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A home improvement, as the name implies, means improving something. It is usually a renovation to create more space, change the layout of the house, improve energy efficiency, or to make aesthetic changes. Home repair basically replacing things that are worn out or fixing things that are broken.
This was our problem with the buyer's request. Tearing off all the siding and replacing it all along with a full-house repaint was really more a renovation than a repair, especially since there weren't any problems with most of the siding.
We are currently having the repair work done on the siding. Nails that have been pulled from the areas where there was supposedly moisture issues should have been rusted - not one has been so far.
For us, our mistake was to allow the buyer to have a contractor come in addition to the home inspector. The buyer wanted to do extensive renovations and it was clear that if the quotes the contractor gave the buyer was higher than expected, that the buyer would walk away during the due diligence period. (In our case, the contractor wanted to schedule to have subcontractors come, but we said no.) So going forward, NO contractors.
For us, our mistake was to allow the buyer to have a contractor come in addition to the home inspector. The buyer wanted to do extensive renovations and it was clear that if the quotes the contractor gave the buyer was higher than expected, that the buyer would walk away during the due diligence period. (In our case, the contractor wanted to schedule to have subcontractors come, but we said no.) So going forward, NO contractors.
How can you actually vet this? It wouldn't be hard for an inspector to give the inspection to the buyer, who would pass it along to a contractor, who could write up a quote.
If you would not allow the contractor to come in when the inspector found a problem, there would have been a cancellation anyway. Many purchases will have a contractor give a buyer a bid on getting work and changes they want made, to see if they would be reasonably enough in price, that the buyer could go ahead and close on the property, or the buyer would just cancel the contract.
No contractor no sale. That is the nature of selling real estate.
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