A home inspection report never comes clean even if you buy a freshly constructed or renovated house. In the inspection report, the professional property inspector will detect both minor and material defects. Material defects are defined as any defects that will have a negative impact on the value of the property or the safety of the occupants.
As a buyer, you need to understand the report and plan further steps for negotiation with the seller. After the information arrives, you need to plan how to utilize the report to your advantage. —With the help of an experienced property agent, you can plan your negotiation pointers effectively.
In the further post we will be demonstrating some measures you can take after you receive your home inspection report.
Problems discovered after a home inspection:
A home inspection report evaluates the property and highlights the deficiencies. Home inspections are mainly carried out before the sales agreements are signed but many times it will be conducted after the contract signing between the buyer and seller, provided that a condition is stated that the sale will be valid based on a satisfactory inspection report.
It's a suggestion for every new buyer to attend a home inspection and note the points yourself so that you understand the property issues better and address them to the seller more confidently.
List of the most common problems found after home inspection :
1. Send Report to Realtor
After receiving your inspection report, the first and most important thing is to share it with your agent or realtor. If you are a new buyer with zero experience in buying properties, you should prefer having a realtor to guide you through the process. If you are not familiar with buying houses, you might end up making a massive mistake and invest your hard-earned money in a lemon house. With the help of a property agent, you can understand the home inspection report and decide on the negotiation strategies with the seller.
2. Take inspector consultation
If you have no experience buying and selling a home, you must talk to your inspector. Some contractors and subcontractors have the people and expertise to work on the home inspection report estimates. You can take the help of home inspectors to guide you about important issues that are needed to be fixed on time.
After marking the significant issues mentioned by the property snagging professional, send the report to your agent. The next step is penning down the list of things to address that you can send to your seller. Having a realtor with good experience will ensure that all the primary concerns are highlighted to the seller.
3. Negotiate with Seller
Now that you have the list of things you need to highlight to your seller. The next part of the post-home inspection process is negotiation. Negotiations require experienced agents to speak on your behalf. Also, they help both buyer and seller agree. Home inspection highlights major and minor problems. While negotiating with the seller, let the minor issues slide away and reach an agreement on the important ones that matters most
Tips for seller negotiations:
Write something about yourself. No need to be fancy, just an overview.