Once our inspections are complete
we need to evaluate whether or not we have any repairs that may
need to be negotiated. We will also wait for a Valuation & Conditions or
VC sheet from the FHA Appraiser if necessary. The items listed
on a VC sheet must be completed prior to close. These are also
items that may need to be negotiated between the buyer and seller.
Remember, these repairs need to be addressed within 10 days of
an accepted purchase agreement. If there are no repairs or major
concerns, your real estate agent will need to do an addendum releasing
the inspection contingency.
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