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A home inspection is intended to uncover any hidden defect that relate to health and safety.

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THE INSPECTION PROCESS

Success Strategies To Selling

A home inspection is something a buyer requests and the cost of the inspection is paid by the buyer. In most cases the buyer has 10 business days from the acceptance of the contract to schedule and complete it. The buyer then has have days after that to make a written request for repairs.

No house is perfect. If the inspector finds problems, it doesn't necessarily mean the buyer won't buy the home. A buyer has the following options if something is found to be wrong with the home:

  1. Buy the property as is
  2. Request that you make repairs
  3. Ask for an allowance be given at closing to cover the cost of the repairs
  4. Rescind the offer and void the contract if the repairs exceed significant thresholds

Some buyers look at the home inspection as an opportunity for a second round of negotiations, and want everything fixed to bring a house into "as new" condition. This train of thought is not realistic. Generally any post-inspection negotiation focuses on items of a substantive nature or are health or safety related that may not have been disclosed or evident when an offer was made.


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Greg Younger - Broker
GYounger1@Yahoo.com
Royal Palm Realty Group / 5985 N Kingwood Terrace / Beverly Hills, FL 34465
Direct/Voice Mail: 352.220.9188 Fax: 352.364.4085

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