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Old 09-28-2010, 06:40 PM
 
153 posts, read 675,478 times
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I've seen this listed on multiple houses listings a lot. What exactly does it mean to a buyer? Does this also mean that they are not negotiable on the price?
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Old 09-28-2010, 07:05 PM
 
458 posts, read 1,670,927 times
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Originally Posted by t_woww View Post
I've seen this listed on multiple houses listings a lot. What exactly does it mean to a buyer? Does this also mean that they are not negotiable on the price?
Nah. You can usually still negotiate on the price. It generally means they won't fix anything. So if you find anything you don't like on the inspection, you usually have to fix it yourself.
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Old 09-29-2010, 08:49 AM
 
Location: Martinsville, NJ
6,175 posts, read 12,939,084 times
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Quote:
Originally Posted by t_woww View Post
I've seen this listed on multiple houses listings a lot. What exactly does it mean to a buyer? Does this also mean that they are not negotiable on the price?
Like anything else, it's negotiable. It's telling you that the seller doesn't want to address any issues, and that you should make any offer based on that fact. When you see the hole in the roof, and the sellers disclosure points out the failed septic system, you have to decide if you want to buy it anyway, and make an offer that reflects the fact you have to deal with those issues. When you get your inspection report back, you shouldn't expect to be able to demand that these items be repaired at sellers expense. On the other hand, if you learn about something that was undisclosed before you made your offer, you shouldn't be afraid to address it and ask the seller to deal with it or to return some funds to you so you can deal with it, if appropriate.
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