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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
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Lori SOLDano
Coldwell Banker Residential Brokerage

2 W. Allendale Avenue
Allendale, NJ. 07401
Phone 1: 201-218-8858
201-236-4039x109
Fax: 201-934-8206
Email: LoriSOLDano@NUMBER1EXPERT.com
E-mail: sold1234@aol.com

As a dedicated award winning real estate professional I strive to provide my clients with Service above and beyond what that have experienced before from a real estate agent. "Success Through Service" is my motto. Serving all of Northwest Bergen county, Allendale, Ridgewood, Mahwah, Ramsey, Upper Saddle River, Wyckoff, and Franklin Lakes, just to name a few. My goal is to work with my clients as a partner, respecting your finances and your dreams of homeownership .


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