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Monday, September 12, 2016

Which Repairs Are Home Sellers Responsible for?


Is a home seller required to make certain repairs in North Carolina? The short answer is no. However, there is still room for negotiation. Tune in to learn more. 
 
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Is a home seller required to make certain repairs in North Carolina? The short answer is no. When you purchase a home in North Carolina, it says right in the contract that you are buying the home as-is.

That said, there is still a due diligence period that allows buyers to have a home inspection, appraisal, and pest inspection. You can still make a repair request and ask the seller to fix certain items or provide you a credit for repairs at closing.

As the seller, you are not required to make any of those repairs. However, as long as the repair request list is reasonable, the seller may still decide to make some of those repairs. If there are any structural issues with the home, for example, it is actually in the seller’s best interest to make that repair because you will have to disclose that issue to other buyers if the deal falls through.


Be reasonable with your requests and the seller may make some repairs.


As a buyer asking for repairs, I recommend that you avoid nickel-and-diming the seller to death. Be reasonable with your request. Pay attention to any safety hazards, major electrical issues, and things like that.

If you have any questions about repairs during a real estate transaction or about real estate in general, give me a call or send me an email. I would be happy to help you!