Category: Home Inspections

Negotiating home inspection repairs with the seller

Electrical panel with burn marks

Electrical panel with burn marks

Carefully read through the home inspection report from Priority Home Inspections and determine the biggest issues. You can ask for repairs to be made by the seller or for the price to be reduced. Another option, is to have the seller buy you a home warranty for all the major systems in the home. They usually cost $450-$600 per year. Consider it a Band-Aid if something is broken, and insurance if nothing is wrong. If there are extensive problems, it may be better just to walk away from the house all together.

Larger repair issues, and especially any repair that affects the safety or structure of the house, should be the first priority when it comes to negotiations. Smaller repairs or cosmetic issues are less of a concern.

Active roof leak that needs to be repaired

Active roof leak that needs to be repaired

The seller will have the final say. Some sellers may become annoyed by buyers who make long lists of demands for repairs or requests or large price drops, and may refuse the sale, while others may be very anxious to sell their house and will be willing to do whatever it takes to complete the sale. You never know what state of mind the seller is in, so ask for everything and see what the seller has to say. You may get everything you want and so does the seller.

Who usually pays for a home inspection?

signed contract

signed contract

A traditional home inspection ranges from $300-$600, and is determined by the size of the home. The buyer usually pays for the home inspection, and it should be considered as part of the total closing costs, unless a special arrangement has been made between both parties before the purchase agreement has been signed. In addition to a home inspection, the buyer should also consider a Wind Mitigation Report. The wind mitigation report is used to give you home owners insurance discounts on your home owners policy. For more information regarding wind mitigation inspections, please refer to: https://www.priorityinspector.com/services/wind-mitigation-inspection Wind mitigation reports are an additional $100.