May
12

Q&A: What Seller expenses can I expect to pay after a home inspection?

Question: What Seller expenses can I expect to pay after a home inspection?
I am currently in the process of selling my home. The buyers will be getting a home inspection done on the property within the next week. What kind of expenses and potentially how much should I expect to pay after the inspection is done? My house is only 10 years old, and has no major issues that I’m aware of. 

Any help would be great, this is the first time I have sold a home. Thank you!

Best answer: Whatever repairs and/or maintenance issues the buyers request be remidiated are negotiable. Meaning that you could decide to take care of it before closing, you could give the buyer a $$ credit at closing or refuse to do anything. 

It depends alot on the buyers. Some have a huge list of meaningless things and some only care that the home is solid. Make sure to get several estimates before making a decision.

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About Kristofer Nance

Kristofer Nance, Real Estate Broker with Nance & Associates, Realtors in Fredericksburg VA
Owner/Agent of Nance & Associates, Insurance.

Comments

  1. MacMorrigan says:

    If really depends on the buyer and what if anything is wrong. If the problems are minor the buyer might decide that he/she can do the repairers themselves and it would not cost you anything. If the problems are major or if you have already agreed to fix any problems found during the inspection before the sell it could be anything from a hundred dollars to thousands of dollars, depending on what if anything the inspectors fine.

    When I bought my house I agreed to take the house as it was at a slightly reduced price, and I am making repairs myself a little at a time as I can afford it. Except for a reduced selling price the seller did not have to pay anything after the inspection. Of course the problems that where found during the inspection where all minor.

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