Being Prepared For Negotiations After The Home Inspection

In every home-selling process, a home inspection is very important. The report that comes after an inspection is the one that will determine your negotiations. Negotiations after a home inspection are not easy and require preparation if you want to be the winner. As a buyer in Bergen County, you will need to be equipped with strategies that will help you avoid spending a lot of money on the repairs in the event a home needs it.

What is a home inspection?

A home inspection is done to make sure that there are no hidden problems with the house that you may not have been aware of. These problems can affect the value of the house. These issues can sometimes be big or small. The inspector focuses mostly on water and water penetration. The home inspector also checks on the sinks, bathrooms and other features of the home such as the electrical appliances.

Opening negotiations

As a buyer in Cliffside park, you need to spend some time with the seller so that you get to know him or her. Find out some common grounds and shared interests so that when you start negotiations, you will know where to hit and where not to. When negotiating, both sides should create a sense of partnership so that the whole process succeeds.

When negotiating, do not bring in your emotions. Emotions can get in the way of your negotiations and the whole process can go south. Some of the concerns that can be applied to your negotiations after the home inspection include:

  • Appreciation
  • Affiliation
  • Status
  • Role

During negotiations, you should leave out the small stuff and major on the big stuff. When you focus even on the smallest of things, the seller might get annoyed and the deal might not get closed. You can decide to fix the small damages by yourself and not include them in the negotiations.

You should know when to walk from a deal. If you don’t have enough money to purchase a house with a down payment and make the repairs yourself, then leave it. Even if you really love the house, the best option is to walk away. This is because it will weigh you down and you will end up spending all your money and not do other things.

Conclusion

The negotiation process can be very stressful and difficult for both the seller and the buyer. You can be expecting a few bills after the inspection but then, the inspector comes with a whole lot of bills or repairs to be done. As a buyer, do not put all the repairs on the seller. Put him or her to your level, focus on the major things and your negotiations will be a success.

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Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
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Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
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Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
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Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
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15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
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Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
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