The Inspection Process
You may not have thought much into it, but pricing is not the only point of negotiation when conducting a property sale.
One of such negotiations is arranging inspection and repair on the home before closing, allowing both parties to come to an agreement on how any relevant matters will be dealt with. Examples of home elements that fall under the inspection include (but are not limited to): • Electrics • Mechanical Equipment • Mold or Health Hazards • Plumbing • Roofing • Septic Tanks • Structure • Water Quality It is our job to ensure that any issues with these are dealt with so you, as the buyer, know exactly what you’re getting into when you pay for your new home. As a seller these inspections protect you if something were to go wrong with the property after the sale, only to have the buyer claim it was an existing issue. Sometimes after an inspection, you’ll find issues that you weren’t expecting. This gives you the chance to discuss your options – such as whether you’d require the repair to take place before closing or even a price reduction on the house. Again, this all comes down to negotiation. The seller is usually not obligated to take action to correct any issues that have arisen, so discussion is necessary to reach a point all parties are happy with. We are fully involved with this process, helping to arrange repairs, adjust selling prices and handling inspections. Sometimes it may be our responsibility to reassure and convince the buyer to stand their ground and hold out for repairs rather than balking at the idea of waiting on work. To make things simpler, we are also in touch with a variety of reliable contractors to help you get the work done faster at a price everyone can agree on.