Delete Value Choice into the Property Inspection Report

Aug 6th, 2022
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How to Delete Value Choice into the Property Inspection Report

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today were gonna go over the buyer inspection notice sellers response this documents also known as the Ben sir among the real estate community Im Phoenix real estate agent John Cunningham with exp Realty and today were gonna go over the Ben sir and were gonna talk about three things were gonna talk about what its intended to do how to use it wrong and how to use it right so with no further ado let me present to you the Ben sir now this is one that I used for one of my clients we filled it out and had a happy transaction but heres how heres how it usually goes its something like this so youve got four happy parties usually youve got a happy buyer who finally found their house a happy seller who finally found the person to buy their house youve got a happy listing agent who finally has the house under contract and a happy buyers agent who has found their buyer home everybodys happy one big warm fuzzy happy family until this thing comes along in some cases so this document is

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Here are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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Follow these steps when negotiating after a home inspection: Hire an experienced real estate agent. Only focus on the major repairs. Opt for a credit or price reduction instead. Think long term. Provide supporting documents. Ask for a home warranty. Be reasonable.
This clause asserts that your offer is dependent on being able to secure financing. If you remove it, you may not get your deposit back if you cannot obtain a loan, says Herman. So, if youre like most buyers and plan on financing your home purchase with a mortgage, you should never remove the financing contingency.
A home sale contingency gives the buyer a specified amount of time to sell and settle their existing home in order to finance the new one. This type of contingency protects buyers because if an existing home doesnt sell for at least the asking price, the buyer can back out of the contract without legal consequences.
5 Tips to Close the Deal with A Stubborn Seller Discover What the Seller Wants. The first thing to do as the buyers agent is to discover what it is that the sellers want. Be Willing to Waive Contingencies. Come to The Table Prepared. Offer the Seller a Rent-Back. Get Creative Connections and Expertise.
Counter at Your List Price. As a seller, you probably wont want to accept a potential buyers initial bid on your home if its below your asking price. Reject the Offer. Try to Create a Bidding War. Put an Expiration Date on Your Counteroffer. Agree to Pay Closing Costs.
Armed with an appraisal report that sets a lower value on the property than the accepted offer, the buyer can choose to either cough up the extra money at the closing, walk away from the deal and get their deposit back or renegotiate the price with the seller.
Removing the loan contingency means you agree to pay the purchase price for the property even if you dont have a home purchase loan. You should only remove the loan contingency in a purchase agreement if youre a cash buyer or are absolutely certain you will obtain financing.
7 tips for negotiating after a home inspection Hire an experienced real estate agent. Only focus on the major repairs. Opt for a credit or price reduction instead. Think long term. Provide supporting documents. Ask for a home warranty. Be reasonable.

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