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Typically the seller is responsible for making the repairs. However, depending on the situation, if it's a short sale, the buyers may pay for the repairs because they are usually getting a deal on the home.The seller is not required to do the repairs and can lose on a buyer. Buyers get their earnest money back too.If they are lender required repairs, the contract is very clear that ALL the repairs are to be performed BEFORE closing so you can't negotiate with the buyer where they can do the work after they move into the house.Naima
If the seller doesn't have the funds to make any repairs and there are no other options and deal will fall apart if the repairs aren't made and I'm making 10 or 15k on the deal as the listing agent, I throw the money in and make the deal happen. Most agents are to greedy to do that, but a lot aren't. Of course if the repairs are more then half my commission it wouldn't be worth it to me to put up my money initially. I look at it this way, if the deal falls through, the same issues will come up with the next buyer's inspection. I would rather make some money then no money and move on to the next transaction.
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