EPISODE · Jan 30, 2023 · 12 MIN
11 Home Inspection Traps You Should Know Weeks Before Putting Your Home Up for Sale
from Barb Schlinker | Your Real Estate Voice · host Barb Schlinker
Segment 2 – 11 Home Inspection Traps You Should Know Weeks Before Putting Your Home Up for SaleBarb, many home sellers fear the inspection. Many people think most buyers want to purchase their home as it is. What are some of the High-Cost Home Inspection Traps home sellers need to know BEFORE putting their home up for sale?Fear is Very Real:1. Most Common Contract Failure: Inspections!2. Sellers Fear Inspectors will find surprise issues3. Sellers worry about Building Code issues4. Sellers worry that Buyers will ask for unreasonable improvements5. Fear is Very Real• Buyers want to buy – but in most cases NOT as is• Most sellers assume their home is selling AS ISInspection is NOT a time for UPGRADES but Buyers want broken things repaired33 Physical Problems that come under scrutiny, with the inventory low, most buyers are stating they will not ask for cosmetic issues and focus on major systems, health, and safety. Colorado does NOT require a License to be an inspector.The high-cost things include:• Roof replacements – particularly high deductibles• Furnace replacements• Electrical panel• Structural stuff can be really costly• Sewer and Septic RepairsTOP MECHANICAL SYSTEMS THAT COME UNDER HOME INSPECTION SCRUTINY:Mechanical Systems: HVAC/Furnace – clean and service furnace. Water Heater – check permit history, building code has changedElectrical – GFCI issues, Federal Pacific PanelPlumbing:There are often hidden things you may not see, it would not hurt to get your home pre-inspectedMORE TOP MECHANICAL SYSTEMS THAT COME UNDER HOME INSPECTION SCRUTINYSewer: If the home does not have a sewer cleanout…• Have HAD inspectors pull toilets and not replace seals• Pull Toilets and Rip the Vinyl!!• Run sewer scopes through inappropriate lines• Last week – Inspector Went Through Roof Vent and Found a “Blockage”Septic• Can be VERY COSTLY• Most counties require an Inspection prior to the transfer of ownership –• Why? The health of the Ground WaterSteps Have a Septic Inspected• If it needs repairs we have some trusted referrals that can save you thousands!• Once work is done apply on County health for transferRoof Issues• Could be very costly – Vincent Story• Tile Roofs – Cliff Point Story• Roofs with Solar Panels• Could just be the cost of yourdeductibleInspector Gadget Stories• Infrared Detector• Carbon Monoxide Detector• Mold WandIn most cases, the Lenders and Appraisers do not require many of these itemsWe are talking to Barb about 11 High-Cost Home Inspection Traps. Barb, what are some other home inspection issues that come up?Decking / Broken Flatwork:• These could be a safety issue• Wood takes a beating in this climate• Much of these can be repaired.• Lately buyers are asking for broken concrete to be repaired. Not required by the lender unless it is a trip hazard. Contractors say concrete will crackCertified Pre-Owned Home Program Protects Our Sellers from Inspection TrapsYou are listening to Barb Schlinker of Your Home Sold Guaranteed Realty, if you are thinking of making a move call Barb at 719-301-3900 or visit BarbHasTheBuyers.comWhen we come back we will be discussing: Will Housing Prices Fall As Interest Rates Rise?#realestatevoice #barbschlinker #coloradosprings #yourhomesoldguaranteedrealtycolorado #barbhasthebuyers
What this episode covers
Segment 2 – 11 Home Inspection Traps You Should Know Weeks Before Putting Your Home Up for Sale Barb, many home sellers fear the inspection. Many people think most buyers want to purchase their home as it is. What are some of the High-Cost Home Inspection Traps home sellers need to know BEFORE putting their home up for sale? Fear is Very Real: 1. Most Common Contract Failure: Inspections! 2. Sellers Fear Inspectors will find surprise issues 3. Sellers worry about Building Code issues 4. Sel...
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11 Home Inspection Traps You Should Know Weeks Before Putting Your Home Up for Sale
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