Here’s an email from me to a buyer client of mine updating her on the status of our requested repairs as a result of the inspections. After inspections occur, I sit down with my buyers and go over everything and we decide together which items we will ask to be repaired/corrected by the seller(s). I send this request to the seller(s) or seller’s agent for review and response before the end of our inspection period (10 days is my default time period, but could be longer or shorter depending on the home and situation) and they then have 5 days from the end of the inspection period to give us their response to the requested repairs/corrections. The email below occurs after not getting a response from the sellers/sellers’ agent within that 5 day inspections response period…
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Hey Buyer (identities and addresses are always private here),
UPDATE: The sellers still have not signed the doc (the agent says it’s because they are out of town until today), but are supposed to today. I’m not too happy with this agent for not staying on top of it…their deadline to get back to us/officially respond was yesterday, and I had heard nothing (because I like to trust that the other agent will do what they need to), so I followed up and she said today. I didn’t make a huge deal of it in an effort to keep things cordial, but this officially puts us out of contract right now until they sign a response and initial a change in the sales agreement extending their response time to today (changing the response time period from 5 days to 6 days from expiration of the inspection period) – you could technically walk away right now (not saying you should). I don’t think this is going to be an issue because I still trust this agent and think it’s just that the sellers are tough to deal with and she’s not forward enough to make things happen as they should, but be that as it may, they need to get their sh@# together. I don’t think you need to be worried at this point, this is more to educate you and keep you informed of what’s goin’ on, definitely important, but not critical yet; I’ll stay on them and keep you posted. Let me know if you have any questions or concerns right now.
Also, Appraisal came in at purchase price, so we’re good to go there! …one small repair noted to clear for FHA, but they are items we are already having corrected by the seller, so good to go there as well.
Woohoo! It’s all comin’ together for ya! 🙂
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