2020-logo-325-2.png

4871 Palm Coast Pkwy NW Suite 3
Palm Coast, FL

Phone: 386-246-3131
FAX: 386-246-3162

2020-logo-325-2.png

4871 Palm Coast Pkwy NW Suite 3 Palm Coast, FL

Phone: 386-246-3131
FAX: 386-246-3162

Whole House Inspections

inspection

Just about every house sold will have a whole house inspection.

Realtors will offer a list of licensed inspectors and the buyers can choose one. The REALTOR should never accompany the Inspector for fear of being brought into a dispute of the inspection. Let them do their job. Now, if the contract is the standard Residential Purchase and Sale agreement, the seller is obligated to repair certain items. The buyer must send notice to the seller of which repairs are requested. The entire report should not be given to the seller. The seller then will send back a notice of which repairs they will be willing to repair. The contract has specified certain items that the seller is obligated to repair. This is fair because the parameters are clearly stated in the contract for both buyer and seller to read prior to signing the agreement.

If the contract is an “AS IS” agreement the buyer has the choice to buy the house or not. They do not have the option of asking for repairs in the AS IS Contract. It should not be used as a negotiation tool to get any repairs done. There are no parameters for repairs, so no agreement on repairs were made prior to signing the agreement. Using this contract to request repairs is not negotiating in good faith. If repairs are wanted, then the standard contract should have been used.

If you would like more information contact me. Like, share and subscribe below for all my videos.

I’m Ric Giumenta. You can have a good day or a bad day. It’s your choice. Make good choices. See you next time!

Fair Housing
Escrow Disputes
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Friday, 07 May 2021

By accepting you will be accessing a service provided by a third-party external to https://www.giumentaschoolofrealestate.com/

03 May 2021
Ric's Blog
How important is getting a listing at the right price, the right terms, and the right time for marketing? Well, it’s very important, in fact, it’s a critical mix necessary to have a listing sell. Do we want to get listings or do we want to get listin...
26 April 2021
Ric's Blog
Communication is a critical skill necessary for sales associates in order to succeed. We can’t listen to respond; we must listen to understand. The elements of a good communicator include, empathy, patience, flexibility, and reward. Empathy is unders...
19 April 2021
Ric's Blog
Starting a real estate career is very exciting, and also very scary! If you are veteran licensee, can you remember how you felt going from a steady paycheck to a commission environment? So, what’s the first step? You should be prospecting for a listi...
12 April 2021
Ric's Blog
Have you ever found yourself in a procuring cause dilemma? That’s right, who shook the money tree. The NAR Arbitration Guidelines defines procuring cause as ‘the uninterrupted series of events which results in the successful transaction.” Sometimes t...
30 March 2021
Ric's Blog
Wow! Where did the time go? You know I started the day with my to do list, and now that the day has ended, only half of the items are completed. Did you ever have days like that? I’m sure that you have. Let me share with you some ideas so this doesn’...

Giumenta School of Real Estate

4871 Palm Coast Pkwy NW # 2

Palm Coast, FL 32137

 

Phone: 386-246-3131

FAX: 386-246-3162

Giumenta School of Real Estate

4871 Palm Coast Pkwy NW # 2

Palm Coast, FL 32137

 

Phone: 386-246-3131

FAX: 386-246-3162

Image
Image

Copyright © 2020 Giumenta School of Real Estate. All Rights Reserved