A seller’s obligation to pay for repairs following a home inspection is limited to situations where state rules, such as seller disclosure requirements, apply. Everything else is up to the bargaining power of the buyer and seller, and who pays for what will depend on the outcome of the inspection report after it has been received. Making an appointment for a home inspection
- Is it the seller’s responsibility to pay for repairs following the inspection?
- The seller is not required to pay for repairs under the terms of the contract.
- In order to avoid losing the buyer, it is in their best interests to at the very least consider covering some of the costs of the repairs, if not all of the costs.
- As with other things in life, this is also influenced by the real estate market.
Can a buyer ask a seller to make repairs?
According to Lerner, while buyers are always recommended to have a home inspection so they know what they are purchasing, when there are a limited number of homes for sale and purchasers must compete for properties, they are more likely to forgo their inspection privilege in order to ask a seller to make repairs.
Do most sellers fix things found on the inspection report?
Most vendors will correct issues that are discovered on the inspection report provided the cost of the repairs is not too expensive. Repairs such as weatherstripping, caulking, and broken bathroom fans are examples of items that will not cost a lot of money to replace.