SELLER'S INSPECTION RESPONSE # 2025

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The document is a Seller's Inspection Response form used in real estate transactions, where the seller indicates their acceptance or rejection of the buyer's inspection requests. It outlines the seller's agreement to make repairs, the buyer's right to inspect those repairs, and includes provisions for responses and signatures from both parties. The form is legally binding and provided by the Indiana Association of REALTORS®.
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  1. Click ‘Get Form’ to open the SELLER'S INSPECTION RESPONSE # in the editor.
  2. Begin by entering the 'Date' and 'Property Address' at the top of the form. This information is crucial for identifying the transaction.
  3. In the section labeled 'Seller responds as follows', select one of the options provided. You can check if the seller accepts the buyer's inspection response, agrees to make corrections, or is unable to make requested changes.
  4. If applicable, indicate whether an addendum is attached and specify if the buyer has rights to inspect repairs before closing.
  5. Fill in any additional comments under 'Other' if necessary, and ensure you set a deadline for buyer replies.
  6. Finally, both sellers must sign and date at the bottom of the form. Ensure that printed names are also included for clarity.

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You can realistically negotiate for anything after a home inspection, but getting the seller to agree to your terms is the real trick. You will need plenty of evidence such as pictures and repair estimates, as often a seller will actually be unaware of the defect in question.
What is reasonable to ask for after a home inspection? It is reasonable to ask the seller to make major repairs that address health, safety, structural issues, and building code violations. The seller may offer cash or a discount in lieu of making repairs.
For inspection clients and home inspectors alike, inspection reports are worth their weight in gold....Inspection Report Writing: 8 Best Practices Don't rush it. ... Know your report writing template. ... Cater each report to the property. ... Stick to the facts. ... Be concise and understandable. ... Take LOTS of photos. ... Manage your risk.

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People also ask

After a home inspection, a buyer may \u201ccounter offer.\u201d This is a process in which the buyer asks the seller in writing to re-open negotiations and to repair major areas on the inspection report. When purchasing a home, a buyer should be able to make the purchase and not have major issues.
How to Successfully Respond to Home Offers Consider the Buyer's Situation. If a buyer makes an offer below your asking price, consider the situation from their perspective before deciding how to respond. ... The Best Buyer Isn't Always the Highest Offer. ... Try to Get More Than One Offer. ... Emphasize What's Positive.
The counteroffer after a home inspection The buyer and the realtor write the counter offer to ask for specific repairs or replacement. This request should be cordial and kind and not demanding and mean. A letter that comes across harsh can upset the seller and he/she can call the deal off.
You can realistically negotiate for anything after a home inspection, but getting the seller to agree to your terms is the real trick. You will need plenty of evidence such as pictures and repair estimates, as often a seller will actually be unaware of the defect in question.
Mandatory repairs are safety issues that need to be addressed before closing....Lender Requirements A leaking or damaged roof. Structural defects like large cracks in the foundation. Major plumbing issues. A contaminated well or non-functional septic tank. Outdated or damaged electrical system. Faulty HVAC. Pest infestations.

Related links

Teledyne ISCO General Terms and Conditions of Sale

All Goods manufactured by Seller are subject to Sellers standard inspection and quality assurance processes and, if applicable, acceptance testing at. Sellers

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Why should you have your home inspected?

Dec 5, 2013 It is the responsibility of the buyer to pay for the inspection on the day it is conducted, and a few days later, you will receive a detailed

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765 ILCS 77/35

UNDER COMMON LAW, SELLERS WHO DISCLOSE MATERIAL DEFECTS MAY BE UNDER A CONTINUING OBLIGATION TO ADVISE THE PROSPECTIVE BUYERS ABOUT THE CONDITION OF THE

Learn more

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