How To Write Up Repairs In Addendum

Protecting the Buyer

Currently the NVAR contracts library does non have a standard class for Heir-apparent Agents to use when asking for the Sellers to do Home Inspection repairs. Because of this oftentimes times agents volition use a blank Addendum course and outline the repairs. I've reviewed and negotiated countless Home Inspections and very often the amanuensis writes something similar this:

The buyers asking the sellers to make the following repairs…

That's it! That's all that's written! So, if I were the Seller, I'd sign off in a heart-crush, considering all I'yard doing is acknowledging that the buyer had a desire for certain repairs. I didn't necessarily elect to make those repairs and fifty-fifty if I had, there's no stipulation as to the quality or blazon of work.

Let's Endeavor This

It's take a look at the different factors that nosotros should exist request for when negotiating for abode repairs. The following list of considerations should be made.

First, let'south identify who is doing what. The Purchaser is requesting repairs to be made and by signing the agreement we desire the Sellers to exist compelled to make those repairs.
We want the Seller's to pay for the repairs and for the work to exist done by professionals who are licensed or certified to do such repairs
We desire evidence of the repairs to be given prior to endmost. 'Prior' is important. Getting the receipts or doing a walk through the forenoon of closing makes no sense. If the repairs weren't washed appropriately than you lot've left no time to make those repairs prior to closing. Therefore we either filibuster closing, escrow repair costs (good luck with that) or the buyer accepts the dwelling in the condition of ill repair.
The agent should make sure that the Seller doesn't "pull a fast one" and replace that really nice, but malfunctioning refrigerator with something he institute at the scratch-n-dent store.
Lastly, we desire to make certain that the Heir-apparent has sufficient rights to inspect the work prior to closing. The electric current NVAR Regional Sales Contract gives the heir-apparent an opportunity to inspect the property five days before the endmost engagement. If you read it carefully one could fence that the verbiage would only let one inspection. This prompts two thoughts. The commencement is that we should inquire for repairs to be done at least five days prior to closing and secondly that the Buyer accept more than than i opportunity to make inspections. If you practise your inspection five days prior to endmost and the piece of work still isn't washed OR you want to make 1 final walk-thru the morning of endmost after the Seller has moved out, in that location shouldn't be a limitation to the number of inspections.

Now I know this is a lot to remember each and every time you write a Habitation Inspection addendum, and then for Coldwell Banker Elite agents, nosotros've created a Clause Library in your Zipform accounts. Now you can merely add together a clause that nosotros've created right into the addendum and go along on writing.