Four Real Estate Deal Killers
By Scott Wharton, Home Inspector - Richmond
(HouseMaster Home Inspections)
Many news reports point to the sub prime lending mess as the cause for the housing slump. But home sellers should know that plenty of people with good credit are simply cautious buyers, which can keep sales down. In most areas it's a buyer's market, so people can be picky. "Most buyers in this market will try to re-negotiate based on the findings of their home inspection. If the seller is unwilling to make repairs or lower the price, they may walk away because they knew other properties are available," says Kathleen Kuhn, president and CEO of HouseMaster. With approximately two million home inspections collectively performed by its franchise offices, HouseMaster is aware of a number of conditions that are more likely to scare buyers away. But sellers do not have to stand by with their f...
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