If you're really only talking about $2000 I say go for it. That's just not that much in the scheme of things.
To me, inspections have always been a window into human nature or character. Often people act in ways you yourself would not. I love old houses and I don't look on an inspection as a way to get everything fixed - or anything fixed actually - to me an inspection gives me my long-term to-do list and the assurance that the house isn't going to fall into the ground. But when I went to sell my old house I had to deal with a buyer who asked for a long list of repairs and for $. I cursed, swallowed hard, and gave back the equivalent of 3% of the purchase price. Eye on the prize!
the Seller has options
a) to accept the estimates and agree to pay such amount as credit at the closing for the buyers to do
the repairs themselves
b) The Seller can also agree to fix the repairs himself before the closing and provide copy of
the paid bills for them as proof the work has been done
c) the Seller also can refuse to do any of the two above choices, the buyer then may not want to buy the
home anymore, just depends on the buyer
d) And depending on the actual items and the actual amount in question the seller can evaluate
if he wants to pay to the buyer the full amount the buyer is asking for or suggest to split that amount
in half since the buyer will be living in the property after all fixing has been done and just
credit half of the amount of the estimates to the buyers..
If the sale is important to you and you the seller do not want to lose this buyer, you want to proceed
in a gentle but firm manner and your Agent will be the person to present your decision in a calm but
determined manner, and may also say if that is so, that the sellers do not want to lose the buyers
If the buyers are first time buyers and have never owned a home, careful, they may just have cold feet
and may be an older home may be too much of a worrisome responsibility to them.... Just have your
Realtor proceed tactfully.
Good Luck to you
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
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That is very odd that the buyer won't give you a list of items he wishes to be repaired or is requesting a credit. Does the buyer have an agent representing him? He certainly is not being aggressive in pursuing repairs he may want. Perhaps you should put the ball back in his court and tell him that you won't perform any work so as to prompt him to submit which repairs he wants done. I hope that you can work things out.
Prudential Connecticut Realty