Home buyers-Asking For Repairs?

It is highly recommended that home buyers have a complete home inspection done before purchasing a home. But when it is all done, some buyers ask to have every little thing fixed, while others ask for almost nothing. Which home repairs should buyers ask for?

Some repairs do seem ridiculous, but having a furnace repaired so that it works again, or having a leaky pipe fixed is not so far fetched.

Making an offer on an older home and then asking to have all the windows replaced seems a bit home buyers asking for repairsover the top, and sellers will view it that way as well. Buyers have to understand a seller’s point of view when it comes to repairs. And the old adage, “if it ain’t broke, don’t fix it” actually applies pretty well in this cases.

Sometimes buyers looking for craftsman style homes built in 1910 to 1940 expect them to have modern electrical systems where all of the electrical outlets are grounded.  Sellers often have owned a home and lived in it for a couple of decades with two pronged outlets, therefore they don’t see why they need to be changed over to grounded outlets for the buyers as a priority.

There are some things that a home has to have like working plumbing or a working furnace. I personally think that if something in a home leaks, the sellers should fix it. This is especially true with indoor plumbing or gas lines. It can both cause additional damage and can be downright dangerous.

Buyers should keep in mind that sellers might not have the money needed to make repairs.  Sellers should understand that often home buyers are short on cash and can not afford to have repairs made and buy a home all at the same time. Yet buyers need to know that there will be repairs in the future and they should budget for them.

Sellers should be prepared to fix anything that comes up as a hazard (safely issue) in the home inspection report like unsafe wiring or pressure release valves that don’t work.

Sellers can say no to any repair that the buyers ask for. And buyers can cancel the purchase agreement during the inspection period and find another home, if the inspection reveals too many issues.

The point of the inspection is for the buyers to know what they are buying. It also protects the sellers somewhat, because the inspector is finding the problems that could upset the buyers if they found out after they closed on the home.

For more information on this topic:

619.384.2248
Ryan@RyanYourRealtor.com
Visit my Website: http://ryanyourrealtor.com
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3 Responses to “Home buyers-Asking For Repairs?”

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