Albuquerque Home Inspection & Resolution Process for Sellers
Selling a home in New Mexico? Understanding the inspection and resolution process is key to a smooth closing. From disclosures to buyer requests, here’s how sellers can navigate inspections without losing control of their deal.
If you’re selling a home in Albuquerque, it’s a matter of time before you encounter the inspection and resolution process. It’s one of the most important steps between accepting an offer and closing. Here’s what you need to know as a seller in New Mexico:
Seller’s Disclosure in New Mexico
Before listing, you’ll complete a Seller’s Property Disclosure. This form shares known issues with your home, such as roof leaks, plumbing repairs, or past damage. Being upfront builds trust and helps avoid disputes later.
Buyer’s Home Inspection
Once under contract, the buyer usually schedules inspections. Inspections can be general or specific - such as electrical, sewer, or termite inspections. Even if you’ve disclosed issues, an inspection may uncover new concerns.
Resolution Period
After inspection, the buyer can submit a Notice of Objections. They may ask for:
Repairs
A price reduction
Closing cost credits (seller concessions)
As a seller, you can agree, negotiate, or decline certain requests. The goal is to find common ground so the sale moves forward.
Seller Tip
Want fewer surprises? A pre-listing inspection can identify issues early and help you decide what to fix before going on the market. However, there’s a catch! Known issues discovered need to be disclosed if they’re not addressed.
Bottom line: The inspection and resolution process is a normal part of selling your home in New Mexico. With the right strategy, you can handle it smoothly and keep your transaction on track.