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In my state the Seller may refuse to fix items. The Buyer may then agree to accept the house "as is" or they may cancel the contract; providing there is an Inspection Addendum that states this.
Inspections should be referred to in your contract or as an Addendum. If you used a broker or real estate agent, s/he should be able to show you what the appropriate language was in the contract.
What else can I help you with?
Are the real estate commissions split between the buyer and seller?
Normally the real estate agent's commission is paid by the Seller. In over 20 years of experience I have never heard of the buyer being expected to pay real estate commissions.
When is a real estate contract valid?
When it has been signed by the buyer and seller.
Does buyer or seller provide Purchase and Sale Agreement in Real Estate transaction?
In a normal real estate transaction, the buyer or his agent would present the Offer to Purchase to the seller for him to either accept of alter, creating a counter offer. If the offer is acceptable, the seller then signs it, which is referred to as Acceptance.
What are material facts in real estate?
A fact that, if known, may have triggered a purchaser or seller of property to make a different decision in relation to the purchase of the real estate.
What is the role of a real estate principal?
A principal is the main party in a transaction. The buyer and seller are the principals in a real estate transaction. Their roles are self-explanatory. Buyers and sellers are the driving force behind the real estate market.
What is a Grantee record?
the seller of real estate
Who is transferor in real estate transaction?
the seller
What is a house seller called?
real estate agent
What is the seller's compensations if buyer does not keep his agreement to purchase real estate?
There are remedies available to the Seller if a buyer does not purchase the real estate as agreed in a written, fully executed contract. These are only available to the seller if the buyer has signed the contract and there are no limiting conditions such as a financial clause, inspection clause, due diligence period, etc. If the buyer breaches the contract the seller may sue to keep the buyer's deposit, sue for damages caused by the buyer breaching the contract, and may also sue for "specific performance" which would force the buyer to purchase and close on the real estate.
Once your house inspection report is generated does it become public information?
Answer I disagree. Home inspection reports are private, and they belong to the Buyer who paid for them. (or the Seller if the Seller paid for them). The only people who can get copies, absent the Buyer or Seller's permission, are the Realtors working on the sale.
What is acceptable evidence of a marketable title in real estate?
A title examination that shows no title defects or other encumbrances, and, title to be in the seller is acceptable evidence of marketable title.
Are the real estate commissions split between the buyer and seller?
Normally the real estate agent's commission is paid by the Seller. In over 20 years of experience I have never heard of the buyer being expected to pay real estate commissions.
What does CSB stand for in real estate?
Contact Seller Broker
Who usually pays a real esate agent a commission?
In US residential real estate the Seller pays the real estate agent's commisssion.
Can a trust be listed as the seller of real estate?
If a Trust is the registered owner, then it would also be the legal seller.
What are the responsibilities of a seller agent in a real estate transaction?
A seller agent in a real estate transaction is responsible for representing the interests of the seller. This includes marketing the property, negotiating offers, and guiding the seller through the selling process. The agent must act in the best interests of the seller and provide them with accurate information and advice.
When is a real estate contract valid?
When it has been signed by the buyer and seller.
