The Buyer has 3 options:
- Accept the home without requiring any repairs and proceed to closing.
- Reject the home based upon issues raised by the inspection.
- Ask the seller to make certain repairs to the home.
If the Buyer elects option #3:
We will prepare a “Repair Addendum” listing the requested repairs. When signed, we will forward it to the Sellers agent.
The Seller now has 3 options:
- Agree to make all requested repairs and proceed with the sale.
- Agree to make some (but not all) of the requested repairs.
- Refuse to make any repairs.
The Buyer now has 2 options:
- Cancel the contract due to the Sellers unwillingness to make all repairs.
- Accept the Seller’s position on repairs and proceed with the purchase.