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7 Major Home Inspection Issues {2022}

Raleigh Realty

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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7 Problems to Watch Out for During a Home Renovation

Eppraisal

Are you planning a home renovation to increase your property's value or preparing to sell your home in the future? Home renovations can be exciting and rewarding but can also come with their fair share of challenges. Plumbing Issues Plumbing issues can be a major headache during a renovation.

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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. No repairs, no costs.

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Don’t Start Driving until You Know Where You’re Going

Appraisal Buzz

But the other problem is that it undercuts the contract you’re entering when you agree to perform the appraisal. Oh yeah, we need the effective date to be two years ago,” or “actually, we want it to be appraised as if those renovations were completed, not as is.” That contract or agreement you make when you accept a job is critical.

Appraisal 221
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How to Negotiate Repairs After a Home Inspection

Zillow

Most would-be buyers and sellers believe the real estate "deal" is done at the signing of the contract. In many cases, the deal-making and negotiations only start at the contract signing. Issues typically arise after the home inspection, and those issues tend to result in another round of negotiations for credits or fixes.

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Just Put in an Offer on a Home? Here's What to Expect

Eppraisal

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. You can say no to the counteroffer, accept it or propose new changes to the contract. Arriving at a verbal agreement differs from being in a contract.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. .” ” “That we research value, we do not assign it.”