4 Repairs Buyers Commonly request after a Home Inspection…
A Private Home Inspection is routinely requested in today’s Real Estate Transaction. Over the past 10 years the duration, scope and details of these inspections has increased substantially.
The most common question in a Home Seller’s mind is, “What might the Buyers ask for after their inspection?” They may request anything, but there are a few common items.
If you Prepare your home for the Inspection, it may prevent issues before they arise!
It’s important to note the standard Minnesota Purchase Agreement contains language which says, “the seller warrants that Central Air-Conditioning, Heating, Plumbing and Wiring Systems used and located on the property shall be in working order on the date of closing, except as noted in this purchase agreement.” This means if the home need repairs in one of those categories, Buyers will likely ask the Seller to complete or provide payment for those repairs.
The 4 most Common Repairs Requested by Buyers after an Inspection
Furnace Cleaning and Tune Up: Heating systems are on the top of the list!
Electrical Items: such as: faulty ground fault interrupters (GFI), double tapped circuits, exposed wiring or open junction boxes and reverse polarity outlets
Plumbing Leaks: Slow leaks at the water main, corroded valves, improper or missing shut off valves, non-vented plumbing and lack of bath fans/vented to the outside, improper venting and relief valves on Hot Water Heaters
Water Intrusion and Exterior Repairs such as: seepage into basements, inadequate flashing between deck and siding, missing shingles or poorly flashed areas of the roof, plus other exterior repairs like damaged siding, unstable decks, severely heaved concrete and cracked windows
I often describe it for my clients like this, “a purchase agreement with an inspection contingency is still an open negotiation”. Buyers may ask for anything from repairs to a monetary allowance and Sellers may say yes or no to the request. Buyers can walk away from the entire agreement and retain their Earnest Money if they are not satisfied.
For further details, you can Ask me a Question!
Sheryl Petrashek is a Realtor with Re/max Results. She is based in Apple Valley and Sells Real Estate in Apple Valley, Burnsville, Eagan, Lakeville, Farmington, Prior Lake, Savage and Rosemount MN.
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Sheryl and Bo are amazing to work with, they are both very knowledgeable and explain things thoroughly so as sellers/buyers, we always understood what was going on. They have worked so hard to get our house sold and get us matched with a perfect new home and I recommend them to everyone we know and we will absolutely work with them in the future!
We are a young couple buying our first home. We were a little bit apprehensive because this is one of the biggest purchases we will make in our life and we wanted to have things done right. We have heard of unpleasant stories of people having a hard time finding a good realtor but not with Sheryl. We found a house we really liked and you can easily be blinded by the excitement of purchasing your first home that you can overlook a couple of things. She was prompt to point out how great the house was but also some things that could potentially become an issue that we wouldn't have noticed otherwise.She recommended us our Mortgage officer who has been an absolute pleasure as well.Sheryl is very knowledgeable in everything real estate related and we wouldn't have had it any other way. When we buy our next house she will be the first one we will call for assistance again!
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Sheryl and her husband Bo are truly experts in their field. It is their passion, and it shows. They spent a lot of time with us, helping us understand the purchasing process. They were very flexible and worked around our schedule. We looked at over 60 houses, and they were very patient with us. We could tell they really wanted to find the perfect place for us. We love our new house and couldn't have done it without them. I would recommend them to anyone in a heartbeat!
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