What about this water heater merits the replacement request?
Is it leaking?
Does it fail to heat?
Is it just not pretty?
What about the 'old' range or the old compressor or even the old garage door opener?
Is a buyer REALLY expecting the seller to jump through hoops for things that are not pretty?
Where do you draw the line?
If it is broke, it shouild be fixed. If it's old, it is just old. If it has reached the end of service life, the buyer needs to BUDGET!
Like so many have stated, a buyer can set the stage for that back up offer to look REALLY, REALLY good. A buyer should proceed with caution when re-opening negotiatons. Very often that back up actually comes with a higher negotiated price. In Florida in general and south FL in paticular, an inspector can cause the wheels to come off the wagon when they go goofy, and place old things on the 'Need Repair' list. These things need to be on the 'Need to Budget' list.
If, however, you have an AS IS contract on the home in Fort Lauderdale, then you would be side to forget about that relatively minor repair.
In today's tight seller's market, you have to decide whether you want the house or not. You can safely assume that there are half a dozen back-up offers on the house, especially if it's priced under $450,000.
With an AS IS Contract, the seller in today's seller's market is basically saying, "take it or leave it" to buyers.
If you think you can locate a similar home within the time frame you need to move, and you're willing to take a chance on losing the house over an item that will cost you less than $1,000, then go for it.
But if you don't have some other homes in Fort Lauderdale lined up as alternatives, eat the water heater. You'll still have the house.
Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
Or, if you have
It really depends on your offer details, inspection, property, etc. Several variables can go into it. Is it a foreclosure, shortsale, regular sale, estate sale?
As the market is right now in South Florida, if the property is in very well desired location, the sellers may not go for it since they know there are more buyers out there ready to take the property as is. And as Bev pointed out, if you are rrequesting a tank less, make sure you tell them you will pay the difference. I would just ask for a $500 credit towards closing costs. Make it easier and then put one in yourself. Sounds better than "please install a new water heater to my standards"....Good luck
Thanks and have a great day.
Technically, you can request anything you want but typically you request something of the same type and quality. What I would suggest is offering to split the cost with the sellers, or pay for the additional upgrade cost.
I have seen similar situations in my real estate career when sellers are just the nicest people on earth and they have gone beyond what is reasonable and customary in relation to their sales contract to accommodate buyers just to ensure that the sale go through like not only replace defective items but replace those items with the best quality possible. Old sellers tend to do so for young family buyers because young people remind them of their own grand children or simply because they want to make sure that the children of young family buyers will be safe.
On the other hand, there are sellers who have no sympathy, none whatsoever. It's a crap shoot.