URURHOMECHOOSING THE PERFECTPROPERTYThinking about owning your own home is one of the most intense and exciting moments, now that it seems that everyone is finding run-down gems and flipping these
What to expect from your Inspector
Dated: August 7 2019
What should I expect from my Home Inspector? A good question to ask since you just paid money to allow you to find an inspector and make a request to fix items that may be detrimental to your purchase. He is not there to pass or fail your potential new home. I would like to think of him or her as a crime scene detective. They look for clues through instrumentation and observation. When they find something suspicious they will advise you on their report that what you should consult with a certified expert. If it is something small but still needs attention, he will advise you ways to remedy the deficiency. This way every home buyer can proceed with their eyes wide open as to what problems could arise from this particular home. Wouldn’t it be nice if your car purchase came with a report and warnings before you buy? You can take your inspectors' suggestions and ask the sellers to make the repairs or move on with the purchase knowing that your beauty has a few moles on her. All of this takes place during the option period. For example, I had a client discover that the home had foundation issues. Instead of asking the seller to fix the problem before he purchased the home he asked the seller to lower his selling price covering the cost of the fix. What would have happened if he discovered this after the purchase? He would have been out the $8,000 to $10,000 dollars to fix this.
Things can be missed
A good inspector will take 2-3 hours to complete his inspection. He will use an array of instruments from thermal imaging to simple levels. Every good inspector tries extremely hard to do a good job and try to find every deficiency possible. He will email you the report in a day or two and you should go over the report with your realtor. Together he will write up the amendment and submit to the sellers' agent for approval or negotiation. If negotiations break down, now is the time to get out of the contract before the 10 day period so you can get your earnest money back. I know your time is valuable but this is one of those key moments in the process of buying a home.
Fernando started his love for real estate when he was just eighteen years old. He worked for National Blueprint Co. for eight years. While working inside sales, he was able to meet Architects, Enginee....