Clients often ask me what to do with the inspection report after the inspection. Here's seven short succint answers to that question for both buyers and sellers of homes in Lexington Kentucky provided by James Bushart, a Missouri Home Inspector.
Erby
Via
Jim Bushart (Home Inspection Services of Missouri):
In random order, I present to you seven different ways in which a home inspection report can be used by parties to a real estate transaction for advantage and benefit.
1. Buyers can consider the reported conditions of the home's systems to determine their ability to afford to maintain the property. A home with a 12 year old water heater, an 18 year old furnace and a 25 year old composite shingled roof is going to need some costly investments in the near future.
2. Buyers can sometimes use information regarding undisclosed defects to negotiate the seller's action to repair the defect(s) or adjust the asking price for the home.
3. Sellers can obtain a home inspection and use the report to disclose known defects to potential buyers.
4. Sellers can obtain a home inspection and use the report to identify and correct significant defects that could interfere with a buyer's desire to submit a contract to buy the property.
5. Buyers can use the inspection report as a "punch list" or "to do list" for maintaining the property after purchase.
6. Buyers/Sellers can use the report to communicate to contractors the nature of the defect(s) to obtain estimates for repair or to arrange for repairs or replacements.
7. Buyers can sometimes use the inspection report as a means to withdraw from the contracted agreement to purchase the home when certain types of undisclosed defects are reported.
Buyers and sellers should consider obtaining inspection reports only from professional full-time home inspectors. Inspection reports generated by builders or contractors are often used by them as marketing tools and a means to generate business for maintenance and repairs and do not always represent the actual conditions of the property.
James H. Bushart, CMI
www.missourihomeinspection.com
314-803-2167
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Erby Crofutt
KY Lic# HI-2041
B4 U Close Home Inspections & Radon Testing
Georgetown, KY
www.b4uclose.com
502-570-4054
859-797-3873
877-513-8235
B4 U Close Home Inspections serves Central, Northern & Eastern Kentucky real estate buyers & sellers
with Kentucky Licensed Home Inspections & Certified Kentucky Radon Testing
Appointments available 7 days a week - 7 AM to 9 PM.
Phones answered during same period.
Call NOW for your B4 U Close Home Inspection appointment!!
Why should you hire Erby to inspect your home? See what past clients have to say!!
Here's what one B4 U Close client says: (Clicki the line above to see others)
Thank You for the outstanding job you did on the inspection. We bought and sold 9 houses and this was the only inspection that was ever done properly. It was helpful and we will use it to do the repairs with a system, instead of the guess work we usually do. Thanks again
Mike & Barbara, Stamping Ground, KY (20050603
See a B 4 U Close Home Inspection sample report by clicking the report picture below
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This is a very comprehensive list on how to use our inspection reports - good for the buyers and sellers! Thanks for sharing!