After you find your dream home, it is important to make sure you get a home inspection before closing the deal. A home inspection can point out any problems with the home, both structural and cosmetic. While the seller may not want to pay for repairs to a home that they are moving out of, most buyers do not want to pay extra to repair a home they are buying, which usually leads to a compromise. Keep these tips in mind when purchasing a home after a home inspection.
- There is no standard. Real estate contracts differ from area to area, so it is important for both the buyer and seller to carefully read the repair and inspection contingencies before signing the contract.
- Contracts can benefit different sides. Depending on the contract, the seller can benefit by not requesting any repairs, or the buyer by outlining the repairs that need to be made to close the deal.
- Know the limits. Some states only require the seller to repair building code violations, while leaving other problems for the buyer to fix.
When it comes to finding your dream home in North San Diego County, contact The Alan Shafran Group.