|
Find FL real estate agents and Atlantis real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2013 ActiveRain Corp. All Rights Reserved
3 Comments on To Inspect, or Not to Inspect - Prior to Listing the Home For Sale
Winston - I am not sure it is really a good idea. First, I would expect the Buyer to do their own inspection. I think the limit in our contract to 1.5% of the price for repairs is enough protection for the Seller, rather than order an inspection, which can be useless.
Hi Winston, great post. But I think a pre-inspection also brings some liabilty to us. What do you disclose?
Thanks for reposting my blog Winston! It is a controversial subject. I wrote this for 2 reasons. I asked my sellers about 2 years ago to perform a home inspection because they had been in the home for quite some time, raising a family. They paid for the inspection, repairing every item on the list. We included the inspection and repairs in a binder on the counter of this $500,000 home. The buyers loved that we were so transparent as they had lost out on another home because there werre too many repairs on the inspection list. They felt comfortable with the way we represented it and we all moved forward. They still did a home inspection and found 2 items, fairly minor, which we repaired. It couldn't have gone smoother.
Now the 2nd reason is that I am hoping to get a listing of a builders own home that he has built 2 additions to, and added green features. He doesn't want to do a home inspection prior to listing the home for sale, which makes me nervous. Why? Because he admitted the gray water system from the master bathtub runs directly out to the lot, which is raw desert. This will be called out in a home inspection.
Disclosure is a huge issue and should be dealt with. It's unlawful to not disclose anything about a home, no matter how trivial. So, let's just say I'll encourage a home inspection and encourage every repair to be made and I'll display everything in this $700,000 home. If not, then why bother?!