In certain circumstances, an appraiser signing off on the repair / completion
If a repair was a requirement of an appraiser, or if the bank funding the loan has concerns repairs are complete, they may require a…
Follow-up Inspection by the Inspector
Any items that are not easily verified, may warrant a follow-up inspection by the original inspector (or the inspector who identified the problem). If the…
Receipts from the Vendor Performing the Repair
In most cases, receipts will be obtainable from the person doing the work. In some cases, Seller’s may perform tasks themselves. In both cases, you…
Visual Inspection By the Buyer
If the repair is simple, the buyer may be able to observe the repair on their own at a walk through the property. This might…
Add / Increase Seller Concessions or Contributions to Buyer Closing Costs
Closing cost contributions are clean, and they are realized the day of closing – which is great. So, if a Buyer has the discipline to…
Reduce the Purchase Price
A purchase price reduction is a clean fix, but if a Buyer is financing a property, they realize that reduction over time, or when they…