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How to Replace Currency to the Property Inspection Report

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[Music] all right guys so today we are here on the north side of town the city of north las vegas and right in back of me is a property that just hit the market within five days they had a bunch of offers on it luckily enough we were able to get our offer accepted for a client out in california he is an investor were under contract right now we opened up escrow we did home inspections now this home theres a lot of uh things that came up on the home inspection okay so today we figured hey why not show you guys the process of buying a resale home and the things that actually come up on a home inspection report so im going to walk you guys through this and kind of just show you behind the scenes [Music] at this home right here the asking price was 270 000 it is 1868 square feet its four bedrooms the lot size is about forty three hundred square feet you have a total of three baths now lets take a look at the home inspection report now keep in mind when you buy a home make sure to get

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How do I renegotiate after inspection?

7 tips for negotiating after a home inspection Hire an experienced real estate agent. Only focus on the major repairs. Opt for a credit or price reduction instead. Think long term. Provide supporting documents. Ask for a home warranty. Be reasonable.

What can you do as a buyer if an inspection report finds issues with the home quizlet?

Inspections are an important way that buyers protect themselves on the purchase of a property. If there are problems with the home found through inspections, the seller and buyer may negotiate repairs or the buyer may be able to cancel the deal.

What is an example of a home inspection contingency?

Contingencies can include details such as the time frame (for example, the buyer has 14 days to inspect the property) and specific terms (such as, the buyer has 21 days to secure a 30-year conventional loan for 80% of the purchase price at an interest rate no higher than 4.5%).

What is an inspection report in life insurance?

In the life or health insurance context, inspection reports generally mean a medical examination of the applicant conducted by a doctor or medical professional. The process can range from a quick physical examination to a more detailed workup including blood and urine tests.

What should be done after an inspection quizlet?

After the inspection, the manager should do the following: -Discuss violations and time frames for correction with the inspector. -Act on all deficiencies noted in the report by determining why each problem occurred, and then establish new procedures or revise existing ones. It may also be necessary to retrain staff.

Which of the following is true if the buyer finds problems during an inspection?

Which of the following is TRUE if the buyer finds problems during an inspection? The buyer can send a request to the seller asking for those repairs to be made.

What is the main shortcoming of a property inspection?

What is the main shortcoming of a property inspection? Since the inspection only checks for visual cues, it cant identify everything that might be wrong.

Should I take notes during home inspection?

An inspection should take at least a few hours. Try to be present so you can find out as much possible about the homes condition, take your own notes and photographs, and ask about anything that concerns you.

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Replace Currency to the Property Inspection Report