Inspection Stage for Sellers in New Jersey 🏠
1. Scheduling the Inspection 📅
- Coordinate with Buyer's Agent: The buyer's agent will schedule the inspection and inform you of the time and date.
- Confirm the Appointment: Make sure the appointment is convenient for you, and try to accommodate the buyer's request whenever possible.
2. Day of Inspection 🔍
- Prepare the Property: Ensure all areas are accessible.
- Avoid Being Present: Typically, the seller is not present, but the listing agent or representative should be there.
- Expect a Radon Test (if applicable): If conducted, follow instructions about keeping windows closed for accurate readings.
3. After the Inspection 📝
- Wait for the Report: Avoid making assumptions; wait for the official report.
- Consider Buyer's Requests: The buyer may request repairs or credits. Negotiate as needed, understanding that buyers may want licensed professionals to perform repairs.
- Allow for Additional Estimates: If buyers request contractors for estimates, allow access as required.
4. Legal Considerations and Challenges ⚖️
- Handle Requests Carefully: Agreeing to requests, attempting to renegotiate, or even canceling the deal are options but should be handled with care.
- Maintain Communication: Keep lines of communication open with the buyer, their agent, and your legal representative.
Appraisal Stage for Sellers in New Jersey 💸
1. Scheduling the Appraisal 📆
- Coordinate with Lender: The lender will order an appraisal and coordinate a time with your agent.
- Confirm the Appointment: Ensure the scheduled time is convenient for you.
2. During the Appraisal 🏢