Your home inspection may reveal a lot about a property – perhaps an aging roof, outdated electrical wiring or leaky plumbing. Does the seller have to fix these issues? A home inspection report is a valuable tool, but it isn’t a mandatory repair list.
A home inspection is simply an assessment of a home’s condition. A licensed expert will use their training to examine and evaluate the entire home, before writing his or her findings in a report.
Report can be used during sale negotiations
With the report in hand, you can negotiate with the seller to either fix issues or ask for a price reduction, but there’s no requirement for the seller to do either.
However, a potential buyer can walk away from the deal if an inspection uncovers major issues or more maintenance repair list items than a buyer is willing to undertake.
It’s important for the buyer to review the home inspection report and weigh the importance of each item listed. While a buyer may dream of the “perfect home,” in reality, there’s no such thing and a home inspection will disclose areas of concern.
In the majority of cases, if a potential buyer makes reasonable requests for items to be corrected, sellers will agree.
Schedule a home inspection with Detailed Inspection Service
The COVID-19 pandemic means millions of people are working from home, and for many companies that switch has become permanent. As a result, people are thinking more about where they live and the type of house they live in.
For most condos, the HOA will take care of maintenance and upkeep issues outside the unit’s walls. However within the unit itself, the responsibility falls to the condo owner, making condo inspections a vital part of the unit-buying process.