Tuesday, June 14, 2016

Repairs

If a new listing has repairs to be made it is important to get these fixed. Doing this will be a good selling point for the home. Homes that need repairs are hard to sell because clients 9 times out of 10 want move-in-ready homes.

There are two different options when it comes to making repairs. The owner can fix it themselves and pay before closing, or the relator will hire a contractor to come out and the cost will be payed for at the time of closing.

The pictures below is a perfect example of repairs that are being taken care of by the relator, Cathy Griffin. She is hiring a contractor to come and make the repairs and the owner will be charged at the time of closing. This is when Cathy will be reimbursed.

2 comments:

  1. I find it very confusing when looking for a home dealing with the inspection. It's so hard to tell what's underneath the surface of a home. Everyhome I look at I'm worried about the plumbing the foundation and the electrical wires. It's important that you buy a home from someone honest and truthful about the repairs they made and the repairs that are needed.

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  2. I have wondered about this in the past. It's interesting to see that there are to options when it comes to home repairs. I've always been under the impression that home repairs falls strictly on the home owner. Now, however, I realize that the realtor can also play a hand in such a thing.

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