Inspections & Repairs
Price isn’t the only or the last negotiation point in a real estate purchase. There are a number of contingencies and processes that happen before closing, and one that frequently causes deals to evaporate is the inspection and repair negotiation process.
While your deal may not require them all, and some may be combined and provided by a single inspector, it’s my job to help you to order the proper inspections, schedule them, and make sure that they’re completed on time.
Once an inspection is completed, there can be issues uncovered that you weren’t expecting and want to have addressed by the seller. This is a second negotiation in the contract process. I go over inspection results with my buyers and prepare documents that are required to request seller action and corrections. Sellers do not normally have an obligation to undertake corrective action, so it becomes a critical negotiation, especially if the problems are significant.
Sometimes creativity needs to be applied to keep your home deal moving when the seller balks at your repair or corrective action requests. I also maintain an extensive contractor list that can yield just the right contractor to get a job done at a price the seller will agree to.
The key to keeping a deal going with inspection problems is for me to be involved every step of the way. I’ll make sure that every resource is employed to keep your home purchase on track and gain every possible concession from the sellers.
Inspections in a real estate deal encompass many property aspects:
- Structure
- Roof
- HVAC
- Mechanical equipment
- Plumbing
- Electrical
- Pests & insect infestation
- Environmental hazards
- Chimney & wood stove
- Wells & water quality
- Septic systems
- Lot lines & zoning