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What To Do If My Home Inspection Report Comes Very Bad?

There is still hope with a home inspection report when it uncovers a serious problem with the home. Here are some steps I can take as a homeowner when I receive surprising news from a home inspection report. 

Don’t Let it Stress Yourself Out

When I receive a home inspection report that has found major issues with my place, the first thing I should do is to take a deep breath and look at it with fresh eyes as if I’m a third party that is not selling or purchasing the home. This news could save me from a lawsuit after selling out the home. Plus, this bad news does not indicate it is the end of the line for being able to sell out my place, even if the potential buyer decides to walk away. 

Wait for the Potential Buyer to Respond

Once I receive the home inspection report, the buyer has also received it as well. I have to control my nerves and wait for the potential buyer and/or their agent to contact me about the issues found in the home inspection report. I should not assume how they will react and what they will want me to do about it. They may have renovation plans in mind that would involve fixing the issue anyway. So they may not be worried at all. 

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Remember That anHome Inspection Report is NOT a To-Do List for Owners

It is clearly not the duty of the potential buyer to work on the home inspection report issues. First, I have to listen to the buyer’s reaction and requests. Then I should look into estimates myself and calculate the cost of the repairing work. I have to make sure I have contacted a trustworthy expert to guarantee all repair cost estimates reported by the potential buyers are accurate. In some cases, I may not be able to afford a repair. My real estate agent can be very helpful in negotiating how to continue to move forward.

Sell the Home As-is for Cash

If the potential buyer does walk away and I do not want to go through the pain of putting the real estate listing back on the market and hoping a buyer will buy it, I can sell it right now as it currently stands with no need to spend money on repairs to a cash home buyer. Cash home buyers are no strangers to huge repair issues. They will still make an all-cash offer. It will close quickly to get my home sold and a load taken off my shoulders. 

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What you will do if the same case happens to you? Share with us in the comments section.

This article covers some of the most common home inspection issues.It also elaborate what it mean in terms of either fixing the issues or opting to look for a better home.

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Common Problems Found During Home Inspections

The home inspector will test all of the different parts and systems.He reveals anything that is missing, malfunctioning, or not updated.For buyers, it will give them all crucial information related to the home.Also it will give them the opportunity to negotiate any due repairs. For sellers,the home inspection could end up costing additional time and money. Read on to discover the 4 most common home inspection issues and what they may mean.

1. Water Damage

Most home inspectors agree that water damage is one of the most damaging and expensive problems one can face. Water is the prime reason of dry rot, expensive structural damage, and toxic mold.

2. Faulty Wiring

Another expensive problem is problematic electric systems.  If one see open junction boxes, amperage mismatches, wire nuts missing, or extension cords running everywhere when he views a home, these are all red signals.

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3. Poor Drainage and Grade Sloping

This problem is often linked to water damage because if the home is not graded rightly,water will not drain rightly.

6. Base Flaws

If there are issues with the home base.For example,sloping floors, sticky windows,or even doors that swing in one direction.Cracks in the foundation can be occured by a number of other serious issues.  Fixing the base of a home is a important expense and, depending on the causes of the base flaws, the underlying issues may create new base problems with time.

Even smaller-scale home inspection problems, such as a cracked tank or faulty distribution box, may be flagged because small problems can lead to huge ones. Home inspectors genrally don’t inspect septic tanks, so I should hire a septic inspector to check it out.

What are some of the home inspection issues in your area??Mention them.

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As such, confused real estate sellers and listing agents often ask can a home inspector cancel a deal?

Mostly, a home inspector can not cancel a deal. Only the buyer is allowed to walk away. But, as a home inspector pal once told “Some houses may commit suicide”. 

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HOW HOME INSPECTORS CAN AFFECT THE REAL ESTATE DEALS

After the home inspection, the buyer and seller can either negotiate on the terms or the home inspector can part ways completely. What can be the reasons which make the home inspector walk away? Here’s how:

Homebuyers Have High Expectations

No house can be ever perfect. In all my years, I have never gone to a house where I didn’t find anything unpleasant. Even a new home can be a nightmare. 

In Illinois, the median age of a home is almost 60 years old, with most being even older. Homebuyers need to know that even the best-looking homes can have certain issues that arise during the inspections process.

Yet, some homebuyers feel like a home should not have any imperfection, or are simply unaware of how many small issues the average home has. As I often inform my customers, yes, this home has these issues, but if the home inspector inspects every house on this street, he’d likely figure out the same issues over and over again.

Numerous times, I have customers who back out of the first deal, cancel the 2nd deal, and then after 3 home inspections, they realize the first inspection wasn’t that worst after all. 

