Tag

home inspection issue

The Difference Between a Home Inspection Addendum and a Repair List

Loose Door Knobs and Caviar-Stocked Fridges [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] Test your knowledge of today’s housing market, and answer the following question: Which of...
Read More

Why Realtors Don’t Know How Much Exterior House Painting Costs

Issues That Do (and Don’t) Come Up on Inspection Want to know how much it costs to fix a cracked chimney cap? A veteran Realtor probably has at least a ballpark idea. Ditto for a new roof, boiler, electric service panel, or central a/c. However, it’s a good bet that the same agent doesn’t have...
Read More

Bidding Work vs. Estimating Repairs

What’s the difference? The former is what contractors do to land jobs. The latter is what Buyers and Sellers negotiating a deal need to do to resolve inspection issues (step #2:  decide who’s responsible, the Buyer or Seller — unless the lender takes the decision out of their hands).  While estimating repairs can lead to actual work,...
Read More

Archives