f you are selling your own provide money at the closing for
home without a real estate the buyer to do the job. The
agent, you can run into money typically comes in the form
situations that can be a bit of a discount from the actual
complex. One such situation is a amount the buyer pays you at
negative home inspection report. settlement.
When the purchase of a home is While this all sounds
made, one of the first steps straightforward, things can
during the escrow period is for occasionally go bad. Assume you
the buyer to order a professional receive and accept an offer on
home inspect. A certified home your home. Now assume a home
inspector will come out to the inspection is done and a repair
property and spend a few hours report kicked out. While there
investigating it. The inspection are a bunch of small items, the
will cover everything from the report also contains language
condition of the roof to water indicating the roof needs to be
leakage to drainage issues replaced. This is not a small
to…well, just about everything. item! What do you do?
Once the inspection is done, the At this point, you have a few
home inspector will kick out a options. The first is to repair
report noting problems areas and the roof. The second is to
needed fixes. In many cases, discount money out of the closing
there will be a lot of for the buyer to do it. The third
recommended fixes. Most of these, is to walk away from the deal
however, are going to be very using the argument that the roof
small and inexpensive in nature. does not need to be replaced.
Your best bet as the seller is Unless you are absolutely sure
typically to agree to fix them or the roof is fine, your best
option is to try to negotiate a move is to deal with the roof
compromise with the buyer. Your issue. If you run out and put the
negotiating position should make house back on the market, most
it clear that you are willing to states require you to provide the
address the roof issues, but not negative home inspection report
pay for an upgrade to the current to any subsequent buyers.
roof. Obviously, that is a problem.
In many instances, this type of a If you are selling your own
problem will lead to the home property, it is important to
falling out of escrow, to wit, understand that the home
the deal dies. If this occurs, inspection report is going to
you may think the first move is require some repairs. Just watch
to put the home back on the out for those major ones.
market. This is false. The first
About the Author:
Raynor James is with http://www.fsboamerica.org - FSBO homes for sale by owner.
Read more articles by:
Raynor James
Article Source: www.iSnare.com 
