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Just the Facts, Ma'am....

By
Real Estate Broker/Owner with RED Properties NC #129285

A thought-provoking article just came across the wire on WRAL which I am sure will raise temperatures of buyers, seller, and Realtors.....

Basically, the article is relating to a proposal that would limit what Home Inspectors are allowed to put on their reports. I have a few inspectors that read this blog and I would welcome their perspective!

Currently, from what I have experienced and from what I understand, a home inspector can inlude on his report for a home his "opinion". An example would be: The 10 year old air conditioning system in a home. If the inspector inspects the system and it is "performing to the standards for which it was intended" they will put that on the report. They will also note the age of the system. However, they may also include in that report, in their opinion, that the system may need to be replaced due to age.

I have issue with that. I feel that the report should be based on fact and fact only. If the fact is stated that they system works and the fact is stated that the unit is 10 years old then it is up to the buyer/seller to then determine whether they feel the unit needs to be replaced.

I know that my home, personally, is a great example. I have a 5 year old system. Should an inspector have inspected it 4 months ago it would have been noted that "it was performing to standards for which it was intended" and that "the system is 5 years old". They, more than likely, would not have noted that the system would need to be replaced. Well, guess what? Who would have thought that my system now doesn't work! Had I bought this home 4 months ago would I have been able to go back to that inspector and blame him for not forseeing the future? No! And that is the way it should be. I just feel that reports should be based on facts and not assumptions or opinions. It either is or it isn't. It either works or it doesn't. It is either damaged or it isn't.

Board Delays Decision on Facts-Only Home Inspection Reports

What do you think?

Posted by
 RED Properties RaleighRed
RED Properties RaleighRed

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Comments(3)

Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties

Leesa...On the other end of the spectrum, last year I finally replaced my ac/heat pump system, it was 18 years old! When I bought my house 8 years ago, if the inspector said it was at the end of it's life, I could have replaced it too soon when it lasted me 8 years more. Also if I had replaced it 8 years ago, going by the replace every 10 years theory, I would be replacing it again in 2 years!

 I'm interested to hear the home inspectors opinions too.

 

Nov 09, 2007 06:58 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate
Pam - believe it not, I understood that math!  :)  That is exactly where I am coming from though - none of us have crystal balls to allow us to foretell any given life expectancy of a system in a home.  I, too, want to hear from inspectors!!!
Nov 09, 2007 07:09 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Leesa, your story probably illustrates why it is good for a buyer of a pre-owned home to connect up with a Home Warranty company. An air conditioner going out four months after purchase is not a fun scenario.
Nov 10, 2007 04:05 PM