Handling the Inspection Report Findings

By
Home Inspector with Bay Area Home Inspection, LLC WI 739-106

Structural Cracks

 

As a Home Inspector, I find a wide variety of issues. Most are fixable, most are relatively minor. Not always though.

 

I have, on occasion, found major structural issues that had never been disclosed. I call them out for what they are. 

How do you resolve the issue brought up in the Home Inspection report?

 

 

with the buyer?

 

 

With the seller or listing agent?

 

 

with the mortgage underwriter?

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Topic:
Real Estate Best Practices
Tags:
home inspection
structural
deficiencies
negotiating
sales price

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

We on my team remember we are not the principal they make the decision.

Feb 15, 2015 04:26 AM #1
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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

When we get a Home Inspection Report, we either write a list of repairs requested accompanied with a copy of the inspection report or void the contract.

It's up to the home buyer.

Feb 15, 2015 04:42 AM #2
Rainmaker
89,050
Walt Fish
Bay Area Home Inspection, LLC - Marquette, MI
Upper Michigan's Most Experienced Home Inspector

Right Tim, but if your a buyer agent, you have to hold their hand sometimes and have to know how to explain to them what repairs they can reasonably expect the seller to fix and what ones are just typical things.  In my expereince, there are times when a buyer has unrealistic expectations. 

Lenn,  If it's repairs requested by the buyer, some may be significant defects or safety concerns as defined in the purchse agreement, but others may not be. If the buyer, rightly, asks the seller to install additional insuation, and they refuse, would you void the contract?

Feb 15, 2015 05:32 AM #3
Rainmaker
3,241,315
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Walt - Completing needed repair in a home inspection report is one the most important task in selling a home.

Feb 15, 2015 09:28 AM #4
Rainmaker
89,050
Walt Fish
Bay Area Home Inspection, LLC - Marquette, MI
Upper Michigan's Most Experienced Home Inspector

John, I guess what I am fishing for is thoughts from various Realtors on how they make that decision. The purchase agreements in the state of Michigan generally have language in them pertaining to the home inspection contingency. Some, though not all, spell out the sellers right to cure a major deficiency, or an issue found that would prevent a reasonable person from occupying the home. But, it doesn't say anything about other deficiencies or repair items.

I find that some of the buyer's realtors I work with, don't know how to naviage the process of dealing with the home inspection findings. The idea that the seller must fix anything found or the buyer walks, would be a breach of contract (I believe...but I'm not a lawyer). I'd like to see more realtors sit down with the buyers and explain; well, Bob, the home is 90 years old. Yes, it has some deferred maintenance, and we can certainly press the seller to fix that leak on the front porch. However, demanding they fix that old dishwasher with the broken wand may be something they won't agree to. Wha'ts that Bob? your way or the highway? I think as you're realtor, I should help explain what expectations are reasonable....  

Feb 15, 2015 10:02 PM #5
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Rainmaker
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Walt Fish

Upper Michigan's Most Experienced Home Inspector
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