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Posted by xrongor on February 9, 2005, 1:23 pm
> On 8 Feb 2005 12:39:50 -0800, trader4@optonline.net wrote:
>
>>A book is a poor substitute for a professional home inspector. To
>>expect a typical home buyer, who won't even know what flashing is, to
>>
>
> Most home inspectors are a poor substitute for a professional
> home inspector. And if you don't know enough to evaluate
> the house, the chances are pretty good that you don't know
> enough to evaluate the inspector, either.
well said.
randy
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Posted by Edwin Pawlowski on February 9, 2005, 11:27 pm
>
> Most home inspectors are a poor substitute for a professional
> home inspector. And if you don't know enough to evaluate
> the house, the chances are pretty good that you don't know
> enough to evaluate the inspector, either.
I'm looking forward to reading your tips on how to do that. Will you be
posting them today?
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Posted by Dan on February 10, 2005, 5:07 am
wrote:
>
>>
>> Most home inspectors are a poor substitute for a professional
>> home inspector. And if you don't know enough to evaluate
>> the house, the chances are pretty good that you don't know
>> enough to evaluate the inspector, either.
>
>I'm looking forward to reading your tips on how to do that. Will you be
>posting them today?
>
As a consuer, the best you can probably do is ask for American Society
of Home Inspectors certification- Their requirements are relatively
stringent and continuing education is required- There are some other
organizations out there, but the requirements are considerably less-
Dan
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Posted by Brian on February 8, 2005, 6:54 am
>that people often take the Inspection report to the
>bargining table and use it as a deal breaker, ie, EITHER FIX ALL
>THE PROBLEMS IN THE REPORT or DROP THE PRICE OR WE WALK.
Yeah, and ... The seller IS responsible to fix/remedy all major
defects.
Every home has some minor defects.
Get an inspection, find very reputable inspector been in business for
a
long time.
If a house has structural problems, water damage, failed septic system,
asbestos,
bad plumbing (PB pipes), termites, faulty aluminum wires,
non-functional HVAC, or
leaking roof you will be out a lof of money.
Most states require sellers disclosure. Seller must disclose those
issues.
If your inspector find any of the major defects ask seller fix it, or
reduce the price.
If he refuses, remind him and his agent that he NOW will be required to
disclose major defects found by your inspector. If his broker values
his/hers
license they will.
I had to spend some dough to fix major defects on my house, prior to
market.
Minor defects is a different issue, I refused to fix em, unless they
cheap to fix.
Brian
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Posted by David Efflandt on February 8, 2005, 8:48 am
>
> First I'd like to say I'm a upright, honest sort of guy.
> I'm buying my first home from someone, the seller/home owner.
> When I went to the morgage broker he suggested having a home
> inspection before making the contract final - and I would be the
> one to pay for the inspection. No problem.
>
> When I told the Seller, he said he had no objections to the
> inspection, but he was told by a "friend" who buys and sales
> homes, that people often take the Inspection report to the
> bargining table and use it as a deal breaker, ie, EITHER FIX ALL
> THE PROBLEMS IN THE REPORT or DROP THE PRICE OR WE WALK.
> And the seller said when he quoted me a price, he gave me the
> firm bottom price. He had it marked up to 'account' for any
> negotiation.
Things are always negotiable, especially if you discover a major defect
that was not disclosed to you. That would also obligate the buyer to
repair or disclose that defect to any other potential buyer. And if
nobody met the seller's price, they either drop their price or keep the
house.
Of course some people are stubborn. When my boss discovered a structural
defect in a home he was considering (about $6000 to correct), the seller
refused to repair it or drop his price. So my boss bought a new home in a
nearby town (lower taxes anyway). But he heard that the guy with the
defect had to repair it before he could sell that other home.
When I bought a home, the problems that the home inspector found were
minor, like hot/neutral reversed on some outlets (which I fixed myself),
would probably need roofing within 5 years (no leaks or missing shingles),
and chiminy needs tuckpointing. But the home had been around since 1910
and reasonably priced (I paid less than assessed by lender). My only
unexpected expense since May 2002 was a vent damper for the boiler.
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