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Market Conditions in Weymouth : Real Estate Advice

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Sun Jun 10, 2012
Lynne Hagopian answered:
Hi..I agree with the other comments written. You need to talk with your buyer's agent to determine if condition was reflected in the asking price and pull sold property comparisons to help determine market value prior to making an offer. If the property is an "as is" sale, be sure to still have the home inspected so you know what you are getting in to in regards to repairs, but note that the seller may not be adjusting price or fixing anything, so your offer would need to take those items into consideration ahead of offer but are to still be contingent upon home inspection so you if you decide not to purchase you have an out without losing your deposit. If a regular sale and the home inspection detects anything major, you can ask the seller to please take care of it or issue you a credit towards closing costs. However, remember you viewed the property in the condition it is in so anything apparent you would see now. If it is all cosmetics that you are talking about, try to get some estimates on what it would cost to update each area so you have an idea of what you are looking at for future expenses if able to live there while you update. Good luck and hope this helped!

Lynne Hagopian
508 648-0393
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Market Conditions in Weymouth Zip Codes