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Hey there everyone, today's topic is home inspections, and the importance of getting them done. So, we are now currently under contract with a buyer and seller who have agreed to terms and price. The next step is scheduling a home inspection, as well as a termite inspection.
A general home inspector's job is to look for symptoms to see if a specialist is needed to address a larger problem, whether it's for the roof, plumbing, electrical, or other parts of the home. Once we get bids from all the specialists out there, we submit them to the seller to get them fixed. After this, one of three things will end up happening:
1. The seller will come off the house price
2. We can get cash in lieu of repairs
3. We can get them to fix the problem
Once we submit this to the seller, they have 72 hours to decide if they will do some, all, or none of the repairs. If they agree to do all, we proceed with financing. If they agree to do none or some of the repairs, you then have 72 hours as a buyer to decide whether you want to accept, reject, or counter. This continues until either we can get an agreement, or the contract dies.
If you have any questions for us about home inspections or anything else, give us a call or send us an email. We would love to help you out!
A general home inspector's job is to look for symptoms to see if a specialist is needed to address a larger problem, whether it's for the roof, plumbing, electrical, or other parts of the home. Once we get bids from all the specialists out there, we submit them to the seller to get them fixed. After this, one of three things will end up happening:
1. The seller will come off the house price
2. We can get cash in lieu of repairs
3. We can get them to fix the problem
Once we submit this to the seller, they have 72 hours to decide if they will do some, all, or none of the repairs. If they agree to do all, we proceed with financing. If they agree to do none or some of the repairs, you then have 72 hours as a buyer to decide whether you want to accept, reject, or counter. This continues until either we can get an agreement, or the contract dies.
If you have any questions for us about home inspections or anything else, give us a call or send us an email. We would love to help you out!
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