When the Home Inspector finds something Wrong!

*** The author of this blog, Ben Officer, is a licensed REALTOR® in the province of Alberta. The opinions expressed within this blog are those of the author and are simply that, opinions. The views expressed in this blog are not intended to advise you, as your needs may differ depending on your particular situation. The information provided in this blog is not guaranteed to be accurate and is subject to change at any time. For legal advice/information, please consult a lawyer. For mortgage advice/information, please contact a licensed Mortgage Associate. For tax advice/information, please consult an accountant. For investment advice/information, please contact a financial advisor. *** Blog Disclaimer - The information contained within this blog and posted by the author is believed to be true but cannot be guaranteed to be so. The author of this blog takes absolutely no responsibility for the comments posted by third parties on this blog.

RSS Feed

Tuesday, January 6, 2009

When the Home Inspector finds something Wrong!

by Ben Officer on Tue, Jan, 6, 2009 02:04 PM

Back to Blog

When the Home Inspector finds something WRONG!

You shop for a home. You find one you like. You make an offer — conditional on a satisfactory home inspection.

Okay so far.

Then the inspector discovers a problem with the home that may require an expensive repair or renovation. Perhaps the frame in the front door is cracked; or there’s a leak in the roof; or the furnace is due to be replaced.

What do you do?

You don’t want to pass up an opportunity to purchase what could be your dream home. On the other hand, you don’t want to have to deal with potentially costly repairs.

First, Keep in mind you did the right thing!

It’s always a good idea to get a home inspected by a professional before the offer is finalized. A qualified home inspector will go over the property with a fine tooth comb, top to bottom, inside and out, inspecting the structure, electrical systems, HVAC systems and more.

It’s their job to find any deficiencies in the home and alert you to them.

If a deficiency is found, your next best step is to discuss the issue with your REALTOR®, and go over your options. Those options may include amending the offer price to cover some or all of the costs of the repair, or requiring the seller to get the repair done before you move in.

Don’t worry. This is a normal part of the negotiation process. Chances are, an agreement can be reached that is satisfactory to both parties — and gets you the house you want!

And, because you had a home inspection done, you’ll know the true condition of your home when you buy it. That’s peace of mind.

Comments

No comments

Edmonton, St Albert, & Area RE/MAX Real Estate Professional

Ben Officer, CD REALTOR®

When the Home Inspector finds something Wrong!

Comments

Post Your Comment: