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First Time Buyers >The Perfect House
Home buyers must often deal with deferred maintenance or repairs. For example, you may have found a terrific house and like many competent home buyers, you included a structural inspection contingency in your purchase agreement. What happens when you find out that your "perfect" house needs some work? Do you ask the sellers to pay for the repairs? Before you answer "yes", there are some important considerations.
Some contracts require that all of the home's systems, such as plumbing, heating, electrical and central air conditioning, be in working order. In this case, the sellers may be obligated to repair any problems with these systems. Leaky roofs, damp basements, or other structural problems may not be covered, however. If you ask the sellers to make these types of repairs, you may void the contract by doing so. The sellers might prefer to negotiate the repairs to keep from losing the sale. If there are other buyers waiting in the wings with back-up contracts, you run the risk of losing the home.
Ernie Houde * WEICHERT, REALTORS® - Ernie Houde Associates * Independently Owned and Operated Number 'ONE' in New England 127 Lakeside Avenue Marlborough, MA 01752 Phone: 1-800-969-1922-ext.29 Phone 2: 508-483-5452 Fax: 508-460-6812 Email: ehoude@weichert.com
WEICHERT, REALTORS® - Ernie Houde Associates specializes in residential and commercial Real Estate in the MetroWest, Middlesex County and Worcester County. We make every effort to see that both buyers and sellers who come to us end up with sales or purchases that are fair and in their best interests. We will never inflate a home value to get a listing, then later beat down the price to finally sell the home. Honest business is good business. We believe that "The American Dream" is to own a home. We help people make that dream come true. Buying or selling, we are with you, not only till the closing, but for a lifetime.
www.TheErnieHoudeTeam.com is brought to you by Ernie
Houde NUMBER1EXPERT™ in real estate for Marlborough, Hudson and Northborough, Massachusetts also known as Northboro and Marlboro real
estate.
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