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Repair Payments

Will the seller pay for any repairs?

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Written by WILMOTH Group
Updated over 2 years ago

Please understand that a property being sold "AS-IS" means the seller will not be making repairs. If the corporate owner has rehabilitated the home, their scope of work has already been determined and can not be changed. As a rule, ONLY issues which are LENDER REQUIRED will be addressed. Asset Managers are very familiar with what constitutes a lender required repair and will not approve "cosmetic," "dated", or "wear and tear" related issues.

With HUD homes no repairs will be made. These homes are already either approved for FHA financing or they are not.

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