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Inspection Repairs - Who Knew? UPDATE

I have the buyer's side on a transaction which included $1000 in repairs. The only item that came back from the home inspectors' report was the A/C needed to be serviced, and the seller declined having this done on his dime.

I was stumped and talked to other Realtors on AR as well as in my local area, and the overwhelming response was to take care of it, which I did.

I wanted my buyer to be completely happy with her new home, and called a reliable AC company who came out, checked everything, cleaned it, and my total time invested was 30 minutes, total dollars $80, and I now have another reliable, well priced, courteous AC company to add to my list.

There were some Realtors locally who stated I should arrange for it, and put it on the HUD to come out at closing, however, that would have made for a stressful closing, and I didn't like the idea.

I'm getting a great commission on a great house for a great buyer, and it was worth an investment of $80 for this transaction to stay together, especially given the fact this buyer only looked at 4 houses!

Posted by Carol Zingone, Broker Associate, GRI, SRES on 10/03/2007 02:53 PM

Comments (5)

florida, jacksonville, jacksonville beach, repairs

5 Comments on Inspection Repairs - Who Knew? UPDATE

Smart agent.

Our inspection contingency doesn't cover maintenance. The only time I write it for seller to do is when the home inspector wrote that the unit had not been maintained and serviced, in which case, the life of the unit is seriously shortened.

This is something I make a condition of the contract and not a home inspection item.

Good luck.

10/03/2007 03:02 PM

by Lenn Harley Homefinders.com MD & VA Real Estate

I can't tell you how many times I have done something similar to you to get a deal closed. Was it the right thing to do? Yes. Did it stink to have to make that kind of decision? Yes. Kudos to you for taking care of your client. Make sure that your client remembers how you took care of them.

In the future I would recommend that the seller carry sellers coverage on their Home Warranty policy. It is good for 180 days until closing. It will only cost the seller an additional $50.00 to the policy taken out at closing. This is a great tool to use when you have a house listed. It really stinks for the seller to have to make any major repairs to their house before closing if they do not have too. I suggest all my sellers use this policy, I have also recommend that the sellers that my buyers are working with use this kind of policy as well.

10/03/2007 03:04 PM

by Amanda McCumber (DRM Residential Properties, Inc.)

Sounds like a pretty easy decision to make. You saved big time by not having to fight over the $80 repair.

10/03/2007 03:17 PM

by Bill Gillhespy Fort Myers Beach Realtor (Century 21 Tripower Realty)

Glad to see you got it done and did not make a major event out of it.

10/03/2007 03:18 PM

by James Gordon REALTOR® PBD SRS (Sibcy Cline Realtors®)

For $80 I'm am sure you have a client for life! Great job!

Thanks for commenting on my blog

10/05/2007 09:16 AM

by Diane Velikis Luzerne County Real Estate (Coldwell & Banker Busch Real Estate)

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