeable real estate agent. You should be sure the agent is one that can help you. To ensure you get the best out of the agent representing you, there a few questions you should ask. Their response will let you know what to do.
- Can I contact your most recent clients? When you ask real estate agents to let you speak with past clients, they know you want to test their credibility. If they grumble or reluctantly give you the contacts, they might not be the best people to represent you. Even if they give you the contacts willingly, go ahead and reach out to the clients, relate with them and find out how the agent treated them. You can be sure they will let you know what to avoid in dealing with the client.
- How long have they been a professional real estate agent? Another thing you should find is how long your agent has been helping people sell or buy property. Their answer to the question will let you know if they have the experience to help you or not. However, note that even the most experienced real estate agents were once inexperienced.
- How long will it take to find my home or sell my property? Ensure you get a definite answer or at least a reasonable time frame from the agent. That way you will know if the agent is worth your time or you should look for another agent to help you.
- Transparency is a virtue, ensure your agent has it.
- Can you see other listings they have? You should also learn if the agent has other listings so you can see how they market homes and how long they take to sell. Always go with a real estate professional for best results.