What are a buyer’s options after receiving a home inspection report?

After having your offer on a home accepted, a common next step is to have a home inspection. Rare is the home that will yield an inspection report that doesn’t call for attention to at least some non-trivial matters.

A buyer has two primary ways to respond to an inspection report. One is to submit an addendum to the sales agreement specifying that the seller will remedy items identified on the inspection report, employing qualified tradespeople and providing proof of completed work. Another option is to have the buyer receive a credit for closing costs and prepaid expenses, to cover the cost of the buyer having the issues addressed.

With Option A, the buyer has the peace of mind that an expert will have fixed a component of the house identified as requiring attention — furnace, water heater, etc. — and completed necessary repairs before he moves in.

It’s important to do a final walk-through before closing to make sure that issues buyer and seller have agreed will be fixed by the seller truly have been addressed. Naturally, you will want to obtain and keep proof that such work was completed. If something goes wrong during the period covered by the tradesperson’s warranty, having documentation will make it easier to get the problem resolved.

Option B might be preferred by some sellers. There is a school of thought that sellers should not examine any part of a buyer’s inspection report. Instead, this line of thinking goes, a seller should provide a credit for the costs of repairs and have the buyer take care of getting issues identified in the inspection addressed.

More responsibility falls to the buyer under Option B. Rather than having the seller arrange and pay for repairs, this buyer has to obtain estimates for the necessary work to receive a sufficient credit to cover repairs he will have done. Keep in mind that an estimate of the costs for a repair can be superseded once the work is done.

There are other options, of course, in working toward a compromise — such as using a combination of Option A and Option B to address whatever the home inspection report shows as needing attention.

Working with an experienced Realtor can help make the post-offer, pre-closing process go smoother for you. If you’re a buyer, I can help you decode a home inspection report while keeping the deal on track.

If you’re thinking of selling your home, I can help you negotiate a fair agreement arising from a home report. Whatever your status, I can assist you in your real estate transaction. Please contact me at (541) 383-1426, or visit Bend Property Search to connect with me through my website.

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A Bend Oregon Home Buyers Guide To Home Inspections

 

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Home Buyers

By Jason Boone

One of the most important parts of buying a home is scheduling a home inspection.

In today’s post I will break down how to find the right Bend Oregon Home inspector and what to expect from the inspection process.

Where To Find A Home Inspector

The first step to the home inspection process is choosing the right home inspector.

You should search for a home inspector online and specifically choose someone who has verifiable experience and references listed on their website.

What The Home Inspector Will Expect From You

Upon your first call to the home inspector you will be expected to provide that individual with information about the home you want to purchase including: age of home, foundation type, square footage, price and directions to the home.

When To Schedule The Home Inspection

Before scheduling your home inspection you should review your schedule and plan on having your home inspection on a day and time you will be available to attend.

Your home inspection may last up to 3 hours so you should be prepared to spend a portion of your day at the home just so you can be there during the entire home inspection.

It’s also important to know that if the home has extra out buildings or equipment on the property, like HVAC units, your home inspector may need to schedule a second appointment just to thoroughly examine that equipment.

For more information on what to expect during the home inspection, or to view the latest Bend Oregon home for sale, contact me, Jason Boone, Principal Broker with Duke Warner Realty | Skjersaa Group by calling me at (541) 383-1426 or click here to contact me through my website.

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Selling Your Bend Oregon Home? Don’t Forget About the Home Inspection

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By Jason Boone

One of the most important parts that comes with selling a Bend Oregon home is the home inspection process because, a home will need to be inspected before the sale goes through.

Although home inspections are important many Bend Oregon homeowners don’t know what to expect or how to get started with the home inspection.

Find a Qualified Home Inspector

Before using just any home inspector you must make sure that you hire a qualified home inspector.

Thanks to the Internet, it’s easier than ever before for you to hire a home inspector in minutes simply by doing a Google search.

The home inspector that you hire should also have plenty of feedback online and be a member of the Better Business Bureau.

How You Should Prepare For the Home Inspection

Before your home is inspected, take the time to go through the rooms of your home and evaluate each room to see if there are any minor repairs that you can take care of yourself.

You should also be focusing on thoroughly cleaning up your home including removing the clutter because, when a home inspector goes through your home the overall care and attention that you’ve shown to your home over the years will help to influence their home inspection report.

Leave Before the Home Inspection

Before the home inspector arrives you should leave your home.

This step is important because, it will keep them from becoming distracted with having other people around and enable them to focus on doing their job well.

After The Home Inspection Is Finished

Once the home inspection is completed, you will receive a full report from your home inspector which will detail everything that needs to be repaired or replaced in your home including fixing any minor issues like a leaky kitchen sink, replacing a toilet or re-caulking a shower.

Minor issues you almost always will be able to take care of yourself but major issues like foundation problems may ultimately send you and the buyer back to the negotiating table because, they may want to renegotiate the price for your home because, they will have to spend more money to renovate your home before they move in.

Planning On Buying Or Selling A Home In Bend?

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For more information on the latest bend Oregon homes for sale, or to view homes that have recently been listed in the area, contact me Jason Boone, Principal Broker at Duke Warner Realty | Skjersaa Group by calling me at (541) 383-1426 or by emailing me at jason@sgbend.com.

Buying a Bend Oregon home? Here’s what to expect from a home inspection

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One of the most common questions that home buyers have when they are planning on buying a Bend Oregon home is what exactly do home inspectors do?

Every Bend Oregon home buyer knows that they must hire a home inspector, to inspect the home that they are planning on buying, but, sadly, the home inspection process has been a mystery until now.

Where The Inspection Process Starts

A typical home inspection starts at the foundation of the home, the inspector will look for damage to the foundation and visible cracks, then he or she will inspect the homes basement to look for water damage, penetration or condensation, especially once the winter months have ended and we’ve had a decent amount of snowfall or rain.

After inspecting the foundation, the Bend Oregon home inspector will turn their attention upward and inspect the roof of the home for damaged shingles or areas of the roof that are in desperate need of repair; after the roof has been checked out the inspector will move back indoors and inspect the homes attic space as well.

Once the roof and attic inspections are finished, the Bend Oregon home inspector will inspect the interior walls and baseboards looking for signs of water damage or mold that can easily grow over time.

Inspecting The “Guts” Of The Home

Like the human body, plumbing and electrical are the “guts” of any home and the most important parts for a home inspector to review/inspect. 

A typical home inspector will inspect all electrical panels to make sure that everything is properly grounded, inspect outlets to make sure they function and are up to code then inspect wiring around the home to make sure that all wiring is grounded properly and safe as well.

Besides wiring, a home inspector will want to make sure that a home has fire/carbon monoxide alarms in every room and plumbing that drains, vents well and connects to an outside sewage system.

To learn more about what to expect with a Bend Oregon home inspector, or to view the latest homes for sale in Bend, contact me today by calling (541) 383-1426.

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Jason Boone | Principal Broker, CRIS | Duke Warner Realty | Skjersaa Group
Oregon Real Estate Licensee | 1033 NW Newport Ave Bend, Oregon