For your clients buying a home could be the largest single investment they will make. To minimize any surprises or difficulties, you should recommend a home inspection.
A home inspection will help your clients to learn as much as they can about their dream house before purchasing it. Inspections can identify the need for major repairs, pinpoint builder oversights, or address maintenance problems within the home. For you as an agent, it will provide valuable information to use during negotiations.
What can you expect? A home inspection is an examination of a home by a certified inspector who will examine both interior and exterior elements including the physical structure and systems of a house, from the roof to the foundation.
Specifically this includes:
- The heating system.
- The central air conditioning system (temperature permitting).
- Interior plumbing and electrical system.
- The roof, attic and visible insulation.
- Walls, ceilings, floors, windows and doors.
A good home inspector will take time to answer questions during the inspection and once the report is received. Many agents attend the inspection with their clients. Many companies (including ours) supply a report after the inspection that is filled with pictures and narratives highlighting what areas of the home are considered acceptable, marginal, or defective.
For further information about what is and what is not included in a home inspection, check out https://www.nachi.org/sop.htm
The bottom line…home inspections are a win-win for all parties involved!
Although it would be nice for the seller to fix every home inspection issue, there are only so many repairs most sellers are willing to do.
What should you ask a seller to repair or replace? A sound rule is to focus on the larger items that require permits. Once the repair or replacement is done, request the seller to supply building permits or receipts. This approach should make the buyer feel better by proving that the work has been inspected by an authority; it also puts the cost of the re-inspection in the seller’s lap. If a repair is so minor that it doesn’t require a building permit, then why ask for it? Chances are if a seller is going to make these types of repairs, they probably will be done with the least amount of work or money possible. Some major home inspection items worth asking a seller to fix include:
- Infestation of termites or wildlife
- Major drainage or ongoing water problems
- Mold problems
- Radon levels above EPA suggested levels
- Major electrical defects that cause safety issues
- Significant plumbing problems
- Lead paint
To help you better navigate this part of a home sale transaction, Donofrio & Associates offers a new tool―Repair Request Builder. It’s an easy way to create a report for clients to create an addendum for the sellers―and the best part is that it’s FREE as a part of your home inspection. This reporting system will cut down on the amount of time spent putting together addendums following the inspection. The tool’s highlights include:
- Email/texting capabilities
- A menu of specific defects
- Dollar amount credit request options
- Requests for repairs or replacements
To learn more about Repair Request Builder, visit our website!