Real Estate Affiliates in Holmdel, Colts Neck, Marlboro and Manalapan, New Jersey Provided by Florence and Steven Cataneo

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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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Q	What is the world's longest frontier?
A	At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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Florence and Steven Cataneo, REALTOR®, real estate agent and broker for Holmdel, Colts Neck, Marlboro and Manalapan, New Jersey home listings, property and land for sale - NUMBER1EXPERT™

Steve and Florence Cataneo
Century 21 Cataneo & Associates
33 West Main Street
Holmdel, NJ 07733
Office: 732-444-6555
Steve's Cell: 732-492-7108
Florence's Cell: 917-907-3641
Fax: 732-792-2580
General: florencecataneo@NUMBER1EXPERT.com
Florence: Flo@cataneoandassociates.com
Steve: cataneohomes@aol.com
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