Buyers are getting pickier about the condition of the houses they’ll consider, understandable given the number of possibilities available for them to choose from.
But their concerns go much further than overgrown hedges or chipped paint on the front porch. Buyers are again asking about lead in the paint and water, asbestos, radon, indoor air quality, and mold – questions many appeared to put aside when competition for houses was the stuff of bidding wars.
Avoiding things that might cause chronic illness doesn’t always seem to be the prime motivation.
“I really don’t think that buyers are more concerned about environmental or inspection issues, per se, than they were three years ago,” said Myrna Malkin, an agent in Weichert Realtors’ Fort Washington office. “But I do believe that because the market conditions are currently more favorable toward buyers, they are more likely to include these contingencies in their contract and to use the results of these inspections as tools for negotiating.”
Yet Bari Shor, an agent with Prudential Fox & Roach in Center City, said the buyers she deals with are more concerned with health issues than with leverage…
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