What are the challenges that surface after most home inspections are done on a pending listing? There is rarely a perfect home. Perfection and construction are not two words that can be used in the same sentence. There are too many adversarial factors involved such as changing seasons with the use of dimensional lumber!!!
After that home inspection is complete and a laundry list is submitted with a chunk of change to be credited to the buyer or taken off the previously agreed upon price, what’s the next step? Our next move is to review the list and apply a realistic cost of repair. Some of the items must be repaired whether this buyer purchases the home or another buyer because of safety issues. Those items will be remedied at the sellers’ expense by a licensed professional. We always recommend that our sellers take care of electrical issues, for safety purposes.
The best part of having a home inspection with the buyers’ dime is that now we can go through the property and repair all minor items. If there is a major repair, we disclose it from this day forth. “When one train leaves, there’s always another one right behind it” and that’s the message to the buyers’ agent who uses the home inspection as a renegotiating tool to grind the seller for a better price. We never fall victim to that ploy!!