Home Inspection Nightmare? 5 Ways to Save Thousands!
Manage episode 481288892 series 3562796
Received a disappointing home inspection report? Don't despair! In this episode, we unveil five powerful strategies to leverage repair requests and potentially save you tens of thousands of dollars on your home purchase.
Learn how to prioritize health and safety issues and major systems, understand the pros and cons of price reductions, closing cost credits, and seller repairs, and the crucial role of getting multiple opinions.
Discover how to leverage market conditions and, most importantly, harness the power of being willing to walk away to negotiate effectively and protect your financial interests.
Takeaways
Home inspections are crucial for identifying potential issues before purchase.
Prioritize health and safety concerns in repair requests.
Understand the three options for negotiating repairs: price reduction, closing cost credit, or seller repairs.
Getting multiple opinions on repair costs can strengthen your negotiation position.
Leverage market conditions to identify motivated sellers.
Walk away power is essential in negotiations to ensure you get what you need.
Be specific in your repair requests to show seriousness to the seller.
Use detailed spreadsheets to present repair costs effectively.
Know the seller's motivations to negotiate better.
Repair request negotiations can lead to significant savings for buyers.
For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.
This podcast was produced by Two Brothers Creative.
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