Keep it reasonable with repair requests

Real Estate Watch

By CLINT?FREEMAN

A very important part of a home purchase contact is the buyer’s 17-day inspection period. During this time it is highly advised that buyers request a whole-house inspection, check city permits and review the seller’s disclosures. At the buyers’ discretion, based upon all these reports, it is possible for the buyers to request that the sellers make repairs to the home. However, what’s reasonable and how much is going over the top with requests? Here are a few guidelines to follow:

— Termite and Roof Clearances. —

Yes, there are termites in Ridgecrest! A buyers’ lender will request a termite report that is clear of Section 1 items: no infestation, dry rot, or fungus can be present. If found, those items will need to be eliminated or repaired. It is not unreasonable to ask sellers to have the inspection and the repairs paid for. The situation is likewise with a roof inspection and certification. A licensed roofer will inspect a roof and note if any repairs are needed in order to issue a two-year roof certification. This certification and necessary repairs are totally negotiable, but not unreasonable for the seller to pay.

— Major Home Systems. —

The electrical, plumbing, heating and air-conditioning systems should all be in proper working order. Lights need to be turned on without getting shocked, and outlets should be properly grounded. The buyer should request that toilets, sinks, showers and tubs correctly operate. Heaters should safely turn on, and air conditioners should properly cool down. All doors should open, close and securely lock. If the home has a pool, the foundation, vinyl liner, filter, skimmer and heater should all be in working order.

— Upgrades. —

It is unreasonable to ask sellers to pay for upgrades. This includes a home’s electrical system that may not be up to 2018 code standards. Remember, a home was up to code standards the day it was built or the day any permitted upgrades were acquired. It is OK to ensure that the existing electrical system is in proper working order, but demanding that two-prong outlets be replaced, GFCIs be installed or electric panels with knob fuses be brought up to current standards is out of the ordinary. This also applies to galvanized plumbing, older furnaces or single-pane windows. If it works, and it’s determined safe by an inspector or contractor, then requesting a replacement is requesting an unreasonable upgrade.

— Cosmetic Changes. —

Buyers insisting walls be repainted, carpets replaced, wood floors be refinished, single-pane windows be updated, or extensive landscaping be installed are all roads that lead to seller insult. The more realistic repair requests are kept, the better chances of a win-win solution. Buyers that alienate sellers may end up with no house at all.

Need more on info on repair negotiations? Give me a call, Clint Freeman, at (760) 382-1082 and let’s talk it out!

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RIDGECREST FACTS AS OF FEBRUARY 2018

• To date 73 homes are on the market ranging from $69,000 to $575,000.

• The past three months’ price-per-square-foot averages of sold single-family homes are College Heights $161, NW $119, NE $42, SE $122, SW $123 and Ridgecrest Heights $129.

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CALIFORNIA FAST FACTS

• The California median home price is $549,560.

• The lowest median home prices are Lassen at $175,000 and Ridgecrest at $190,250.

• The highest median home price by region is San Mateo at $1,500,500.

Story First Published: 2018-02-16