What to ask for after a home inspection

What can you negotiate after a home inspection?

After a home inspections, you’ll likely have a few issues uncovered that you’d like to discuss. Sometimes, you can get the seller to address these issues before closing.

Every situation is different and there is no one-size-fits all solution, but in general these are the issues that buyers usually negotiate: * The need for pest control. Sometimes sellers will agree to visit a professional exterminator before closing–or even provide you with vouchers if they have them on hand.

* An inspection of appliances and fixtures sometimes find defects. You may be able to have the seller replace these items before closing.

* A timeline for needed repair or replacement of a major system such as heating, air conditioning, roofing.

Some sellers will agree to fix an issue if you give them enough time–even months after they close on their property and move out! You can speak with your agent to find out what your options are.

* The need for landscaping, exterior painting or other cosmetic improvements that will make the property more appealing may not make the list.

What is the next step after home inspection when buying a house?

No house is perfect. And keeping this in mind, you’ve now gotten a thorough review of your property and now it’s time to make some decisions.

Do sellers have to fix everything on home inspections?

No, the seller does not have to fix everything. You’ll need to discuss what needs fixing with your agent.

What can a buyer ask for after inspection?

You could request repairs, or negotiate the purchase price.

During an investigation of a property’s condition, inspectors will note any and all problems they encounter–from electrical outlets not being properly grounded or affixed, to more serious conditions like mold or asbestos in the basement.

Home inspectors are not required to find problems with a house, but they will document any issues that come up during their inspection. This is what you’ll have on paper when negotiating and making your final decision to purchase this property. You can negotiate for repairs, ask the seller for credits towards the repairs. Should you share home inspection with seller?

No, you should not share the inspection with the seller. You are going to take this information and use it in your negotiations, but if there is a problem that needs immediate attention then you will need to contact the seller on an individual basis so they can make arrangements for repairs before any final contract signing takes place.

Should sellers check inspection reports?

The seller always has the option to get a pre-listing inspection. A pre-listing inspection is when the seller hires an inspector before they put their house on the market to make sure it is in as good of condition as possible. Should buyers check the pre-listing inspection reports?

Yes, you should always use as much information as possible to make your decision. If the seller is willing to share their inspection report with you, by all means, have a good look at it. While they should be fairly similar in their findings, no two inspectors will find or report the exact same things.

And even though the seller is willing to provide you with his inspectors report, you should still do a home inspection yourself and then take that information back to your agent for negotiations with the sellers.

Is a home inspection a warranty?

No. It is important to understand that a home inspection doesn’t guarantee what you’re buying, it just evaluates it based on standards set by your state. It’s not possible in most cases to predict with certainty what problems may arise from routine wear-and-tear.

Do Home Inspectors exaggerate?

As a home inspector is usually certified and licensed, they are required to fairly and objectively evaluate the condition of each item inspected.

Their experience in evaluating the condition of homes also enables them to draw conclusions on what may be needed in the future or what might have caused a given problem. What fixes are mandatory after a home inspection? There are no mandatory fixes following a home inspection, but it is typical for buyers to request repairs and sellers may be willing to provide them

The sellers are not obligated to do anything about what was found during the inspection. That said, if there are items that need attention before closing, it could affect how the deal transpires. Sometimes closings take longer and other times the buyer walks away from the deal. However, most of the time, it’s just a simple negotiation and both parties try to meet in the middle somewhere. What are the most common home inspection problems?

There are many possible issues that can come up during a home inspection. Most of which are not deal breakers and even more common, are simple deferred maintenance issues.

However, occasionally we find more serious concerns. Mold in the basement, bad wiring, foundation problems: these all fall into this category and are relatively common. It’s not uncommon for buyers to request fixes if they feel like it will impact their quality of life going forward or if there is an issue that needs immediate attention. Can buyer walk away after inspection?

It all depends on what type of contract was agreed upon. Talk with your agent if you have concerns.

What percentage of buyers back out after inspection?

Although not usually the deciding factor, there are occasions where the home inspection uncovers issues that significantly change the future outlook of the buyers investment. For example, if the inspection discovers major foundation problems or a mold infestation in the basement.

As is natural with any complex transaction, buyer and seller can negotiate what happens next on individual terms as long as they are both still interested in pursuing this deal.

What happens if home inspection is bad?

Again, this will depend on your goals and what you have agreed to previously. It’s always best to have options, but this may not always be the case and it’s best to consult with your agent. How long should a home inspection report be?

A home inspection report should be thorough and detailed. It’s also important to remember that an inspector has a duty of care, which means they must present their findings in the most accurate manner possible.

The reports themselves will vary from company to company. However, on average, a detailed home inspection report is usually between 40-50 pages long and have lots of photos accompanying them.