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You are here: Home / Inspections / Do Sellers Have to Fix Everything on an Inspection Report?

March 7, 2016 By admin

Do Sellers Have to Fix Everything on an Inspection Report?

Do Sellers Have to Fix Everything on an Inspection Report?

If you’ve never purchased a home before the answer might seem like yes. But it really depends on the requests. If you ask for everything, you may end up getting nothing but an angry seller. This is where good communication with your real estate agent really comes into play. Talk with your agent about the best way to go about the inspection report. Here are some things to keep in mind when sending back a report and requesting repairs.

What will make or break the sale?Do Sellers Have to Fix Everything on an Inspection Report?

If there are just a few little issues such as new light switch cover, a small patch in the wall, replacing a light bulb or  cleaning the windows, these are things that probably can be easily done once you move in. I know what you’re thinking, “if they are this small a thing, why can’t the seller do them?” And you’re right, to a degree. They are also thinking the same thing, so what you have to decide on is if it’s going to make or break the sale. If it’s really that important to you, pick a few items and compromise with the seller. You’ll do a few, and they can do a few.

Serious hazardous issues.

These are things that really should be repaired if the sellers is going to sell to anyone. These could be structural issues that could be dangerous to future owners. Electrical problems or outdated plumbing. If it will make it impossible for the next owners to live in the house without the repair it’s best to ask for it.

Outdated issues.

If the plumbing, wiring, circuit breaker or other items are so outdated that they are not within code, many lenders won’t even allow a borrower to take out a loan on the house. Once the seller knows this, it may behoove them to complete the repairs anyway, other wise it will be impossible to sell the home to a buyer that needs financing.

Weight the costs.

If a home needs a new roof, you can tell the sellers this and work out an arrangement. The seller may be willing to put a new roof over the old one, or if the buyer prefers a  whole new roof and seller just can’t afford that, perhaps the seller could lower the price of the home to cover the cost of a new roof for the new owner.

Talk to the seller and the listing agent about the report and try to be reasonable about what needs replacing or repairing. Try to come to an agreement between parties that’s a win/win all around. Try not to be greedy and remember, sellers can always just say no.

Regardless of what you ask for, the seller can always refuse to repair anything. Of course, they will probably not make this sale or any other sale because of it though. 

Filed Under: Inspections Tagged With: buyer inspections, seller inspections

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