Assuming your buyer does request repairs, we will go over the requested repairs line by line and advise you on what we think is reasonable to accept or decline. Additionally, we will give you as much assistance in the actual repair process as you would like. We're great hand holders or can step back and let you run with it if this is your 10th home sale, it's all up to your comfort level. We have an awesome and extensive network of trusted vendors that we use for both our real estate and construction business; needless to say we know some people. We're happy to recommend these awesome vendors to you, give you our opinions on costs or answer any questions you may have along the way. We are your partners in this process and want you to feel supported the whole way through. Other contingencies we'll need to clear include:
Seller's Property Disclosures: This is a five page form that you will fill out when we list your property. It allows an opportunity for you to disclose all the information you know about your property such as past damage, repairs, additions, etc. This form functions in two ways. First, it protects YOU in the sale of your property, assuring that you have legally disclosed all known defects or issues with the property to the buyer before the close of the sale. Second, it allows the buyer to review the property's history and decline to purchase if there is information in the discloses that the buyer is not able or willing to handle (structural issues for example). Once we deliver these to the buyer, the buyer has 5 business days to review and accept or reject the disclosures.
Preliminary Title Report: This document is prepared by the title company and allows the buyer to see things such as liens against the property, easements that affect the property, CC&Rs (codes, covenants and restrictions), bylaws and more. Once the buyer receives this document from the title company, they have 5 business days to review.
Appraisal: The property must appraise at or above the sales price in order to be financed by a lending institution.
Want more information about any of these semantics? Ask and you shall receive.