Comments on: Buyer Tip – Successful Negotiation of the Home Inspection

By: Jon Boyd

Jon Boyd — Wed, 12 Nov 2008 02:59:34 +0000

Good advice on the process.

One thing we try to do before the inspection is make sure that the buyer’s looking at the inspection results “in context”.

If the home is presented as updated and well maintained, we have higher expectations that if the home is sold as a “fixer-upper”.

We also try to get the focus on the critical items like health & safety, structual, and mis-representation.

(We just had a seller’s disclosure state that the heating system was brand new when the furnace was installed in 1991!)

Regards,

Jon Boyd
Exclusive Buyer’s Broker
Past President of The National Association of Exclusive Buyer Agents (naeba.org)
The Home Buyer’s Agent of Ann Arbor, Inc.

By: Buyer's Agent Atlanta Georgia GA New Homes

Buyer's Agent Atlanta Georgia GA New Homes — Fri, 11 Jul 2008 21:37:16 +0000

This is a good approach to negotiating inspection items. The seller cannot expect top price for a home that has issues.

By: ARDELL

ARDELL — Fri, 17 Feb 2006 07:53:10 +0000

When I have safety issues, I try to have the problem resolved before closing, rather than using the credit method of resolution. I had one down in Federal Way with recalled heaters and the buyers had small children. I literally couldn’t sleep having nightnmares of the toddlers burning in the house. I had the heaters replaced before they moved in.

By: Osman

Osman — Fri, 17 Feb 2006 05:30:17 +0000

Good advice Ardell. Getting specific about the seriousness of a problem can also help. Recently I went back and forth for a client (I was representing the buyer) on inspection issues. My client felt very strongly about having the furnace replaced as it was releasing measurable levels of Carbon Monoxide inside the house. The Seller suggested having “a buddy fix it.” After a few rounds of verbal back and forth, I attached substantial documentation on the health hazards of a furnace leaking CO to an inspection resolution proposal and the seller reluctatnly agreed to a credit at closing. My client gave some ground as well, not getting everything she wanted in the original inspection objection, but getting what she really cared about taken care of.

By: Sue Andrews

Sue Andrews — Fri, 17 Feb 2006 04:25:07 +0000

Useful advice. Spot on. I have been collecting mortgage refinance and loan articles, and through research found that most of the sellers lack ability to neutrally judge their home price. This results in inflated pricing for property.

By: Grier Smith

Grier Smith — Fri, 17 Feb 2006 00:01:26 +0000

In my humble opinion, that is really helpful advice! Thanks Ardell