As stated before there is no black and white in this area of a transaction. It really depends on your situation and motivation. If you HAVE to move then you are behind the 8 ball and will probably have to make some concessions. If you dont have to move then simply say no to any non lifesaftey issue on the inspection list. If the sellers wont budge , you dont either and let them walk away from the deal. As always consult your attorney and realtor beforehand
I haven't read answers from other Realtor, and just will give you my PERSONAL opinion:
You have done a lot to the house; your offer to a buyer is generous. I don't know your reason of selling home, but if you are really Must sell you are in difficult situation, because your buyer maybe just looking for a way to go out of contract or getting this home at much lower price, and being in contract it is possible by getting a credit after home inspection. Again, this is my PERSONAL opinion. You have to talk with your attorney, with your Realtor. I donâ€™t know all home inspections issues, but based on what you have said $2,000 and some repairs done is generous. Please, donâ€™t take my answer as an advice; this is just what I think.
Advanced Realty Group
Boonton, NJ 07005
Some inspection items are considered serious enough that the seller would need to fix them for any buyer; others are negotiable. We in the Montclair real estate market are noticing more extensive inspection requests these days, that is true, but in any market, credits can range anywhere from zero to the tens of thousands of dollars. It depends on the house, the buyer, and of course, on the seller's motivation.
Keller Williams Realty NJ Metro Group
Century 21 Joe Tekula Realtors
201 Route 10 East
Succasunna, NJ 07876
Phone (direct): (973) 584-4235
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