Reply to The HGTV effect on home inspections

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[quote=Anonymous][quote=Anonymous]I assume the offer price already reflects the age of the roof, etc.

I don't understand the need for additional concessions. [/quote]

I think this is the point that OP was making: why in the world is there an assumption that once a price has been agreed on with a 'product' that is obviously not new - be adjusted for things such as an older roof? The other potential buyers made their offers on those facts. The issues uncovered in an inspection that should/can open up negotiations would be things that aren't obvious like electrical, water pressure, moisture, systems. Luckily I have always sold in a sellers market and have only done the required repairs. I only kick myself for the one time when we sold to a neighbor (who I thought was a good friend of a friend so I felt a responsibility to honor more - though turned out not really close!) and I gave in and gave credit towards fixing water line as they weren't happy that it seemed low volume. 20 years later I still kick myself for giving up that $2500.[/quote]

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