Asking for repairs buying Investment Home
How can I get the seller to replace the roof with a new one? I think they will fix the plumbing leak and other cosmetic items. But was worked for anyone when buying an investment single family property to get the seller to put a new roof on. I already had an inspection done. What leverage can I use? I'd be fine if they just put a new roof on and nothing else.
- Investor
- Austin, TX
- 5,507
- Votes |
- 9,861
- Posts
Tell them you won't close unless it's fixed.
Quote from @Nathan Frost:I’d ask for the roof to be replaced OR a seller credit to be held by the title company to be set aside and paid out of escrow for a new roof. A seller would be more likely to accept the later since it won’t hold up the close date and also would be paid out of title instead of out of pocket.
How can I get the seller to replace the roof with a new one? I think they will fix the plumbing leak and other cosmetic items. But was worked for anyone when buying an investment single family property to get the seller to put a new roof on. I already had an inspection done. What leverage can I use? I'd be fine if they just put a new roof on and nothing else.
hope this helps!