You’re nearing your goal of buying a home in Charleston,
SC! You have zeroed in on a property, submitted your offer, and heeded your
agent’s advice and ordered a home inspection.
Soooo…what if the inspector finds major issues nobody
expected? While most home inspections only uncover small problems that can be fixed
easily, some do turn up serious issues. In 2013, 16% of Realtors® reported sales that
went off track due to the inspector’s findings. What’s your best course of
action if that happens?
Buying a home after major problems have been identified should
only proceed after you know how much time and money it will take to solve them.
Whether you are dealing with foundation, roofing, electrical, HVAC or plumbing
issues, call a few Charleston area companies that specialize in dealing with
structural home repairs, and gather some
free quotes. Depending on what you hear, you can then decide to move to
modifying your offer or you can walk away and look for another home.
Your agent will be able to assist you in modifying the original offer to
the seller. If the issues are truly major and expensive, you may need to
negotiate back and forth with the seller to see what they are willing to do. Be
prepared to make some concessions, and don’t get frustrated with the process.
It may take some time to come to an agreement that satisfies both parties.
As everywhere, buying a home in Charleston, SC is peculiarly
both a heavy-duty financial decision as well as one fraught with emotion. People
can find themselves tempted to ignore thorny issues simply because they have
fallen in love with the home. But since you could end up spending tens of
thousands of dollars on repairs, it’s vital to isolate your emotions from the
decision.
If the bids you’ve received are astronomical, it could be
time to find a better house. But you needn’t despair. This is all part of the
process of buying a Charleston home—and a big part of why I’m here to help my
clients. If you’re buying a home this winter,
I’ll look for your call!
Interested
in selling your Charleston area home? Visit: www.jeffcookrealestate.com
Interested
in buying a Charleston area home? Visit: www.discovercharlestonareahomes.com
-Jeff Cook
Jeff Cook Real Estate
Charleston, SC
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