Home Buying in 18347>Question Details

Monica Struc…, Home Buyer in Pocono Lake, PA

who should pay for repairs from an inspection? buyer or seller

Asked by Monica Strucko, Pocono Lake, PA Thu Oct 28, 2010

Help the community by answering this question:


Simply put, it's negotiable...the buyer can ask for the seller to do repairs prior to settlement and the seller can either agree to do all repairs, not do any repairs, do some repairs and/or credit the buyer before closing for all, some or none of the repairs.

Good Luck :- )
0 votes Thank Flag Link Wed Nov 17, 2010
It depends what is on your contract. If the contract states, "AS IS" the buyer will pay for the repairs. If the contract does not state "AS IS" or if there's any harzdous problems the seller should pay.
0 votes Thank Flag Link Thu Nov 4, 2010
As you can see from the previous answers this is no either or question. In the end the law plays less of a roll than what is fair to both sides, Repairs recommended from an inspection is just that recommeded. A hidden defect that makes the home less valuable in my opinion is the responsibility of the seller. Other than that, it depends on price offered and how close that price is to fair market value which can end up making that repair. But a buyer should never make a repair unless thier expense is protected from loss.
0 votes Thank Flag Link Sat Oct 30, 2010
1. Read your contract and see what it says about your inspection terms/requirements.
2. Ask the seller for any repairs you need done before closing.

It's all negotiable.
0 votes Thank Flag Link Thu Oct 28, 2010
Hello Monica,

You should NEVER pay for the repairs of someone else's property. If the deal falls through you have wasted your money and the seller has reaped the benefit. If it is required by the lender (as is often the case with FHA)
then let the seller pay for it as they cannot sell the house otherwise. If they cannot or will not, use a FHA 203k renovation loan so that you can make the repairs after settlement.
If the repairs are suggestions as a result of a home inspection, then it is a matter of negotiation but again wait until the house is yours before making repairs that you will be paying for. If it is a foreclosure or REO situation you need the banks permission to do any repairs to the property and I can say from experience that the banks legal department will not allow that to happen as it a nightmare from a liability standpoint.

Best Regards,
Alan Openshaw
Cornerstone Lending Inc
720 Second St Pike Suite 104
Southampton Pa 18966
Office 215 953 0800
0 votes Thank Flag Link Thu Oct 28, 2010
This really depends on what is wrong actually. If it is somethign sever such as a septic problem the seller would have to address it for you or the next buyer. Simple items that are routinely found in older homes in Pocono Lake like GFI's are relatively cheap to fix and might be better to do yourself so you know they are done right. Just keep in mind that when a seller hires someone to do the work that contractor is working FOR THE SELLER. When you hire that contractor to do the work they are WORKING FOR YOU!
0 votes Thank Flag Link Thu Oct 28, 2010
The first place to look for that answer is in your contract under the paragraph about inspections. In the contracts I use the buyer can submit a repair request to the seller with those items listed that you want repaired. The seller can either agree to repair all items, some items, or none. If the seller says they will not repair, your agent may be able to negotiate other terms. A home inspection is not a "to do" list for the seller. I would suggest that you only ask for those items that are serious issues to be repaired, or an item that will most likely be flagged by the appraiser.
0 votes Thank Flag Link Thu Oct 28, 2010
Monica, it really just depends as this part of the process is another round of negotiations. Standard protocol, at least in our area, is that sellers will address any major health and safety issues. That being said, as a buyer, you are certainly welcome to ask the seller to pay for repairs for things that came up in your inspection, but they could always say no. Your agent should be able to guide you along what is often a very tense part of the negotiation process. When all is said and done, if you are left being responsible for a few small items but the sellers are willing to do some things, don't get mad or petty as many buyers do and look at the big picture. Good luck.
0 votes Thank Flag Link Thu Oct 28, 2010
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