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Repairs are brought upfront in a home inspection, such as to mechanical systems (heating and air conditioning, plumbing and electrical) and to address safety issues (broken locks and loose handrails). The pre-list home inspection can help the seller decide which repairs to address prior to putting the home on the market.
A pre-listing home inpsection is also beneficial to potential buyers. The buyer can exchange the repairs for a discount on the home, should the seller choose not to perform the repairs.
The seller should keep in mind though that the buyer will most likely conduct their own, independent home inspetion in additional to that offered.
This purchase offer will most likely be subject to an inspection by a home inspector of the buyer’s choice at buyer’s expense. The home inspection is for the buyer’s information only and is not a requirement of the lender. It is usually performed as soon as possible after contract acceptance, usually within 7 - 10 business days.
The buyer will be given a full inspection report following the inspection. A pre-purchase home inspection includes inspecting and testing the following items:
Exterior: siding, trim, foundation, roof, flashing, gutters, chimney, and decks
Drainage: grading, site runoff
Attic: structure, insulation, ventilation, FRT sheathing
Interior: doors, windows, outlets, floors
Baths: fixtures, tile, ventilation
Kitchen: appliances, outlets, plumbing
Basement/crawl spaces: wetness, foundation, structure
Heating: furnace, heat pump or other means of central heating and cooling
Plumbing: water heater, pipes, valves, drains, washer and dryer
Electric panel: wires, circuit breakers, corrosion, adequacy of service
If repairs are needed, within two business days of the home inspection the buyer can request the seller to make the repairs prior to settlement. A copy of the inspection report is included with the request. The seller, however, is under no obligation to make such repairs and must also respond within two business days of receiving the report. If seller refuses to correct the property, the buyer has the option to accept the property in its existing condition or terminate the contract. This notification must be made within two business days of the seller’s repair refusal.
Email LindaWiller@remax.net for an appointment to get your home on the market.