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Buying or Selling a Home/conditions of sale
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Question
We are in the process of selling our house privately. We accepted an offer with the conditions of Propety Information Disclosure, financing and Home Inspection. The house was built in 1974 and is in good condition. We did a complete reno job in the interior. The home inspector said there were no major issues, no evidence of water damage, etc. Just some normal manintenance stuff with a house of this age. What can be considered a reason to not go through for the buyers? The couple buying the house are nice but the father is looking for anything to pick it apart. Can they nitpick at things that are simply the result of the age of the house? The house needs new shingles but they were aware of that. There is no roof damage. Can they say we have to fix some of these minor issues (eg-extend a drain pipe away from the house, change the screws that hold the deck on to lag bolts, change the outside plug in-it works but the inspector said they might want to change it, frost free outside taps, etc.) It's not a new house so can they expect everything to be like a new house and can they be deal breakers?
Thanks
Every house must be sold based on honest disclosure and a common agreement. If you agree or do not agree to fix any items, it is up to you and the agreement you have made with the buyer. Consult a real estate attorney for your rights in this issue. No one can force you to do anything that you have not agreed to and if you are following the laws in your state.
John McKenna, CMI
Certified Master Inspection
American Home Inspection
http://texas-inspection.com
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John McKenna, CMI
Expertise
I can answer your question about home inspections and the hidden aspects of of the industry. I own American Home Inspection for east Texas and am a Certified Master Inspector. Sometimes there are questions about buying and selling a home that a qualified and honest home inspector can answer. Many people are led to believe incomplete information about repair items and make costly mistakes when they respond. If you do not know enough information or know what to ask, you can buy a nightmare instead of a home. Is your home inspector working for you or the Realtor? Is the owner of the home telling the truth? How do you make sure the contractor who makes repairs will do it right? Is the Realtor moving too fast and causing a person to make hasty choices? What are some of the things the Realtor does not want you to know? What you discover after you are the owner of the home and then decide to sell? What type of box can the home inspector put you in when the new buyer is now inspecting your home? What can you do if the home inspector was negligent? How do you prepare for a home inspection? What should you do with the home inspection report at the negotiating table? What are the signs of sheeple being led to the slaughter? Why do some realtors hate the "deal killer" home inspector? What type of action can you take now to protect yourself from law suite after someone buys your home? When is something a minor or major problem? What are the most common problems found in a home inspection? What can you do to prepare for a home inspection? What questions can you ask the home inspector so you choose the right one? The list goes on and on... "The truth will make you free"
Experience
Over 25 years experience in construction and board certified as a Certified Master Inspector. Licensed by the Texas Real Estate Commission as a Professional Home Inspector (TREC #4565) and Certified by the National Association of Certified Home Inspectors (NACHI).
Education/Credentials
Certified Master Inspector (CMI)
National Association of Certified Home Inspectors (NACHI)
Licensed by the Texas Real Estate Commission (TREC #4565)
See more info: http://texas-inspection.com
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