If you are selling your home, the buyer will most likely ask for a home inspection. It is important that you as the seller understand what the impact could be once the inspection has been completed.
This article from realtor.com does a great job of outlining why you should understand the inspection contract before signing. The article also does a great job explaining the different types of fixes that will be identified in a home inspection and how to navigate through the report with the potential buyer. Enjoy the article and please give me a call with questions you may have or if you have other real estate needs.
Tim Houterloot - Broker/Realtor
317-997-0165 cell
indyhomepro@outlook.com
Source: realtor.com | Repost Houterloot 10/27/2021 -
If you’re selling your home, you might wonder if there are common repairs needed after a home inspection. Most buyers, after all, won’t commit to purchasing a place until there’s been a thorough inspection by a home inspector—and rest assured, if there are problems, this professional will find them!
So if your home inspection turns up flaws that your home buyer wants fixed, what then? To be sure, repair requests after an inspection are a hassle, and liable to cut into your profits. So for starters, make sure to read your inspection contract carefully to make sure you don’t get locked into mending something you don’t want to fix.
“As a seller, you should never sign an inspection contract until you fully understand its obligations, particularly where it concerns your responsibility for fixing things,” says Michele Lerner, author of “Homebuying: Tough Times, First Time, Any Time: Smart Ways to Make a Sound Investment.”
What fixes are mandatory after a home inspection?
And rest assured, there’s no need for you to fix everything a home inspector thinks could stand for improvement; a home inspection report is not a to-do list. Basically, inspection repairs fall into three categories: ones that are pretty much required, according to the inspector; ones that typically aren’t required; and ones that are up for debate. Here’s how to know which is which.
Read the full article...
