Appraiser issue

[jadeite788]

I need some help.  Well the appraisel is done and there needs to be repairs done to the house .

1)cracks in slab

2)hole/chips in wood siding

3)gapes between brick and siding

My question is does the buyer have to make repairs, or the seller.

[tooleman694]

I think it depends on what you negotiate.

When we sold, we got a list of stuff to fix and on a couple of them I told the buyers no.

[DallasLoanGuy]

tooleman is right.... it is a negotiation

this is how it usually works.

you need to talk to your realtor.... that is a lot of work. seller likely to say no and hope for a conventional buyer.

[Asailorshort]

What type of loan is this? I know for a VA loan the seller has to make/pay for the required repairs. I believe fha also has rules on who can pay for what as far as repsirs go.

[jadeite788]

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@Asailorshort wrote:
What type of loan is this? I know for a VA loan the seller has to make/pay for the required repairs. I believe fha also has rules on who can pay for what as far as repsirs go.

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@Anonymous an FHA loan, but it was given a C4 for minor repairs needed.  All I can say is I have a bad @(* realtor.  She is the real deal.  Because I just got an email today basicallly stating the seller is going to address the repairs.  If you ever need a good realtor in the Houston area, hit me up.  I would recommend this lady to anyone.