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  • About The Alex Nova Real Estate Team - Information about The Alex Nova Real Estate Team of Chesapeake, Virginia Beach and Norfolk, Virginia?

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Real Estate Tips
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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Real Estate Trivia
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What is a VA home loan?

A 
The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans.
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The Alex Nova Real Estate Team, REALTOR®, real estate agents and broker for Chesapeake, Virginia Beach and Norfolk, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

The Alex Nova Real Estate Team
RE/MAX Allegiance

575 Lynnhaven Pkwy
Virginia Beach, VA. 23452
Phone: 757-217-1912
Fax: 757-819-1200
Email: alexnova@NUMBER1EXPERT.com

Let us put our knowledge, experience, and dedication to work for you. Our primary goal is to provide the highest level of service to our clients and make the home buying or selling process more enjoyable. Give us a call today, and we will immediately get to work for you.

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