Negotiating Repairs

Asking the seller to fix things

  • Questions may arise as to whether the house has too many “issues” and you may begin to doubt whether the deal will close or if this house is even right for you anymore. Keep your eyes on the big picture and don’t get bogged down in some of the minutiae. 
  • You may ask the seller to make repairs found on any of the inspections (the seller is not obligated to make any repairs) or money in lieu of repairs. (NOTE: depending on the type of loan you have, your lender may not allow compensation in lieu of repairs) All negotiations must be completed and the agreed to repairs “signed-off” before the due diligence period ends. 
  • If the agreed to repairs are not signed prior to the end of due diligence we will ask for an extension or we may need to terminate the agreement and renegotiate the repairs.
  • If the seller does not agree to make repairs as requested, you may proceed with the purchase or you may withdraw from the contract. 

If you elect to terminate a contract, the notice of termination must be sent to the seller prior to the expiration of the due diligence date. All due diligence periods expire at 5pm on the due diligence date. Notification made after the due diligence date/time may result in forfeiture of your earnest money and other financial penalties.

Termination of contract likely means no Due Diligence money will be refunded to the buyer.

  • If you agree to have repairs made, we will conduct a final walk-through to ensure that all repairs have been completed and the house is in good condition prior to closing. If repairs were extensive, we may request a re-inspection and ask the home inspector to review the items that have been repaired. We will request a copy of receipts and/or verify that repairs have been made.

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