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First Time Buyers >The Perfect House

Home buyers must often deal with deferred maintenance or repairs. For example, you may have found a terrific house and like many competent home buyers, you included a structural inspection contingency in your purchase agreement. What happens when you find out that your "perfect" house needs some work? Do you ask the sellers to pay for the repairs? Before you answer "yes", there are some important considerations.

Some contracts require that all of the home's systems, such as plumbing, heating, electrical and central air conditioning, be in working order. In this case, the sellers may be obligated to repair any problems with these systems. Leaky roofs, damp basements, or other structural problems may not be covered, however. If you ask the sellers to make these types of repairs, you may void the contract by doing so. The sellers might prefer to negotiate the repairs to keep from losing the sale. If there are other buyers waiting in the wings with back-up contracts, you run the risk of losing the home.

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Q	Where is the world's oldest hotel?
A	The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties.
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Carol Tangorra, REALTOR®, real estate agent and broker for Montclair, Nutley and Verona New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol Tangorra
Prominent Properties Sotheby's Int'l Realty
87 Park Street
Montclair, NJ. 07042
Office Phone: 973-783-6900 X111
Cell Phone: 973-420-5650
Fax: 973-873-7161
Email: CarolTangorra@gmail.com
Carol Tangorra has been a successful Real Estate agent for more than 23 years and was formerly named Realtor of the Year by the West Essex (NJ) Board of Realtors. She was awarded lifetime membership in the NJ Association of Realtors’ Circle of Excellence for consistent sales in the multi-million dollar range. Carol has consistently ranked among the top 1% in sales of all Realtors in her board area, which includes Montclair, Nutley, Verona, Glen Ridge, Bloomfield, Essex Fells, Cedar Grove, Livingston, West Orange, South Orange, Maplewood, and the Caldwell’s. Carol’s professional credo is “The customer comes first!” “I believe that knowledge, experience, and enthusiasm are the most important qualities a Realtor can have. I look forward to sharing my expertise with each of you,” says Carol.

www.carolsellsmontclairnj.com is brought to you by Carol Tangorra
NUMBER1EXPERT™ in real estate for Montclair, Nutley and Verona, New Jersey

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