How To Send A Repair Request After A Home Inspeciton

The home buying process is long and complicated. And while certain aspects are fun – like touring homes and finding precisely what yous want – other elements are pure drudgery. The due diligence and repair procedure that follows an accepted offer would fall into this latter category. But the better you lot understand how to handle this phase of the process, the less frustrating it should be.

Agreement the Process

It's helpful to showtime with an overview of the procedure so that you know what to expect. Even if this isn't your kickoff purchase, information technology's nice to have a refresher. And then here's a basic gist of how information technology goes:

• Offering. You detect a house you like and you put in an offer that you deem to be adequate. Y'all practice so without a full understanding of the status of the home, other than what'south visible and apparent to your untrained eye. You lot draft the offer alphabetic character with a repair contingency that gives you the power to hire an inspector to get together more data.
• Acceptance. The seller receives your offer and agrees to the terms. This means the business firm is officially under contract. You then have a sure amount of time to order an inspection. (Usually somewhere between 7 and 10 days.)
• Inspection period. During the inspection catamenia, you're able to have inspectors, contractors, pest control professionals, and other licensed individuals over to the property to clarify dissimilar aspects of the home and provide suggestions on how to keep.
• Repair requests. Once you lot gather a list of all the possible issues and defects, you develop what's called a repair addendum that y'all send to the sellers. You lot can include annihilation yous desire on this list, but the contract will stipulate what the seller must repair and what'southward optional. Typically annihilation related to roof leaks, HVAC, plumbing, electrical, foundation, and appliances are required to exist fixed by the seller if the offering is to proceed. Anything cosmetic or non-essential doesn't accept to be fixed. (However, sellers will frequently ready certain items if they fearfulness the buyer would back out.)
• Agreement or divide. In one case you nowadays your repair requests, the seller will either say yes to everything, no to everything, or yeah to some things. If they say yeah to everything, it'south merely a matter of deciding how the repairs volition be covered. (Will the seller fix them right away, or offer a credit to you at closing?) If they say yes to simply some of the items, you tin either choose to continue or walk away.
• Keep to close. One time all the repairs are addressed and/or concessions are offered, you're prepare to proceed to endmost.

In this article, we're going to discuss what happens one time you've had your inspection performed by a licensed abode inspector and he's presented yous with a list of items that he recommends exist addressed if yous're going to purchase the habitation. Read on to learn more.

What to Ask for in a Repair Addendum

Deciding what to ask for in your repair addendum is always a big issue to work through. A lot of it depends on the land of the market, whether buyers or sellers have the most leverage, what the contract price is compared to the value of the abode, etc. But regardless of these factors, you lot'll almost always want to make requests for the post-obit:

• Major leaks. Whether information technology'south a roof leak or a pipe leak, water intrusion is never a skillful affair. You lot'll want to have this stock-still before it creates even more than impairment and issues to the home.
• Mold or mildew. The presence of mold and mildew – which is straight connected to high moisture content – is a both a structural problem and a health issue. You need to find the cause of the mold or mildew and bargain with it correct away.
• High radon levels. Did you lot know that radon gas is the 2d leading crusade of lung cancer (and the number one cause in non-smokers). If you run a radon test and the levels come back to a higher place the recommended threshold, you should have a mitigation organisation installed.
• Termite harm. Is there active termite damage to the home? Don't let this slide. Identify the areas affected and get treated and bonded. Depending on the extent of the damage, some work may need to be done.
• Major mechanical issues. Any serious mechanical problems to major systems – similar water heater, HVAC, appliances, plumbing, or electrical – need to be addressed.
• Foundation issues. If at that place are whatever foundation problems discovered during the inspection, you'll want them to exist taken care of. In fact, they'll likely accept to exist addressed before the lender releases funds.

Other Tips and Suggestions

The inspection/repair menses is where well-nigh bad deals autumn apart. There's money, emotions, pressure, time-constraints – tons of different factors that tin can compromise a bargain. In lodge to increase your chances of having your contract keep to closing, keep the post-obit tips in mind:

• You aren't buying a new home. If you're buying a home that was built in 1995, you need to realize that you lot're purchasing something that was synthetic 25 years ago! If y'all're expecting it to be brand new, yous're going to be sorely disappointed.
• Stick to the big things. In light of this previous notation, don't ask for small fixes. If you come across equally being niggling and cheap, you may comprise your negotiating power on larger repairs. If it'due south something you can inexpensively gear up with a couple of items from Home Depot, don't carp requesting a repair.
• It's all about how you lot ask. Sometimes it's all nigh how you deliver your requests. If you're kind and agreement, y'all'll likely experience some reciprocation.
• Know your rights. Talk with your agent nigh your rights and empathise your options. When tin can you walk away/not walk away? In which case exercise you lose your escrow money? Bargain with these bug on the front end then that you can make an educated conclusion.

Buy and Sell With Dark-green Residential

At Light-green Residential, it's our mission to represent our buyers and sellers in a manner that makes them feel supported, cared for, and protected. If you're looking for an experienced agent who volition have your back throughout the habitation buying or selling procedure, please don't hesitate to contact us today!

Source: https://www.greenresidential.com/how-to-handle-repair-requests-after-a-home-inspection/

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