Professional Home Inspection - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Professional Home Inspection

Description:

If you are not willing to walk into a money pit and spend thousands of dollars within the first couple of years on roofs, repairing leaks or the foundation- you need to hire a home inspector. Now that you have put your money on the table, it's time to protect your investment. – PowerPoint PPT presentation

Number of Views:2
Date added: 7 January 2020
Slides: 21
Provided by: condohomeinspections

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Professional Home Inspection


1
Professional Home Inspection
2
(No Transcript)
3
If you are not willing to walk into a money pit
and spend thousands of dollars within the first
couple of years on roofs, repairing leaks or the
foundation- you need to hire a home inspector.
Now that you have put your money on the table,
it's time to protect your investment. While
having a home inspection performed is not
mandatory, it has become an integral step of the
home buying process for many good reasons and all
of them very important to your pocket. We will
discuss in detail a few of the main reasons why
indeed you should hire a home inspector to help
you ensure your money is well spent.
4
(No Transcript)
5
(No Transcript)
6
Seller Disclosures
You should not trust the seller to disclose
issues with the property as most claim ignorance
when putting their property on the market. Most
sellers do not disclose known issues such as
previous leaks, repairs of the roof that may not
have been executed correctly and even recurring
plumbing issues among many others.
7
(No Transcript)
8
(No Transcript)
9
Would you risk your investment to a seller whose
primary objective is to sell you their product
(house)? Of course they will be advertising and
hiding the fine print, how else would they get
you to buy it? In the recent years, some of the
more honest sellers have began completing
sellers' inspections in an effort to be upfront
with the buyers and resolve any issues prior to
the negotiation process. Once negotiations begin,
emotions run high and it becomes all the more
difficult to feel like the process is going in
your favor.
10
(No Transcript)
11
(No Transcript)
12
Repairs/ Credit at Closing
Another good reason to get a home inspection is
that you can most likely negotiate with the
seller and have them complete some of the repairs
needed prior to moving in so your move is hassle
free. Usually, this is the preferred option for
most buyers but the least favorable option for
the seller.
13
(No Transcript)
14
(No Transcript)
15
Sellers usually are not willing to go through the
trouble of getting quotes and completing repairs
while they are still living in the property. If
that happens in your case, you can still get
money from the seller in the form of credit at
closing so you can make those repairs yourself.
When selecting your home inspector, you should
ensure they offer Home Binder (a home management
system) that will actually allow you to get real
estimates from contractors on what the cost of
repairs is estimated to be. Most inspectors will
only provide you with the summary page for the
issues to be addressed. Don't let yourself fall
in the money pit.
16
(No Transcript)
17
(No Transcript)
18
Once you have a home inspection completed on the
property, you are able to walk away if your
seller did not disclose major issue or is not
willing to complete repairs or give you enough of
credit at closing that will make the deal
favorable for you. Once you are under contract
there are very few reasons that allow you to back
out from the deal and the home inspection is one
of them. There is a lot to think about in a high
emotions situation and having to worry about your
likely biggest investment yet should not be one
of them. The best home inspections also come with
multiple warranties that can give you a peace of
mind in the event that something happens to your
home between the time of the inspection and move
in day.
19
(No Transcript)
20
For more update , visit us
https//www.condohomeinspections.com
About PowerShow.com