How Do I Negotiate With Buyers Over Problems in a Home Inspection?
Posted by Steve Harmer on
If you're selling your home, there are ways to minimize re-negotiations because of issues arising from a home inspection
Q: How do I renegotiate with my home's buyers over problems arising from their home inspection?
A: When you are selling your home or condo, often times there are issues with the property that you might not be aware of. At this stage the buyer will often want to renegotiate the agreed price based on the results of the inspection. So how should you, the seller, respond? This is when you get the value out of your Realtor, they will be working for you in this process so make sure you choose a good realtor.
With a home there are often issues that be very costly to repair. One approach to take, as the seller, is to address the issues…
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So you got a “Low Ball” Offer on your house for sale…Unfortunately, “low ball offers” on homes are more common than you may think, particularly among investors. A “lowball offer” is an offer that is far below a home’s asking price (sometimes ridiculously low—but the value of “low” is in the eyes of the recipient). There is not really a benchmark for how low an offer is to be considered a “low ball,” but believe me, if you receive one when selling your home, you’ll know!
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