Top Three Tips For Home Inspection

Home inspection is among one of the most important precaution before purchasing a home. We often see that many people skip this necessary step to save some extra bucks, but this may prove wrong in the long term. A home is a place where you relax, rest and spend most of time with your family and friends.

So you need to look out for a dream home that has all these facilities and is in a good healthy condition. You can hire professionally trained home inspection services and home inspectors that can provide you with some good tips. In case you are a new buyer, you must opt for some inspection tips from the professionals. Here are some tips while purchasing a home.

1. First, before purchasing a home, one must consult a trained home inspection service or a home inspector with a good reputation and experience. As home inspection is your last chance to trace out the problems and defects in the house, so be sure that you are well known to all the issues that can create a problem in the future.

2. Secondly, make sure to have your presence at the time of the inspection. This may help you to have a direct conversation with the inspector face to face on the spot. Your personal presence helps a lot in determining the physical check-up of the home.

3. Another tip to consider is to follow the advice of your real estate agent. As a new buyer, you do not know about the home inspection service agencies. So real estate agent can guide you to go for a good agency, which is much more reputed and experienced.

Therefore, these few Tips can prove good to grab the best deal, as inspection can change the way you finalize a deal.

Tips on How Win Home Inspection Deals and Get Positive Results

Several decades ago, home inspection was not a common practice when it came to buying or selling a house. With the growth of real estate, the demand for home inspection services also increased and has become a serious career for some individual. Today, there are several numbers of companies that offer home inspection services just like the WIN Home Inspection. The success of many companies in this industry now depends on the caliber of highly-skilled home inspectors they produce. Many people seek for training from different institute in order to be certified and further pursue in this kind of profession. Getting a license to be an inspector signifies that a home inspector is in for marketability and competitiveness.

Before closing any real estate contract, each of the party needs to conduct their own due diligence. Part of this due diligence work is getting a report about the assessment of the subjected property like a house. The following are helpful tips as to what a buyer should check when looking for a home inspector.

Insurance- It is important to ask if the inspector of the property is insured. It is better to ask for the proof of it. There are states that require insurance but some do not.

License- This is important and serves as a proof that a person is a qualified home inspection individual. Some states require a home inspection licensing in order to conduct the service and some do not. Should the state require one, it is a good practice to get the full license number of the inspector. In this way, the buyer or the seller could easily identify if the inspector is a fully-licensed, an intern or an apprentice.

Experience- In terms of experience, the number of houses inspected is important than the number of years of experience. A home inspector may have 10 years of experience but have actually inspected only 100 houses. A home inspector that is truly experienced has a series of rigid inspection done in many houses. An ideal really is an inspection of 200 or more a year.

Association membership- Home inspectors in some companies like WIN’s commit their time and money to some reputable society like ASHI. American Society of Home Inspectors is a home of high caliber inspector professionals. This simply means that an inspector that is a member holds value on the advocacy of the organization. Therefore, he or she upholds work ethics at all times.

Report Delivery- The output of the task is the written report. It is important to know how long an inspector can provide the report. Some home inspectors deliver a quality assessment within 24 hours or a week through email, regular mail or delivered personally.

It is obvious that getting the right and good home inspector is important. Nevertheless, many individuals do not conduct their own research before hiring. Price and availability are not important. Many times, low-priced, readily available inspectors would mean poor quality. In order to win home inspection deals and get a successful report outcome, a careful research is a good way to start looking for a reliable and credible home inspector. The above items are important because these mean provision of quality of work.

After the Home Inspection – The Negotiation

Every property for sale should undergo inspection. As a buyer, part of your responsibility is to have this done. This is very helpful to make sure you are paying a property for what it is actually worth. However, home inspection also triggers a different kind of activity. It initiates negotiation.

Negotiation is staple process in home buying. As mentioned above, it can be triggered by home inspection. The number one point for negotiation is the price. Homebuyers would normally want to lower it. However, there should always be a reasonable basis for its negotiation. And the result of home inspection shall give you the answers.

One thing you should bear in mind though, negotiating after home inspection have its legal aspects. For you to do this, you must have a contingency clause on your purchase offer. In every purchase agreement, buyers are protected from the “as is” conditions of the seller (this means property will be purchased as it is), through the contingency clause.

One thing a buyer should bear in mind is that not all of the defects uncovered in home inspection will be fixed by the seller. Although as a buyer, you have the right to demand for this, but you also have to consider the seller’s ability to pay for the repairs. If you want the property so much, you and your real estate agent should be able to create a win-win situation for everybody. Besides, you have to remember that the house was previously occupied. Therefore, it will surely have normal wear and tear defects. Not unless if the property is newly constructed, you may have the right to expect everything is brand new. If the seller is a busy person, you can have those defects fixed, provided they will shoulder the expenses.

Some sellers may have already pointed out the minor defects on their disclosures. This way, there will be no surprises. When it has become known to your knowledge, this simply conveys a message that you would have to shoulder the expenses in the event defects are uncovered. So be prepared to accept or walk away. Sellers at this point may consider negotiating anything.

However, if the seller won’t perform any of your request, you can always be more specific in your negotiations. One thing you can do is request for the purchase price to be lowered. For example, a $200,000 worth property will be lowered to $194,000.

If the seller does not accept, be prepared to walk away. Remember, you are purchasing a home. You want to make sure you are investing on a good property. If you think you cannot live with the condition of the house, it is best not to pursue it.

Should you cancel the purchase due to defects, always bear in mind to cancel within the expected time frame. Withdrawing offers within the specified period will allow you to walk away without losing your Earnest Money or worse being sued.

Negotiation is not a game. This is also not a right of the buyer to get what he or she wants. This is a process of creating a compromise for both parties. Therefore, it should be done within the right reasons.