How to Negotiate a Home Inspection Credit in the LBI Real Estate Market
Long Beach Island Real Estate
When buying a home in the Long Beach Island real estate market it is easy to forget that there are usually two separate negotiations that will take place. The first is the price of the home and the second is the home inspection repair list and/or credit amount. This second and often overlooked negotiation is critical to the overall transaction. If a problem with the home is not properly identified and addressed it can be a costly and even dangerous problem down the road. While it is a good idea to have a basic understanding of what to expect from a home inspection, understanding home inspection negotiation in the LBI real estate market is essential to any successful purchase on Long Beach Island. In summery:
- Always hire a qualified home inspector when buying a home on LBI
- Schedule the inspection early in the transaction
- Be reasonable with repair requests or credits
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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