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After inspection, buyers sometimes approach Lisa with a mission:
“We want them to fix everything.”
Lisa's response is usually some version of:
Let's figure out what actually matters.
The goal is not to win 37 tiny inspection items.
The goal is protecting you from problems that materially affect the property and your finances.
START WITH THE BIG ITEMS
If the inspection finds:
- Significant HVAC problem
- Roof issue
- Electrical concern
- Plumbing problem
- Water intrusion
- Structural concern
Those deserve more attention than:
Loose cabinet knob.
WHEN LISA MAY PREFER A REPAIR
For a significant functional system, having the seller properly address the problem before closing can sometimes make sense.
Example:
The AC is not cooling correctly.
That is a serious issue in Las Vegas.
You may prefer documented professional repair rather than closing with a system you know is failing.
See what to know about HVAC for the Las Vegas context.
WHEN A CREDIT MAY BE BETTER
For smaller or manageable work, you may prefer controlling the repair yourself after closing.
A credit can allow you to choose:
- Contractor
- Material
- Timing
- Quality
But the lender must approve any financing-related structure.
PRICE REDUCTION IS DIFFERENT
Suppose a repair costs $5,000.
Seller says:
“I'll reduce price $5,000.”
That does not necessarily give you $5,000 in cash to perform the repair after closing.
The economics differ.
This is why Lisa looks at:
- Repair
- Credit
- Price adjustment
within the complete transaction.
GET ESTIMATES
Do not negotiate from fear.
If an inspector recommends further evaluation, get it.
A professional estimate can turn:
“This sounds like $20,000”
into:
“Actual repair quote: $4,500.”
Now negotiation becomes rational.
DO NOT TURN AN OLDER HOUSE INTO A NEW HOUSE THROUGH REPAIR REQUESTS
You purchased a resale property.
Normal wear and aging exist.
Lisa wants you focused on meaningful issues.
Understand how seller concessions interact with financing before you ask.
