Buying a San Diego home? Search all homes for sale
When somebody buys a home, they almost always have an inspection done by a professional. Sometimes, the inspection period is when the buyer’s bubble bursts; they find a great home, but the inspector finds major defects that make buying the home not worth it. More often than not, however, after the home inspector does their job and identifies every imperfection, the sale still moves forward.
It’s important to realize that a resale home is not brand new. No home is going to be perfect, so it’s important to go into the buying process with the expectation that the inspector is going to find issues with the property.
Once the inspection is done and problems are found, the buyer gets a certain period of time to negotiate repairs or credits. If you feel you’re paying a high price for the home, you might want to ensure the seller takes care of all the problems before agreeing on a deal. If you’re getting the home for a pretty good price, you may be more flexible about how to deal with things found in the inspection.
When we’re representing the buyer, we try to negotiate a fair deal for them so that they’re not buying a troubled home. On the flipside, when we represent a seller, we fight to keep any expense to a minimum. It really depends on what you’re looking to get out of the real estate transaction.
If you have any questions about this or any other real estate topics, please don’t hesitate to reach out to us. We would love to hear from you!