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1. Buyers should take a half-day from work. Make sure to be at your inspection. Other than your mortgage, it is the most important part of the home buying process. Listen, take notes, ask questions, and understand the weaknesses of your new home.
2. Agents should not attend. Stay home. You are doing no-one any good here. Most likely, you are a distraction, or getting in the way. If you're not a qualified inspector, stay home and away from the inspector. They don't attend your listing appointments, and quite honestly, you have no place at the inspection. Most buyers do not need you there to hold their hand.
3. Agents are a bigger help after the inspection.The agent should help with estimates. If there are problems with the home, then the agent should go back perhaps with the buyer, or listing agent, and visibly inspect the issues, perhaps even with a contractor. But the agent does not need to be there for 3 hrs for the entire inspection.
4. Relax. Everyone. Remember, most sellers are anxious about this process, too. as one seller recently exclaimed to me, "It was like I was going in for a rectal". Almost everything can be fixed, repaired, or replace. The homes isn't new , or perfect, so expect there to be flaws. Don't be emotional--reduce it to a cost, and ask the seller for a credit if appropriate.
5. If the window is cracked during your first visit to the home, don't ask for a new window with your home inspection. Why? Your offer probably reflected it's condition. Negotiate fairly, and both you and seller can achieve a win-win.
mike,
Great Post, Thanks for the information. That's a lot to absorb. I'll keep it all top of mind. Keep up the great blogs.