Here’s why the nation is in the midst of a major housing shortage.
In the real estate process, the escrow period is usually 30 days (though it can be shorter). In that time, the buyer has the right to inspect the house and request repairs from the seller. Whether you’re a buyer or seller, you need to know how to handle this process correctly and what to do should something need to be repaired.
Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video:
0:00 — Introduction to today’s topic
0:50 — What is the request for repairs process?
1:30 — Should sellers do pre-inspections?
2:50 — What should sellers expect if they get a request for repairs?
4:10 — What should buyers be asking sellers to repair?
5:55 — The best way to handle requests for repairs is to have an excellent agent
6:15 — Wrapping up today’s topic
If you have any questions about the request for repairs process or real estate in general, reach out to us via phone or email. We would love to help you.