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It's The Holiday Season--Are Sellers In The Mood For Giving?

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Real Estate Agent with Coldwell Banker, Franklin,MA/508-369-5131 9017020

I had a home inspection on one of my listings last week and overall the house was deemed to be "in very good condition, well-maintained--despite its 20 years".  The home inspector did note that the furnace hang tag indicated a leak somewhere with a date beside the notation.  Now, I am not a rocket scientist but I can jump to the conclusion that a date with a leak noted would likely mean that it was repaired on that date but was not noted accurately on the hang tag.  The furnace at the home had been regularly maintained and parts had been updated/replaced over time.

When the buyers heard of this noted leak, they immediately panicked despite the sellers' plan to get an HVAC person out to expertly evaluate the heating system.  We unfortunately had a time lag due to Thanksgiving and could only get a service person out 5 days later.  I learned from the buyer agent the buyers informed her that despite the HVAC findings, they would be asking the sellers for a new furnace!new furnace

I just returned from having the HVAC guy out to the house and he indicated a few minor valve replacements would be in order but otherwise the system looked very good without any need for concern.  When the buyer agent asked "What about what the inspector said?"  The HVAC person responded that home inspectors often "do not know what they are talking about and are not expert in these areas."  He actually said it in more blunt terms but I do not need to restate that here.

The lesson here is for buyers to take the home inspection as a guide but know that a true expert in the area is needed for proper evaluation.  Many home sales fall apart over minor issues that could be corrected if everyone remains calm.  Second opinions are often in order as well to be sure that a service person is not just hoping to sell their product (i.e. new wiring, new furnace, etc)

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Kathy Stankard of Coldwell Banker Residential Brokerage can be reached by cell at 508-369-5131 or via email

Kathy has been a top producing REALTOR since 1996 helping buyers and sellers in the Franklin, MA and metrowest of Boston area.  Feel free to check out her website for more resources and information.

 

 

Franklin MA Real Estate News

Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

It is always good to have a professional look at a particular item. Home inspectors are a good guide but many are not experts in heating, cooling ect.

Nov 30, 2009 08:10 AM
Kathy Stankard
Coldwell Banker, Franklin,MA/508-369-5131 - Franklin, MA
Years of Experience, Years of Results

Thanks Bill.  How true.  It is unfortunate that some buyers take the inspector word as absolute...

Nov 30, 2009 08:30 AM
Not a real person
San Diego, CA

It's so discouraging to read what your HVAC guy said. He is part of the problem between home inspectors and other professions. He doesn't seem to understand that home inspectors are generalists, just like your family doctor. If you had a chest pain, you would not schedule heart surgery. You would go to your family doctor first, he would do some tests and look for clues, and then make a recommendation. Home inspectors do the same thing.

Think about it like this: Your HVAC guy only needs to know HVAC, but he has to know everything about HVAC; he is an expert in only one area. Your home inspector has to know HVAC, structural engineering, fireplaces and chimneys, plumbing, electricity, landscaping, roofing, door and window installation, garage door installation, concrete, brick, stucco, wood, etc., etc., etc. There is no way any home inspector could be an expert in every one of those areas, which is why we don't try, and why we are generalists.

So don't be too hard on your generalist home inspector. It sounds like he did his job properly, especially in Massachusetts, although I have never seen a Massachusetts home inspector, or any other home inspector for that matter, say: that the house was "in very good condition, well-maintained--despite its 20 years." Despite its 20 years? That's extremely young for real estate, especially in Massachusetts where some buildings are a couple of centuries old, if not older.

Nov 30, 2009 02:35 PM
Kathy Stankard
Coldwell Banker, Franklin,MA/508-369-5131 - Franklin, MA
Years of Experience, Years of Results

Russel--Thanks for that.  Yes, Realtors understand this generalist capability of the inspector but somehow many buyers do not.

Dec 01, 2009 08:01 AM