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Updated over 4 years ago,
About to buy my first home. Is this negotiation sound?
I have completed my inspection and im about to finish negotiations to purchase my first home. It will be residential and I will probably rent it out in the next few years.
We are at the point of requesting repairs before I finish purchasing and these are my request:
replace sliding door
add gutters to front garage and along rear patio
repair/replace fascia where missing or damaged
have licensed hvac service and clean system
replace with proper material the corrugated drain pipes under the sink
repair/replace windows where seals have failed
replace missing bolt in electrical panel
have license plumber correctly install p trap in laundry room
correct outlets with reversed polarity
remove hot tub
AND this is what they offered:
$3.4k towards a contractor of my choice. I shall furnish the estimate/invoice which shall be paid at closing.
They will remove the hot tub
NOW, is this a fair deal? I feel as if I will have to bring out more cash to complete the list. On top of they are paying 1.5% closing cost
Thank you for reading