Home Inspections; You’ve heard it 1000 times; don’t ever buy a home without getting a home inspection, this includes new construction homes.
During home inspections, a licensed inspector will examine all areas of the house that are accessible by normal means … this will include appliances, roofs, walls, ceilings, doors, windows, tile, fireplace, the electrical system, and the plumbing. After the inspector does his work, your next step is to evaluate the findings and get estimates to fix the problems. You should also determine what items, if any, you want the seller to repair as a condition of sale. You may provide the seller with a written copy of the inspection report; the seller may be more willing to listen to your requests if there’s an official document backing them up.
You may ask the seller to fix, repair or replace anything you wish, but it is recommended to concentrate on big-ticket items or safety concerns—it is wise not nitpick. Your goal is to take care of big problems and safety issues that you needed a licensed inspector to point out. You don’t need a professional’s opinion to tell you that the driveway or sidewalk has cracks or that the kitchen sink is stained.
You may opt to ask for a price reduction instead of repairs or a credit at closing and funding; if you do, make sure the credit is sufficient to cover repairs, etc. This could be to your advantage because it puts finding a contractor and negotiating the price of the repairs in your hands. Plus, you’ll be able to verify the quality of the work—sometimes, in the interest of getting things done quickly; a seller may not hire the most qualified or professional contractor.
In regards to home inspections, there is no perfect house—licensed inspectors will go through the property and report any faults or deficiencies that “may” exist. Once you’re aware of the problem areas, consult me and discuss your options. Please keep in mind, home inspectors are “general inspectors” and may not be licensed or certified to inspection items, such as foundations, swimming pools, presence of mold and/or wood destroying insects; inspections for these items may require a separate inspector.
Lastly, you have the option of having as many home inspections (HVAC, Foundation, Roof, Plumbing, etc.) on the home as you wish, this is your due diligence time, it is wise to have the inspections done during the option period so that you may exercise your unrestricted right to terminate if you and the seller cannot come to an acceptable agreement.
Providing Solutions Because…Your Move Matters!
Michael L. Brownstead
First Sergeant, U.S. Army (Retired)
ABR, GRI, MRP, SRS, REALTOR
Keller Williams Realty
1002 Raintree Cir., Ste. 100, Allen, TX 75013