Tag

inspection issue

How to Get the REAL Scoop on a Busted Home Sale

[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.] If you want the scoop on a busted deal, a good starting point is the listing agent (representing the Seller)....
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The Difference Between a Home Inspection Addendum and a Repair List

Loose Door Knobs and Caviar-Stocked Fridges [Editor’s Note: 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 the...
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3 Things Worth More to a Home Buyer Than $100 Off for an Inspection Item

The Case For Leaving (a little) Money on the Table Home Buyers may not like to hear it, but let me suggest that there’s something more valuable than wringing the last $100 or even $500 out of a deal (depending on the price point), either when negotiating the Purchase Agreement, or resolving any inspection issues...
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Why Home Warranties Are More Popular With Listing Agents Than Home Sellers

Three Benefits Listing agents (representing home sellers) are big fans of home warranties. Personally, I love them. That’s because listing agents know — even if their clients don’t — that a home warranty can help smooth over inspection issues, and make a dated home more attractive to first-time home Buyers, especially at lower price points....
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Handling Issues That Come Up on Inspection: Two Options

The Easy Way . . . and the Hard Way The Buyer’s inspection revealed a material defect in the home that the Seller doesn’t dispute. Both parties want to stay in the deal. What are their options? Option #1: the Seller fixes the problem, prior to closing. Here are the related steps: Buyer and Seller...
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The Difference Between a Home Inspection Addendum and a Repair List

Loose Door Knobs and Caviar-Stocked Fridges Test your knowledge of today’s housing market, and answer the following question: Which of the following issues are properly raised by a Buyer’s home inspection, and resolved either by a Seller price concession, or the Seller assuming responsibility for repair(s)? A. The dated Kitchen; B. A concrete driveway with multiple...
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