There are multiple processes involved in selling your house, from choosing the best real estate agent to getting ready for showings and overcoming challenges. Dealing with the buyer’s inaccurate home inspection report is a regular challenge that many house sellers encounter.
What follows a failed inspection of a house, then? Remember that you have options if a home inspection report contains a lot of negative information. Sellers should never become anxious as a result of a bad report.
Learn how to act accordingly after receiving a bad home inspection report in the sections below.
Most Typical Failures in Home Inspections
You may already be aware of some of the problems with your house as a seller. It’s possible that the prospective buyer is already aware that the roof has to be replaced, and this can be discussed during the sale.
It can be difficult if a house inspection turns up problems you weren’t aware of. Will these problems result in the failure to sell your house? It varies. During a house inspection, certain issues may come up that are small and readily resolved.
For instance, if the home inspection results reveal that the backyard fence needs repair, the seller can typically agree to do this type of work before the house is sold.
However, more significant concerns like a broken HVAC system, a leaky roof with attic mold, or poor grading with drainage difficulties can require negotiating a credit, which will have an impact on how much the seller ultimately obtains for the sale of the house.
How to Respond to a Negative Home Inspection Report
When a home inspection report reveals problems, the seller’s first task is to remain calm. Speak with your real estate expert because they are on your side. Ask them questions and pay attention to their advice.
They have experience with these problems and can provide a rational answer to a home inspection report that will assist move the sale of your house along.
To get a precise estimate of the cost of each repair, request quotes from professional and certified contractors. If termites are a problem, this may require repeated meetings with plumbers, roofing experts, HVAC repair professionals, mold remediation specialists, or pest control.
With termite damage, it’s probable that a contractor will also need to be called in to assess whether the bugs have created any structural problems and how much the necessary repairs will cost.
Recourse for Homeowners with Poor Home Inspection Reports
What choices do homeowners have if a home inspection report is inadequate? Either the house can be sold as-is, or the repairs can be made.
So how can a seller choose the best solution for them? Homeowners are requesting that buyers make the necessary renovations to a home while selling it as-is or even in poor condition.
Sellers could anticipate receiving a lower selling price for their home, maybe to the point where doing the required repairs would be more feasible.
This can be a good alternative for homeowners who have to move fast or who don’t have the money to perform pricey house repairs while relocating to a new property.
Future Disclosure of Inspection Items
Sellers should be aware that, in the majority of circumstances, they are compelled to disclose flaws discovered in that inspection to any possible buyers of the home in the future if they have a copy of the buyer’s home inspection report and the sale of the house doesn’t close.
Homeowners should always address this specific matter with their real estate agent and take the agent’s advice into account.
Remember that it’s not the end of the world if you do receive a poor home inspection report. You may rely on your real estate agent for advice and assistance. Together, you’ll decide on the course of action that will best suit your needs and enable you to accomplish the sale of your house.
If you need a first-rate home inspection in Tulsa, don’t hesitate to go with AEI Inspections!
Our team has the extensive knowledge and background needed to identify structural issues and perform testing and troubleshooting of all residential home components and systems. Contact us today to set up an appointment!