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Updated 4 days ago on . Most recent reply
100-pg Inspection report & Buyer Repair Request in Tens of Thousands $ despite AS-IS?
Why days before closing do buyer's hire inspector for over $500 inspection, spend like all day poking and prodding at property's mechanics, then their agent send Repair Requests in the 10s of thousands of $ in repairs
Usually asking for the total $$$ inspector recommended repairs add up to, and not settling for less nor for reducing the sale price by claimed amount? Clearly a reason to cancel escrow than give into the shakedown; but why don't they just come with a Contractor to quote them repairs in the first place?
Most Popular Reply
Not sure what you are getting at but as a seller who is selling as-is you typically get larger escrow and limit the contingencies
we usually give a seven day inspection contingency but let the buyer know it's as is and we are not making any repairs.
as a seller, there are many things you can do to mitigate this and it's what separates experience from inexperience
- Chris Seveney
