It is very common for a buyer and seller to negotiate a seller credit in lieu of repairs after a buyer does a home inspection. Most sellers do not want to bother with doing a small amount of repairs, and some may not have the money until after they go to settlement, so they negotiate a credit and offer to pay some money at settlement for these repairs. The problem comes when the Realtors word this incorrectly in the contract and end up causing last minute problems.
It’s just starting to get cold in DC and surrounding areas. The winters in DC area are usually pretty cold, but there could be a chance for a mild winter this year. Despite it possibly being warmer than usual, it can still get cold enough to turn on the heater. Thankfully there are several ways to cut down on heating costs and save money during the holiday season. Read the rest of this entry »