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Chad Mitchell
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Question about repairs amendment for FHA offer

Chad Mitchell
Posted

Hi,

I'm under contract for a fourplex, and currently in post inspection negotiation.

My real estate agent asked me to sign a repairs amendment to the offer that includes a termite letter for the entire property (disclosure from previous offer inspection), as well as FHA required fixes.

My question is: should I include additional repairs on this list, or is it possible to negotiate those big ticket items after the current repairs are done?

For example, the items I would like to negotiate are: new roof and electric panels and wiring. Should these be included in the repairs amendment if not required for the FHA loan? My goal is to either have the seller pay for the repairs or lower the agreed upon price.

Thank you