Shade line in the Home Inspection Services Contract effortlessly

Aug 6th, 2022
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How to Shade line in the Home Inspection Services Contract

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[Music] my name is ben garrison i am here with uh attorney joe dentaler i am the national program director for elite mga a leading provider of home inspector you know and general liability insurance for for inspectors across the country and internachi members with our insurance program that we formed exclusively for the membership and joe and i wanted to talk to you a little bit today about the importance of having an inspection agreement where you can find them the purpose they serve and commonly and frequently asked questions about these agreements to help inspectors get a better idea of of of how they can be helpful and what whats involved with getting a good one and whats what a good one entails um so with that um joe sure you know ben and i are with elite mga and we own a captive insurance company called elite re that has a unique program with internachi regarding an insurance program especially for internachi members its a risk purchasing group usually called the internachi in

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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.
The counteroffer after a home inspection This request should be cordial and kind and not demanding and mean. A letter that comes across harsh can upset the seller and he/she can call the deal off. This written offer should also include a copy of the home inspection report and the estimates from the professional.
A pre-inspection agreement should be signed by clients before a home inspector performs an inspection. A pre-inspection agreement sets clear expectations and protects the home inspector against future claims and disputes.
No News Is Usually Good News It may seem counterintuitive that if you havent heard from the buyer yet after the home inspection its actually a good sign. But if youre still within your inspection contingency period, the buyer is likely figuring out how they want to move forward with the sale.
Here are a handful of red flags that an inspector may find that you should be on the lookout for. Roof. A leaky roof is a huge red flag during the home inspection. Plumbing. Electrical. Exterior. Safety issues. Foundation.
The top five things home inspectors look for Foundation. The foundation is the workhorse of a house. Roof. Roof quality and performance can also make or break a house deal. Plumbing. Is there anything worse than a leak? Electrical systems. HVAC system.
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. Dont sweat the small stuff. Request concessions for major items. Get quotes from contractors. Take the market into consideration. Know what as-is means.
Your Options After a Home Inspection Ask the seller to make the repairs themselves. Ask for credits toward your closing costs. Ask the seller to reduce the sales price to make up for the repairs. Back out of the transaction (if you have an inspection contingency in place) Move forward with the deal.

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