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The Listing Has Oversold the House’s Conditions

Another most usual issue is home sellers have a strong attachment to their home, and how they perceive their home maybe not be similar to what others think of their home. A common issue is also the seller’s claims they just replaced the HVAC system. But the home inspector considers the HVAC system is 18 years old. Well, if I have resided in my home for 50 years, 18 years may feel just like now. What is “brand new” to one person may not seem “brand new” to the world.

Another house had listed that there was ample space in the yard to install a swimming pool. What the listing was unable to mention is the property was located on a hillside, making a pool very complicated to install. The home buyer didn’t even let us end the inspection before they canceled the deal.  

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Homebuyers Notice Aspects About The Home They Don’t Adore 

Another common issue is the homebuyers blame the home inspector, but not for what is mentioned in the report, but for other things that are only noticed during the inspection process. A great number of people view homes for sale, others will visit numerous homes, and generally only have 15-20 minutes for a house before it’s off to the next one. 

Then while the inspection is in process, they sudenly have a couple of hours or more to sit in the house. That’s when they begin to notice aspects about the neighborhood or the layout, or just the exterior is just a little bit outdated that they don’t like. These minor issues are not related to the home inspection but will surely persuade the buyers to cancel the deal. And blaming what the home inspector found is much simpler than admitting they made an offer on a house that they just don’t like because of a single factor. 

On another house, the buyer realized during the inspection he was purchasing a much larger house than he really required. He kept telling me about how cleaning and handling such a spacious home was more than he could manage. It became crystal clear to me he just didn’t want the house anymore. However, he informed his agent he was backing out due to a water pipeline issue he found.  Did the home inspection cancel a deal? No, but the process made the homebuyer cancel the deal. 

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What do you want to advise the first-time home buyers?

I always advise my customers to entirely understand the home inspection process. If any structural or mechanical problems were ruled out during the inspection, I believe it should be get fixed. Passing off these issues to a potential homebuyer is going to be very challenging, to say the least. Most homebuyers have the least expectations of what they are willing to get.

For home buyers, it can be upsetting to lose a house that they have already pictured themselves living in. Nonetheless, if after a home inspection I rule out some crucial fixes that I can’t deal with, the home seller won’t acknowledge the same. Maybe I require to simply pull back the house search and reopen it.

Real Estate brokers call these things deal breakers for a cause. Tons of people don’t want to deal with such issues when purchasing a house.

Purchasing a home is a procedure that involves a variety of complex steps, not the least of which is ensuring the home is devoid of any substantial flaws. This is where Illinois home inspections start with. The core purpose of home inspections is to check the house is livable. The house should also not have any forms of deficiencies that would make it unprotected to inhabit.

Home inspectors in most areas of the United States are authorized by their state to do inspections. Ahit says in Illinois, home inspectors in training must take 60 hours of inspection courses, pass the state inspection exam, and observe 5 mock inspections with an experienced inspector.

So, what does an Illinois home inspection actually deal with? Illinois home inspectors evaluate nearly 2,000 items. Some of the basics include:

House Structure. 

The structure of a house is a mendatory part of an inspection. The house structure inspection is required when the house is of older age. The home inspector should ensure the foundation is vigorous, that the house isn’t leaning, and that the door and window frames are well-built and should not be uneven.

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Roof. 

A leaky roof is of course a giant issue in a home. So a home inspector will evaluate a house’s roof shingles, flashings, chimney, and more are all structurally robust.

Electrical, Plumbing, and Heating. 

These areas are the lifeblood of a house. Home inspectors will evaluate light switches, panel boxes, pipes, outlets, drains, water heaters, and the overall heating system to ensure everything is up to the mark.

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Insulation. 

Proper insulation keeps cold and heat in or out, depending on the season, so an Illinois home inspection should include this, too.

You can see that Illinois home inspection covers an exceptional deal, and this list is nowhere near exhaustive.

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Do you want yourself to perform an Illinois home inspection?

So as per the president of the American Society of Home Inspectors, top real estate agents, and the most experienced home inspectors share exactly what major things to look at during a home inspection and how different outcomes can influence your home sale.

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7 MUST-TO-DO THINGS DURING HOME INSPECTION TEST

We recommend that you prepare yourself for the home inspection by making a list of areas of the home you want to be checked before the inspector arrives. Your checklist should include:

• Foundation
• Roof
• Attic space
• Rain gutters and downspouts
• Exterior stucco or paint
• Electrical panel, light switches, and power outlets
• Thermostats and heating, cooling, and ventilation (HVAC) system
• Plumbing fixtures, faucets, and water heater
• Appliances
• Walls, ceilings, and floors
• Doors and windows
• Stairs, steps, and railings
• Porches and balconies
• Walkways and driveways
• Basement
• Garage

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THE BOTTOM LINE

Home inspections can be stressful for sellers, but knowing what inspectors look for can help you anticipate things that fail a home inspection. Minor tweaks here and there can improve the overall inspection report.

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Happy Home Inspection Preparation!

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