I just returned from a home inspection and have to sort through the list to determine what remedies to request. One thing we have learned as agents, is that credits very often are not the best way to address things. New homebuyers get all caught up in moving in and decorating, take the credit and never fix the thing with it. So if something really needs to be fixed, get it fixed before closing. Today was an excellent example. When the seller bought this house he received a credit to fix the chimney flashing. Today there was water on the floor that came down the chimney because he never fixed it three year's ago. It's not an expensive fix, but needs to be done. So better to get that fixed prior to closing than to get a credit. Huge warning with regard to credits. If you are alre...
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