When Selling a home, inspections can cause all sorts of emotions to surface. Homes are complex things, and who knows what an inspector might find as he is crawling through the attic or otherwise shining a bright light where none has shown before? What will it cost to fix it? If the Buyer finds out that something needs repairs, how can I do it the cheapest way?
As a Buyer, when Buying a home, you might believe that an inspection poses as an opportunity to hammer the seller for another couple hundred dollars off the price of the home or closing costs. After all, to repair the thing-a-ma-jig that isn't working (and that you don't care about) would cost at least $1000 if it is done by a professional. You, however, will take a $500 credit towards your closing costs and the Seller won't have to worry about it.
Remember, the Seller might have a relative or close friend "fix" things with duct tape and wire. As long as whatever is fixed is in working condition at the close, a Buyer doesn't have any recourse.
If you don't like the way the repair was made, but the repair causes the defective item to work, you are stuck with it!
So, be careful what you ask for when repairs are required!
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