Home Inspection and Repairs
Home Inspection and Repairs
Most buyers overlook the fact that negotiations do not end when the agreement on the price reached and the purchase contract signed by all parties. There are a variety of contingencies and procedures that occur after purchase contract ad before closing. There are many factors that often lead to falling apart of many signed and executed contracts. Among these factors, the most notables are appraisal and home inspection issues. We will discuss the process of appraisal in another section but for now, the following are the main aspects of any home inspection:
- Structural Inspection
- Roof Inspection
- Mechanical Equipment Inspection
- Plumbing Inspection
- Electrical Inspection
- Termite Inspection
- Mold & Other Environmental Threats
And for properties that are located in the urban area:
- Wells & Drinking Water Quality Inspection
- Septic Systems Inspection
Although your inspection might not call for all of them, and a few could be mixed or performed by different home inspectors, but generally the first 6 reports are common in any home inspection in Florida. It is noteworthy to irritate the point that most inspection report will contain many small details that it should not affect the buyers’ decision but for larger issues enter another round of negotiation. It is our duty to obtain the appropriate inspections, schedule them, and make certain that they will be carried out by the due date. Failing to finish inspections, or relay the buyers’ objection to their outcomes, by contract dates can lead to the termination of the contract by the sellers or inability to seek for remedies to the problems that have surfaced after the inspection. I make certain that this neither scenario would materialize.
Upon completion of an inspection, there might be some issues discovered that you simply were not planning on and don’t wish to deal with. This can become the second negotiation within the contract process. I go over inspection outcomes with my buyers and put together paperwork that are necessary to request seller’s actions and modifications. Sellers most often have the tendency to feel obligated for taking any remedial measures. At this stage the offer and contract process turn into a crucial negotiation tactic all over again, particularly if the issues are substantial.
We are present in any given moment of any negotiation and ready to assist the buyers in necessary talks that might hinder the success of the purchase. When it comes for the reasons that makes a contract fall apart, the selling price, appraisal and the inspection are classified as the main factors. Occasionally creative negotiation has to be employed to maintain the purchase process on track especially after the seller is not cooperating with the request for repair or any other remedial demands. As skilled negotiators we tackle and resolve many similar issues this every single day and sometimes we can resolve the issues by simply getting a quote for the repairs from one of contractors with great track record. This usually allow for seller to realize the amount of money required for fixing the problem is very little compare to the value of the whole deal and they have a change of heart.
The main element to maintaining an offer proceeding with inspection issues is that we stay engaged at all time and all the way. We will make certain that every single resource is utilized to maintain your property purchase on course and obtain every single feasible concession from the sellers.