Buying A Home
rkargerja
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Closing credits?
Hi there,
I'm new to this board and we are in the process of purchasing our first single-family home. We had our inspection yesterday and it went well. There were some minor issues to the air ducts and crawl space with repairs that would range from $1500-$3000. There were also some easily fixable issues such as the shower head wasn't working correctly in one of the bathrooms. Our realtor advised that we ask for credits at closing instead of asking the sellers to make the repairs. I was just curious what other people in a similar situiation have done.
Have you asked for credits at closing or just asked for repairs before closing? Or a little bit of both?
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Re: Closing credits?
I agree with the other posters option. Either fix it or pay me "X" whatever you and your agent decides "X" should be.
Unless there is some reason to believe they won't fix it properly then just go with the cash.
Been dealing in Real Estate for a while and I always find that giving more than one option shows you are both serious but understanding of their situation. Remember to double check the contractor whether chosen by you or the seller to make sure they have the proper license required to do the work in your area.
If you decide to take the cash make sure you have 3 estimates for the repairs so you don't short change yourself.