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WWYD? Repairs not done, but set to close in two days
We are buying our first house. The sellers are a property company. We had the house inspected more than a month ago and asked the them to fix about 20 things the inspector deemed "critical," fully expecting the sellers to agree to only a few of them. But to our surprise, they agreed to do it all. Our agent followed up with them a few weeks ago to check on the timeline for repairs, and they agreed to have everything done five days prior to our reinspection date.
The reinspection was last week, and they had only completed two of the repairs we asked for (as well as a few we didn't). I wasn't able to be there due to travel for work, but DH and our agent were present. Since it's so close to closing, our agent said she would call her contractor to begin completing the repairs and have the sellers put the money in escrow so we can go ahead with closing.
This seems weird to me. Even if we get an estimate from the new contractor, what if we go over budget and have to shell out for the repairs ourselves, when the whole point is that we shouldn't have to? Have any of you pushed back a closing date for a reason like this, and if you did, how did it work out? What would you do in this situation?
Re: WWYD? Repairs not done, but set to close in two days
We did our final walk through and found that one of our three repairs had not been done properly. Our agent promised to hound the other agent to make sure that it was completed. It's been 18 days and I'm still hounding our agent to hound the other agent. It's not the biggest repair ever, but I don't like to feel cheated an I plan to annoy everyone involved every day until it's done.
That said, I feel like after you close you put yourself at a major disadvantage. The house is yours, repairs or no. If you're working with an attorney, I would ask them what the best way to protect yourself is. If you don't have to move in right away, I would push off closing to make sure that the work is done.
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