![]() ![]() These can vary depending on what type of loan the buyer has chosen and the lender they’re working with. Unless you’re selling your home to a cash buyer, you’ll also have to contend with lender requirements. Your real estate agent can help you negotiate these repairs and figure out who will pay for them. You might have to pay a permitting fee or redo work that isn’t up to code, for example.Īlthough these repairs usually fall on the seller, the buyer may be able to assume responsibility for them. In some cities, sellers may also be liable for building code violations and unpermitted improvements. Depending on where you live, you may need to install smoke alarms, bring your plumbing up to code, or add a seismic shutoff valve to your water heater. Many states and municipalities require sellers to fix certain safety issues before the property changes hands. Here are some fixes that you might be required to make as a seller to have a successful closing. ![]() Many states and lenders have safety standards that your property needs to meet in order for the sale to go through. But if you refuse to make any concessions, you may not be able to sell your home. Some sellers even choose to list their homes “as is,” which means that they won’t fix anything that’s wrong with their property. Technically, there aren’t any home repairs that are mandatory after an inspection. What Fixes Are Mandatory After a Home Inspection? Read on to learn more about what fixes are mandatory after a home inspection, and which ones can wait. ![]() Buyers may not be able to obtain financing either if the home has major issues like structural defects or faulty electrical.īut some repairs aren’t required and are up for negotiation. Many states require homes to meet certain codes before the property can be sold. Mandatory repairs are safety issues that need to be addressed before closing. Repairs uncovered by home inspectors fall into two main categories - mandatory and nonessential. About 17% of contingent purchase contracts fall through at this stage because a resolution can’t be reached. It’s important for both buyers and sellers to understand what fixes are mandatory after a home inspection so they can come to a mutually beneficial agreement. Need To Make Fixes After A Home Inspection? ![]()
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