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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
Q 
What famous antebellum mansion was known as the "Queen of Tennessee Plantations"?

A 
Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800's. The Civil War Battle of Nashville was fought in its front yard.
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John Morley, REALTOR®, real estate agent and broker for Huntsville, Madison and Hampton Cove, Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

John Morley
Morley Real Estate Group

923 Merchants Walk Suite B
Huntsville, AL 35801
256-382-3737
Fax: 1-800-882-2913
johnm@morleygroup.com

Many agents think their most important job is satisfying the customer. I don’t think that’s true. I believe that sat­isfying the customer is simply the minimum requirement for staying in business. We work constantly to improve our systems, processes and services to go well beyond the stan­dard level of “service” provided by most agents. We want to make you so satisfied with your decision to hire us that you will gladly refer us to your friends and family.

CRS Equal Housing MLS REALTOR


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