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How Much More For A Tub That Holds Water?

By
Services for Real Estate Pros with Warren Home Inspections

Do you read the Boston Globe? Did you see Sunday's Globe Magazine? Lisa Provost wrote an article called "The Price Chopper". This piece talks about buyers using a home inspection as a negotiating tool, and  how the sales people feel when this occurs. I disagree with much of what this article says. Here's why:

The article mentions  "imperfections" that could be fixed but don't have to be fixed - a leaky faucet, a sticking door, a slanted porch. Well,  if I'm buying a home I want the plumbing to work correctly - all of it. If a tub was installed with a stopper it should still be there and it ought to work properly. If the home has doors with hinges and  lock sets, they should work correctly. A slightly slanting porch? Was it built that way? If not, it's failing and needs repair.

As I tell my clients, a small repair is not usually a big deal. A 3 page list of small repairs can be a very big deal. 25 repairs that will cost $200 each to fix adds up fast. Do the math.  More importantly, a list of repairs like this is indicative of one thing; neglect. Now we all have to remember that there is a difference between normal aging and neglect. Everything ages over the years. That doesn't mean that they fall apart and fail.

I realize that this will not win me any favors from the real estate community but I firmly believe that an inspector has an obligation to educate his client. They deserve to know the entire story of the property they are considering purchasing.

And here's something to think about.... why don't listing agents have these homes inspected before they go on the market? Wouldn't that save a lot of trouble at the last minute?  You agents know that we will be there "picking the home apart". Why sabotage your deal? Get it looked at early on in the sale process. Fix the deficiencies or at least disclose them. Everyone's life would be easier.

 

 

Comments(7)

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Richard Strahm
American Foursquare Realty - Lansdale, PA
Lansdale and North Penn Real Estate

Even when I have the seller do a pre-sale home inspection -- they buyers always look at it with disdain.  They don't trust it!  And, when you think about it, don't you really want the home inspector working for you as the buyer?

Mar 15, 2010 12:44 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

It is up to the seller to have an inpsection done and repairs made - or expect the price to be lower. Also, depends on seller motivation.

Mar 15, 2010 12:49 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

It is up to the seller to have an inpsection done and repairs made - or expect the price to be lower. Also, depends on seller motivation.

Mar 15, 2010 12:50 AM
Hank Richter
HomePro Inspections of RI - Providence, RI

Great post! It just makes sense! We get called "deal killers" for doing what we have been hired to do - Educate!

 

Mar 15, 2010 01:28 AM
Rory Warren
Warren Home Inspections - Hopkinton, MA

Richard,

As a buyer I would always want my own inspector, but as a seller I would try to insure that the sale would go smoothly. That might include a prelisting inspection.

Mar 15, 2010 09:16 AM
Rory Warren
Warren Home Inspections - Hopkinton, MA

Hank, Tim and Sam,

Thanks for the kind words.

Mar 15, 2010 09:18 AM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Rory I think the point of the article is that not every home is perfect and it doesn't mean the buyer should expect the seller to deliver it that way. There are some buyers who plan to use the home inspection as a 2nd round of negotiations. It is silly to expect a seller to fix something that has been pointed out to a buyer prior to them making an offer. Make your offer accordingly....don't ask the seller to fix the broken door handle when you clearly know about it. Same as the stain in the middle of the living room carpet that you staired at for ten minutes before you made your offer!

Mar 15, 2010 11:59 PM