Selling your parent’s home and likely the home you grew up in, can be a very emotional time. Whatever the circumstances, it is a life changing event for everyone involved. Many decisions will need to be made regarding the family home and emotions can run high during the process.
- Once a contract to purchase has been submitted to the seller, it will likely include a time period for the buyer to have the house inspected. This is an important step in the process where your broker is a valuable asset. The items that can appear in an inspection report are a wide range of potentially costly repairs. The items listed in an inspect report are negotiable and that is where the family members and their real estate agent decide what is important to address and the repairs the sellers are unwilling or unable to do.