Home Buyers: Negotiate Home Repairs Successfully
If you are a home buyer and have recently obtained a home inspection report, there are usually items that need fixing, e.g., leaky faucets, rotted fascia boards, missing light covers, roof leaks or even more serious home repair. In order to negotiate your best deal, knowing quickly the repair cost is vital. Contractually, you've only a week or two at best to get repair estimates and to work out an agreement with the seller, so the clock is ticking. If you are an out-of-town home buyer, getting to the house or finding residential contractors to provide this information in time may be impossible.
Additionally, every home inspection report is unique, and if you are a first-time home buyer, or if it's been some time since your last home buy, the inspection report results can be overwhelming, mainly due to the sheer volume of pages, oftentimes 20-30 pages or more. Specific repair line items can seem endless, sometimes 100 items or more. Knowing the cost of each item might require calling several home contractors, e.g., electricians, carpenters, plumbers, or roofers, but lining them up on short notice and obtaining their estimates can be time consuming and frustrating, especially since you don't own the home yet. Some contractors may be readily available, others not. Assuming they do show up, you could spend a lot of time driving, meeting, and waiting on estimates.
Instead of all that, iQuoteRepairs will email you an accurate, line-item estimate for all the repair items in your home inspection report, within 24 hours. Now you will have time to fully assess your repair options and the overall purchase decision, rather than feeling pressure to make hasty decisions at the last hour, and regretting those decisions after you've moved in.