Legally speaking, there are no mandatory home fixes. There are a few other things to consider when determining which fixes are “mandatory” to finalize a sale and which are optional. So when an inspector lists a host of issues that might or might not surprise you, do you have to tackle all of those? Ownerly, LLC. In our latest post, we will help you determine what to request be fixed and what items you should accept as-is. Most of the time, a home inspection identifies repairs that range from minor suggestions to highly important and serious issues. This isn’t always easy, especially if you’re in love with the home, but if you can’t come to an agreement to make the property safe and habitable at the right price point, consider moving on. You are currently submitting paperwork with your lender and verifying your financial history and reliability as a borrower. Ask for credits toward your closing costs. Posted on July 9, 2020July 9, 2020 5 min read. Selling a home is not an easy thing, especially when it has aged and has multiple issues. There is no such thing as a mandatory fix after a home inspection—at least not legally. “Mandatory” fixes can vary depending on where you live, the state of the market, the buyer’s lender, and the language of your purchase agreement. “I’ve found that if the seller has the ability to negotiate repairs and work through that … that’s the best win-win scenario,” Neal says. If you’re a buyer, you can make your offer contingent And, now you know what fixes are mandatory after a home inspection. Here are three buyer tips for negotiating repairs after a home inspection. (Source: Toa Heftiba / Unsplash) Most common repairs needed after a home inspection 1. Use a great local real estate expert to assist you during the home inspection process and to be certain you’re treated fairly when closing papers are on the table. After all, issues that come up in a home inspection can certainly slow down the home selling process. What to do if the homeowner will not fix problems. Ownerly As a seller, it’s important to prepare yourself for the home inspection process, and to know how to negotiate after a home inspection if it comes back with some not-so-great news. In fact, homeowners sell “handyman specials” of “fixer-uppers” all the time and are typically listed being sold “as-is.” Any requirements that need to be met by home sellers are largely dependent on three factors: What’s included in your purchase agreement data is a great point of departure, but many variables exist in home valuation and we cannot guarantee that data With fixes after a home inspection becomes the problem and financial responsibility of the buyer,” said Ron Humes, owner of HomeSelect Realty in Lexington, Kentucky. Gutters, chimneys, and skylights are also important. A savvy homebuyer will schedule a home inspection for any home they’re serious about buying. First, you can offer them something else, like furniture, appliances, or that huge pool table you’d rather not move instead. Sometimes both parties will modify a contract via an amendment or an addendum to address a maintenance issue that the home inspection uncovered. Now, of course, if the buyer is getting like a VA loan, then there are going to be some things that the VA will require after the VA has done their appraisal on the property. No matter which side you’re on, make sure you understand your responsibility as laid out in your contract. If the buyer has an FHA loan, major structural issues or significant water damage may need to be fixed before proceeding with the home purchase. After all, issues that come up in a home inspection can certainly slow down the home selling process. In 2019, 33% of buyers purchased previously owned homes because they considered these a better overall value—not necessarily because they’re DIYers, NAR statistics show. You could offer to buy temporary coverage for the buyer which would help pay for any issues that arise while the policy is active. If an inspection discovers an issue that could affect the buyer’s safety, such as a leaking hot water heater, that’s a top priority. Valerie Kalfrin is a multiple award-winning journalist, film and fiction fan, and creative storyteller with a knack for detailed, engaging stories. If you’ve been watching the housing market and have decided that now is the right time to sell your home, you’re probably wondering what fixes are mandatory after a home inspection. So, before you pay to make any fixes after a home inspection, be sure you know which ones are actually mandatory. A home inspection isn’t only a box to check in the closing process. “The others might be purely cosmetic,” Neal says. Legally speaking, there are no “mandatory” repairs. Technically, all repairs are negotiable, said Denise Supplee, a realtor with Long & Foster in Doylestown, Pennsylvania and founder of SparkRental.com. Some issues that arise in a home inspection... READ MORE . What fixes are mandatory after a home inspection? Every homeowner understands the importance of a home inspection for both parties during the home buying process. What Fixes Are Mandatory After A House Inspection? Negotiations often take place after a home inspection, and the home inspector frequently gets put in the middle of it. You might have to walk away after a home inspection, especially if you’re not able to negotiate important repairs, or if you’re selling and can’t make the repairs the buyer requests. A seller can refuse to make repairs if your agent has listed the property “as is.” An “as is” asking price takes repairs into account, resulting in a discount. Now even with an inspection, there is still the need to address the issues that are present in the relevant home. The home inspector might note 10 items, but only four or five could be major ones. Of course, that’s never ideal. There are no mandatory fixes after a home inspection. In short, no mandatory fixes need to be made after a home inspection. And who pays for them? The home inspection is a critical step to protect the home’s buyer and seller, but what fixes are mandatory are largely up to negotiation between the buyer and seller. Terri a buyer asking for things to be fixed after a home inspection is all too common. You are currently submitting paperwork with your lender and verifying your financial history and reliability as a borrower. In reality, however, modern homes are complex structures with many potential points of failure, so the inspection is always going to uncover some problems. , there’s always some give and take between buyers and sellers. The 3 Types of Fixes After a Home Inspection. Pest infestation. Whether the buyer or seller pays for home repairs depends on the contract you’ve negotiated and the state you live in. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes. Otherwise, what’s mandatory comes down to the purchase agreement and what the buyer’s lender requires, our experts say. While this means the seller is not obligated to pay for anything, they should disclose all known issues in good faith and work with the buyer in the inspection process. After all, who wants to find out after moving into their dream home that the furnace is on the fritz or that termites have taken up residence in the attic? When you make an offer You can also negotiate to lower the purchase price to account for the cost of repairs or a cash allowance—that way, the homeowner doesn’t have to manage the repairs but still absorbs some of the cost. 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