Though not all issues can break a deal, a home inspector will likely find some flaws on the property and your home buyer would most probably ask you to fix which of course you should consider if you want to close the deal. It’s important to note, however, that you don’t have to fix everything.
As a seller should never ever sign a contract until you fully understand what your obligations are specifically when it comes to repairs. So it’s important that you read and understand your contract to ensure you won’t be forced to repair something you don’t want to fix. But how’d you know which repairs you should own and which you may not? Below is a guide to help you get a better understanding of the limitations of your obligations as a seller when it comes to repairs.
Mandatory repairs after a home inspection.
- Structural defects
- Building Code Violations
- Issues that pose a safety hazard
Optional repairs after a home inspection.
Negotiable home inspection repairs.
Both mandatory and optional repairs may actually fall into negotiable home inspection repairs. But this actually may depend on how you handle them as well as on what market you’re in. Sellers in a hot market would probably have more power over repair requests. One concrete example of this is when there are a limited number of homes available for sale. When buyers need to compete for homes, they are more likely to waive their right to request for repairs so as not to delay the process. But one sure way to avoid the hassle of repair requests is to state in your contract that the buyer will agree to purchase your home as it is or that the home inspection will serve as an “information only” inspection. In normal markets, however, it wouldn’t be that simple. And the best thing that you can do is to work with your real estate agent for you to get a better understanding of what items you should own and which you may not.
One important thing to remember is you should be reasonable enough. Selling a home is an arduous process and if you’ve reached the home inspection stage, you’ve probably come a long way already and the best option might be to give in to some repairs rather than starting all over again.
When it comes to home inspections you can’t trust just “any” home inspector as the result of the inspection will surely have an impact on the entire home buying process. So if you’re on the market for a trusted and reliable home inspector, look no further and call Timberline Home Inspections at (205) 545-2050.