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Real Estate Tips
First Time Buyers >The Perfect House

Home buyers must often deal with deferred maintenance or repairs. For example, you may have found a terrific house and like many competent home buyers, you included a structural inspection contingency in your purchase agreement. What happens when you find out that your "perfect" house needs some work? Do you ask the sellers to pay for the repairs? Before you answer "yes", there are some important considerations.

Some contracts require that all of the home's systems, such as plumbing, heating, electrical and central air conditioning, be in working order. In this case, the sellers may be obligated to repair any problems with these systems. Leaky roofs, damp basements, or other structural problems may not be covered, however. If you ask the sellers to make these types of repairs, you may void the contract by doing so. The sellers might prefer to negotiate the repairs to keep from losing the sale. If there are other buyers waiting in the wings with back-up contracts, you run the risk of losing the home.

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Real Estate Trivia
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What are the financial benefits of having a home near a body of water?

A 
The mere presence of water within 300 feet increases a home's value by 22 percent.
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APPLEBAUM & Associates, REALTOR®, real estate agent and broker for New Castle County, Wilmington, Newark and Hockessin, Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

APPLEBAUM & Associates
Keller Williams Realty

1521 Concord Pike, Suite 102
Willmington, DE 19803
Office: 302-299-1136
Fax: 302-299-1188
Cell: 302-750-7677
brentapplebaum@NUMBER1EXPERT.com
brentsells@comcast.net

APPLEBAUM & Associates has been the #1 Top agent at Keller Williams for the last two years! And we have only been with Keller Williams Realty of Wilmington for the last two years. See how hard we work? Let us work for you too! At APPLEBAUM & Associates we have a team of professional, personable, experienced agents that are always available to assist you in all of your Real Estate Needs. We are your Real Estate Advisors and we are ready to work for you.

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