Sunday, January 30, 2011

Home Inspectons ! Why

Property Inspection is not necessarily the Sellers Mandatory Repair List

Unfortunately, too many home purchases go down the drain when the buyer misconstrues the purpose of a professional home inspection report.
The purpose of an inspection is to determine the condition of a property at the time of purchase. The inspectors’ role is not to identify a complete repair list for the home, nor is it for the buyer to know what he/she buys it.
 Unless the transaction has a contingency that specifically says so, it is not the seller’s obligation to repair any problems discovered by the home inspector.
Typically, buyers request that various conditions be repaired before closing and the sellers will usually comply with some of these requests. With most defects, sellers make repairs as a matter of choice not by obligations; to foster goodwill to facilitate closing of the sale.
 Sellers can maintain legal right to refuse repair demands, except where requirements are set forth by state law, local ordinance, or the real estate purchase contract.
 Before the buyer makes any demands of the seller, he/she should try to evaluate the inspection report with a focus towards problems of greatest significance.
The parties to a transaction should look for conditions that compromise health and safety or involve active leakage. Most sellers will address problems affecting sensitive areas such as the roof, fireplace, gas-burning fixtures, or electrical wiring.

The Home Inspection Process Video



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