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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 was the greatest land grant ever given to an English subject?

A 
William Penn arrived in October, 1682, to take over his enormous grant that later became Pennsylvania and Delaware.
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Craig Scott, REALTOR®, real estate agent and broker for Aspen, Basalt, Carbondale and Snowmass Village Colorado home listings, property and land for sale - NUMBER1EXPERT™

Craig Scott
Mason Morse Real Estate

514 East Hyman Avenue
Aspen, CO 81611
Cell: 970-309-1140
Fax: 970-925-7027
Direct: 970-920-7368
craigscott@NUMBER1EXPERT.com

I hope I can help you find that special place! "Being a Realtor in Aspen with a reputation for working hard and having business insight and market knowledge has always been my goal. I offer my clients honest advice based on thorough research and present the facts."

GRI REALTOR


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