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Updated 11 days ago, 12/07/2024
Inspection Report - How would this inspection report affect your offer?
Hello BP Team!
I recently went under contract for a 4/2 LTR/Section 8 house with current tenet in place in Jackson, MS. Inspection report came through today. First time out of state investor. Currently have a local LTR Condo in CA and Primary SFH in CA.
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How should I think about my counter offer/credits/repairs off of the inspection results?
I typed up the below and sent back to my realtor to start the conversation but wanted to get BPs thoughts as well.
-Should I ask for credits to repair?
-Should I reduce my price offering?
-Or is this normal and I eat the repair costs?
My message back to the realtor:
After reviewing the inspection report, here are my thoughts. I would like to have some of the results looked into further, repaired, or credits issued so that we can repair.
The below list is what I would like to be repaired or priced out to have credits issued.
Let me know what you think, thanks!
Further Evaluation (Professional based)
- Comment 2: Yard wet
- Comment 23/24/25/26/27: Electrical Work
- Comment 4/5/6/7/40: Glass repairs/sealed
- Comment 28/29/30: Hvac repairs
- Comment 49: Chimney inspected/cleaned
Repair (Handyman based)
- Comment 3: Vegetation removal
- Comment 12: Leaking hose bib
- Comment 13: Sewer cap replaced
- Comment 19: Door knob replaced
- Comment 22: Replace all batteries in smoke detectors
- Comment 38: Replace clamp in sink
- Comment 39: Replace dishwasher
- Comment 41/48: Dry wall prepare
- Comment 44/47: Door repair