Home Buying Repair Requests After A Home Inspection

Dated: 07/20/2018

Views: 75

Home Buying Repair Requests After A Home InspectionThe perfect home has been found, the one in the right neighborhood with the right amount of bedrooms and bathrooms. The home inspection is complete, but a few issues have been found. At this point, a home buyer has decisions to make. 

What Repair Requests Can Be Made After a Home Inspection?

Structural defects found during a home inspection are the responsibility of the seller and must be fixed. In addition, Realtor.com states that the following must also be repaired by the seller:

  • Water penetration such as mold or wet basement/crawlspace

  • Any code and safety violations like unstable decking or missing handrails

Cosmetic issues like bold paint choices or peeling paint, nail holes, and other normal wear-and-tear are the responsibility of the buyer, not seller.

Additional Repairs To Request 

Home buyers do have the option of requesting repairs they believe are the seller’s responsibility. These often go beyond obvious structural issues like a sinking foundation or mold in the basement.

Additional repairs that home buyers may request include but are not limited to:

  • Replacing pipes with leaks

  • Replacing galvanized pipes due to lead contaminant, low water pressure, and leaks

  • Upgrading electrical wiring in a home built before 1960

  • Fixing cracked window(s)

  • Installing new HVAC and/or water heater

Sellers may be willing to replace old sewer lines known as “tar paper” pipes. These “tar paper” pipes are called Orangeburg sewer pipes and often found in older homes. On average, this older type of sewer pipe has a 50-year life span. However, as it ages, it can begin to disintegrate with tree roots penetrating the material. A home buyer can hire a plumbing professional who specializes in sewer pipes to inspect the system as part of the overall home inspection.

There may be additional issues that the seller is not required to fix, but that leave the buyer unhappy. When this happens, it can be possible for the buyer to request a repair credit be added to the final contract. Typically, this works best when the repair or issue has a potential cost of more than $500. 

Qualified Home Inspection

Repair requests made by the home buyer, whether major or minor, usually are more credible when done in conjunction with a qualified home inspection. Not every state requires home inspectors to have specific certifications or even licensing, so it’s essential to work with real estate agent to select a qualified professional. A qualified and independent home inspector is the buyer’s responsibility. This inspector should have established credentials and belong to trade association, versus a friend or family member that “knows houses”. 

Home buying can be an overwhelming experience, but knowing which repairs to request the seller to fix after the home inspection, is one less item to worry about. Timely and open communication with your trusted mortgage professional throughout the process can help to ensure a smooth and successful home buying experience.

For more info visit: http://www.bondstreetloans.com

Latest Blog Posts

Whats Ahead For Mortgage Rates This Week August 20th 2018

Last week’s economic reports included readings from the National Association of Home Builders and Commerce Department releases on Housing Starts and Building Permits issued. Weekly readings on

Read More

Outdoor Projects That Will Help You Sell Your Home

First impressions matter when you’re selling your home. Curb appeal is what draws potential buyers to your home. It can make or break a home sale. Attractive landscaping or an appealing entryway

Read More

Tips For Selling Your Home In The Fall

Football season has kicked off, temperatures are cooling and pumpkin spice everything is for sale in the stores. Yes, fall is here. While most people associate the spring and summer months as the

Read More

Pros And Cons Of Downsizing After Retirement

With Baby Boomers already rolling into retirement and Gen X looking forward to shrugging off the stress of the 40-hour work week, downsizing could be a strategic move. For many Americans,

Read More