Buyers: Response to Inspection

SummaryIn this conversation, Clint C. Galliano and Ben Harang discuss the intricacies of home inspections as part of the residential property purchase process. They delve into the importance of understanding inspection reports, navigating appraisal flags, and the mechanics of responding to inspection findings. The discussion emphasizes the need for clear communication between buyers and sellers, particularly regarding repairs and expectations during the closing process. The episode concludes with thoughts on future discussions and the potential for including third-party insights. Takeaways·       We review the inspection and we have a slightly different approach.·       Things that may get flagged in the appraisal are crucial to address.·       The ever-present TPR valve drain line is often overlooked.·       Appraisers will call out flags that need attention before closing.·       It's important to manage expectations regarding older homes and inspections.·       Buyers should not expect major rewiring based on inspection findings.·       The seller has options when responding to inspection requests.·       The inspection period is critical and must be adhered to strictly.·       Clear communication is key in the buyer-seller relationship during inspections.·       Future discussions may include insights from third-party professionals. Sound Bites"Things that may get flagged in the appraisal.""The ever-present TPR valve drain line.""We were talking about doing some mobile stuff." Chapters00:00 Teaser00:13 Introduction00:27 Welcome01:02 Purpose of the Inspection Response06:11 Identifying Hazards09:06 Expectations10:36 Responding to Inspection Findings12:21 Buyer's Final Response15:38 A Look Ahead17:17 Disclaimer Hosts Ben Harang, REALTOR® La. License #: 36589 Keller Williams Realty Bayou Partners Mobile: 985.859.2500 Office: 985.262.4400 [email protected]  Clint C. Galliano, REALTOR® La. License #: 995704723 Keller Williams Realty Bayou Partners Mobile: 985.647.4479 Office: 985.262.4400 [email protected]  Produced by Clint Galliano Music by Wiggins StudiosClick here to view the episode transcript.