What Happens After a Home Inspection?
A home inspection refers to an in-depth examination of a property so a buyer can decide whether it’s in their best interest to make a purchase. A seller might also hire a home inspector so they know if there are any fixes they want to make prior to putting the property on the market. Once the home inspection has been conducted, here’s what should happen next.
Home Inspection Report
During a home inspection, the home inspector will evaluate the condition of all of the critical systems, including plumbing, HVAC, and electrical. They will also inspect the structural integrity of the foundation, walls, and flooring, as well as the condition of the roof and siding. After the inspection has been completed, you will be given the report, which includes all of the issues identified.
Seller’s Responsibility With Repairs
Some repairs must be made by the seller before the mortgage lender will agree to approve a loan. These include any safety or building code violations, as well as structural problems. Other repairs or issues, such as a worn roof or minor cosmetic imperfections, can be negotiated with the seller.
How to Negotiate
As a buyer, you can determine whether you feel that the issues identified affect the value or listing price on the home. For instance, a worn roof costs thousands of dollars to repair; if this issue wasn’t considered during the initial pricing, you can present this to the seller and ask them to reduce the price on the home. You can also suggest that certain repairs be made before signing the contract.
When it’s time to schedule a home inspection, turn to the team at New Home Inspectors. Based in Huntington Station, NY, and serving Long Island, this locally owned and operated business has been providing thorough and honest real estate inspections for over 30 years. They are known for their extensive knowledge and competitive industry rates. Give them a call today at (631) 368-1800 to schedule an appointment with one of their representatives, or visit their website to learn more about their list of services.
About the Business
