Pre-Purchasing and Building Construction Inspections

 

Pre-Purchase Inspections:

A home inspection is supposed to provide the buyer with a piece of mine, but can often has the opposite effect. Due to the timing of receiving a report, you will be required to make a purchase decision within a short period of time based on the findings.
The written report itself must be deciphered based on the included documentation, photographs and checklists gleened from the inspection.  Combine this with the seller's disclosure and who couldn't use an advocate on your side to assist with analysis.

 

While most sellers are honest and are often surprised themselves to learn of the defects discovered during an inspection, the Sellers are under no obligation to repair everything mentioned in the report. No home is perfect, and the buyer should keep things in perspective.

 

So what should you as the buyer focus on within the report?

Most inspections will look at maintenance recommendations regarding life expectancies of the major components of the home such as utilities and structure in general.  They will also address minor imperfections. However the issues that really matter will fall into one or more of four categories:

 

  • Major defects (i.e.) structural failure

  • Contributors to major defects (i.e.) a small roof flashing leak.

  • Safety hazards (i.e.) exposed wiring, or an improper railing system

  • Items that may hinder your ability to finance or legally occupy and insure the home

 

Any of these categories should be addressed as often a serious problem can be corrected inexpensively to protect both your property and your safety.

 

 

Pre-Sale Inspections:

It is important to know that as the Seller of a home, you have rights and options to help protect and guide you through the sale process.  Some of which are:

  • The seller can choose a certified InterNACHI inspector rather than be at the mercy of the buyer’s choice of inspector

  • The seller can schedule the inspections at the seller’s convenience

  • The seller can be present during the inspection assist if needed

  • The seller can have the inspector correct any misstatements in the inspection report before it is generated and released.

 

Importance of the Inspection Report:

  • The report can help the seller substantiate a higher asking price if problems don’t exist or have been corrected.

  • The report can help the seller realistically price the home if problems exist.

  • A sellers inspection date revealed problems ahead of time which:                                                                       

    • gives the seller time to make repairs and shop for competitive contractors.

    • the seller can attach repair estimates or paid invoices to the inspection report.

    • removes and overinflated buyer secured estimates from the negotiation table.

  • The report may alert the seller to any immediate safety issues found, before agents and visitors tour your home such as radon gas or active termite infestation

  • The report provides an unbiased third party opinion to offer to potential buyers.

  • A seller’s inspection report permits a clean home inspection report to be used as a marketing tool.

  • A sellers inspection is the ultimate gesture in forthrightness on part of the seller.

  • A prospective buyers unfounded suspicion might be relieved from the seller’s inspection report and therefore not walk away.

  • A seller’s inspection report may lighten negotiations and the 11th hour renegotiations.

  • A seller’s inspection report might encourage the buyer to waive the inspection contingency.

  • A sellers report provides full disclosure and may protect from future legal claims.