Houston Texas area real estate

November 21, 2007 by fashun · Leave a Comment
Filed under: Houston Real Estate, Houston Realtors 

If the Houston Texas area real estate you are buying needs repairs, then what should you do? Follow these guidelines.

  • Maybe you intend to make the repairs on your Houston Texas area real estate by yourself. If this is the case, then make sure you have estimates for all of them before you close the deal. If you don’t, it might cost far more to repair your Houston Texas area real estate than intended.
  • Maybe the seller intends to make the repairs on your Houston Texas area real estate. If this is the case, they have to be finished by the time you close the deal, or you have to be able to extend the closing date to allow them to finish. Once you own the Houston Texas area real estate, you can’t legally do much to get them to finish.
  • Don’t pay until it’s repaired.
  • Try not to get a home repair loan for your Houston Texas area real estate. It’s often the case that the broker and the contractor are in cahoots, so the contractor will charge as much as you get the loan for.

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