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Real Estate Tips
First Time Buyers >The Perfect House

Home buyers must often deal with deferred maintenance or repairs. For example, you may have found a terrific house and like many competent home buyers, you included a structural inspection contingency in your purchase agreement. What happens when you find out that your "perfect" house needs some work? Do you ask the sellers to pay for the repairs? Before you answer "yes", there are some important considerations.

Some contracts require that all of the home's systems, such as plumbing, heating, electrical and central air conditioning, be in working order. In this case, the sellers may be obligated to repair any problems with these systems. Leaky roofs, damp basements, or other structural problems may not be covered, however. If you ask the sellers to make these types of repairs, you may void the contract by doing so. The sellers might prefer to negotiate the repairs to keep from losing the sale. If there are other buyers waiting in the wings with back-up contracts, you run the risk of losing the home.

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Real Estate Trivia
Q 
Which islands are considered the largest islands in the US?

A 
The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles.
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Jim Castillo, REALTOR®, real estate agent and broker for Fayetteville, Ft. Bragg and Pope Air Force Base, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim Castillo
Century 21 Weaver and Associates

Sycamore Dairy Rd
Fayetteville, NC 28303
910-237-3414
Fax: 910-433-0977
jimcastillo@NUMBER1EXPERT.com


Jim Castillo of Century 21 Weaver & Associates will co-operate with all agents from Townsend Real Estate, ReMax Choice, Peachtree Real Estate, Exit Realty, Coldwell Banker Huff & Pennick, ERA Strother, and any other member of the Fayetteville Regional Multiple Listing Service.

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