Reasonable requests after a home inspection
- Major electrical issues that are safety or code issues.
- Plumbing, drainage, sewer, septic, or water issues (or well water issues, if applicable)
- Mold or water damage.
- HVAC problems that affect home comfort.
- Leaking roofs or missing shingles.
- Termite and pest damage.
Besides, What do home inspectors look for in California? The inspector evaluates and reports the condition of the structure, roof, foundation, drainage, plumbing, heating system, central air-conditioning system, visible insulation, walls, windows, and doors. Only those items that are visible and accessible by normal means are included in the report.
How do you counter after an inspection?
How to a Counteroffer After a Home Inspection
- Closely assess the home inspector’s report. …
- Consider the associated costs of repair. …
- Determine the state of the real estate market. …
- Look at comparable properties. …
- Communicate and collaborate with the buyer and their agent.
How do you negotiate after inspection report? 10 tips for how to have a good negotiation after a home inspection
- Review the report with your real estate agent. …
- Prioritize repairs by cost and severity. …
- Don’t sweat the small stuff. …
- Request concessions for major items. …
- Get quotes from contractors. …
- Take the market into consideration. …
- Know what “as-is” means.
Hence, Can a seller back out after appraisal? If the agreement has already been signed, it’s next to impossible for a seller to back out. But if an appraisal changes what a seller is willing to sell the house for, they can cancel the agreement before signing.
What are 5 very important things that are inspected in a home inspection?
What inspectors look for. The home inspection will include anything that’s affected by water flow — piping, showers, bathtubs, sinks, faucets, toilets, and spigots. Inspectors will check for leaking, corroding, and cracked pipes, in addition to evidence of any DIY work and repairs.
Who attends a home inspection in California?
While the buyer may want to bring one trusted friend or family member, we typically recommend against overcrowding the property. This can make it harder for the inspector to get the space they need to do their job thoroughly and efficiently.
How much does a home inspector make in California?
How much does a Residential Home Inspector make in California? The average Residential Home Inspector salary in California is $86,593 as of July 26, 2022, but the range typically falls between $74,387 and $97,578.
What happens if you buy a house and there is something wrong with it?
If they forget or refuse, the sale is not valid. If a new home buyer discovers a material defect that the seller failed to disclose before the close of the sale, the law may give them the right to cancel the transaction.
How long are you liable after selling a house in California?
The 4-year statute of limitations for breach of contract in California, Code of Civil Procedure § 337 is a primary and critically important statute of limitation for all real estate sales, contracts and transactions, which potentially applies to every real estate transaction in California since all such transactions …
How long do you have to complain after buying a house?
You will in most cases have six years to bring a claim against the seller, which should be ample time for any problems which are going to come about to emerge.
What should you not do after buying a house?
Read on so you’re not blind-sided just before closing.
- Don’t change jobs, quit your job, or become self-employed just before or during the loan process. …
- Don’t lie on your loan application. …
- Don’t buy a car. …
- Don’t lease a new car. …
- Don’t change banks. …
- Don’t get credit card happy. …
- Don’t apply for a new credit card.
What would count as undisclosed defects?
Undisclosed defects or unusual qualities If a buyer discovers any unusual or abnormal qualities of the property and it is apparent that the seller knew of these and did not disclose them, the buyer will have legal recourse.
What is the 2 out of 5 year rule?
During the 5 years before you sell your home, you must have at least: 2 years of ownership and. 2 years of use as a primary residence.
What does a seller have to disclose in California?
You will need to include information about all appliances in the home, including which are included in the sale as well as whether they are operational. You will also need to disclose any room additions, damage, or neighborhood noise problems.
Who pays closing costs in California?
There is no state or county law that dictates who pays which closing costs in California, between the home buyer and seller. It usually comes down to two things — local customs and negotiations. Even so, there are certain closing costs that are usually paid by the buyer, and some that are typically paid by the seller.
What are deal breakers in a home inspection?
Home inspection deal breakers are deficiencies discovered that alter the client’s decision to purchase a house. Examples include structural damage, roof damage, aging electrical, plumbing, and mechanical systems. Environmental issues such as lead-based paint, asbestos, and mold can also be a deal breaker.
How do home Inspectors check for moisture?
Before a home is purchased, an inspector can use a moisture meter to determine if the house has leaks. A moisture meter can assist a homeowner in determining whether wood is dry enough to be painted or stained. Wood installers use moisture meters to make sure that wood is dry enough to be installed.
Is mold in a house a deal breaker?
The discovery of mold may be a deterrent for some buyers, especially if they have a compromised immune system, but should not be a deal breaker for most transactions.
Are Foundation issues a deal breaker?
1. Major foundation issues. Foundation issues are a huge undertaking to repair, and our experts agree it tops the list of home-buying deal breakers—especially if you’re a first-time buyer without the extensive funds needed for a lengthy and costly repair.
Is lead paint a deal breaker?
Bottom line: Lead paint doesn’t have to be a deal breaker, as long as it’s in good shape. However, if the paint is damaged or in poor condition, or you’re simply not comfortable raising a family in a home with lead paint, removal can be expensive and time-consuming.
How do you tell if there is moisture in the walls?
Here are a few common signs that you have too much moisture in your home:
- Peeling paint or wallpaper.
- Water marks or staining.
- Wet spots on the wall or ceiling after rain.
- Water running down inside walls.
- Walls that feel damp to the touch.
- Visible mold.
- A musty, stale odor.
At what moisture level does drywall need to be replaced?
Even a reading of up to 17% means that the drywall is salvageable, but any moisture level above 17% tells us that the drywall has been compromised and will need to be replaced, or cannot be used.
What is an acceptable moisture readings?
You should be aware that a moisture reading of 0-15% is quite normal and gives no cause for concern. However, moisture readings in excess of 15% indicate the need for further inspection. Levels between 25-30% indicate that there may be water ingress, meaning that remedial work could be required.
What can you ask the seller to fix?
Electrical, plumbing, roof, HVAC – these are repairs that you can reasonably expect a seller to take care of under most circumstances, as long as the problems are significant enough to impact your use of the house negatively.
How do you negotiate a repair request?
Ask For A Price Reduction Even though you are paying less for the house, you will be out of pocket for the repair. A good way to structure that is to ask the seller to pay some or all of your closing costs that would normally be paid for by you. That is a way to put money in your pocket for the repairs.
How do you negotiate due diligence?
How do you respond to a buyer’s request for repair?
Should the vendor pay for repairs?
Sellers have a legal obligation to either repair or disclose serious issues with the home. If the repair request is a big one—and it’s not a surprise to them—they’re almost always going to be required to spring for the cost or lose the sale.
Can you negotiate price after offer accepted?
More often than not, the transaction will come to an end if both parties do not come to a satisfactory agreement. As you can see, it’s definitely possible to get a buyer to lower their price after your offer has been accepted. But they aren’t going to lower the price unless you have a legitimate and valid reason.
