Before you close on a new home, you will likely want a home inspection. While the home you’re considering will be staged to look as attractive as possible, the inspection will expose its overall condition — including what to expect when it comes to repairs and in most real estate transactions, the buyer’s offer is contingent upon a home inspection.
So how does a buyer find a reputable home inspector? Most of our customers at Mirowski Inspections come from referrals from friends, family members and real estate agents. Often your real estate agent will give a potential buyer a list of three to five inspectors and lets the buyer decide to avoid any conflict of interest.
The cost of a home inspection will vary depending on the inspector and property size. Mirowski Inspections quotes based on the size, age, and location of the home as well as the services ordered. A home inspection is an overall visual and operational examination of the home and property. The inspection will include observation of the structural components such as the roof, foundation, windows and walls, appliance functions and plumbing, heating and electrical systems.
Many first-time buyers are nervous when irregularities are pointed out, but they should keep in mind that all homes have flaws, It’s the big-ticket items that should be negotiated — and if an issue is enough of a nuisance, the deal should be nullified. It typically is the buyer’s agent’s duty to negotiate when an item of concern pops up in an inspection.
There are several issues that can be negotiated after an inspection. If the home has several defects, a buyer may negotiate a price to fix them. The buyer can request that safety concerns (such as malfunctioning circuit breakers or broken pavement) be addressed before a closing. A seller may insist that an item is not broken so sometimes it’s up to the two parties to come up with a compromise. Buyers should limit their demands for repairs of safety and structural issues.
While buyers almost always obtain an inspection before closing, it is becoming more popular for sellers to have their homes inspected before putting them on the market. Having a home inspection report to offer to potential buyers helps with the marketing, and it shows that the seller is being upfront about any issues the home. The buyer may still want to get his or her own independent inspection, but the seller’s inspection report is helpful to the buyer and seller to review the condition of the home. Reference: MCHAO@DemocratandChronicle.com[/vc_column_text][/vc_column][/vc_row]