Comments on: What to Expect at your Inspections http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/ Phoenix Real Estate -- Anything and everything about it. Plus random musings... Now with Phoenix area MLS Listings Search! Sat, 21 Nov 2009 14:25:35 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Frank Jackson http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-56925 Frank Jackson Sun, 21 Jun 2009 22:57:19 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-56925 Hmmm.. I stumbled across this gem here and have to say that, even though the real estate market has changed drastically the last year, your advice still holds! Hmmm.. I stumbled across this gem here and have to say that, even though the real estate market has changed drastically the last year, your advice still holds!

]]> By: RealEstateUndressed » Blog Archive » Some Of These Magnificent 7 Montly Nominees Will Move To Round 2: http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-52077 RealEstateUndressed » Blog Archive » Some Of These Magnificent 7 Montly Nominees Will Move To Round 2: Wed, 29 Apr 2009 06:26:33 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-52077 [...] What to Expect at your Inspections by The Phoenix Real Estate Guy: [...] [...] What to Expect at your Inspections by The Phoenix Real Estate Guy: [...]

]]> By: RealEstateUndressed » Blog Archive » September Magnificent 7 Nominees http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-52076 RealEstateUndressed » Blog Archive » September Magnificent 7 Nominees Wed, 29 Apr 2009 06:19:32 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-52076 [...] 7-  What to Expect at your Inspections by The Phoenix Real Estate Guy: A home inspection is a stressful time, for both home buyer and seller. No buyer wants to buy a home that needs repairs, and no seller wants to be faced with a daunting and potentially expensive list of repair requests. [...] [...] 7-  What to Expect at your Inspections by The Phoenix Real Estate Guy: A home inspection is a stressful time, for both home buyer and seller. No buyer wants to buy a home that needs repairs, and no seller wants to be faced with a daunting and potentially expensive list of repair requests. [...]

]]> By: Jay - The Phoenix Real Estate Guy http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39789 Jay - The Phoenix Real Estate Guy Thu, 11 Sep 2008 15:56:01 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39789 More great points by all. Kanoa - I emailed you. Mark, I think home warranties are about the only type of warranty coverage that is worth every nickle. The peace-of-mind alone is well worth the price. One must be wary of "pre-existing conditions" though. Micheal - while I think sale price is the most important negotiation, inspection/repair negotiation isn't far behind. Ken, agreed. It is ALWAYS easier to discuss these things up front, before they become an issue. I think one of our biggest jobs as agents is educating our clients. We help people buy and sell homes every day, passing that experience on to someone who most likely will only go through the process a few times in their lifetime is really, really important. More great points by all.

Kanoa – I emailed you.

Mark, I think home warranties are about the only type of warranty coverage that is worth every nickle. The peace-of-mind alone is well worth the price. One must be wary of “pre-existing conditions” though.

Micheal – while I think sale price is the most important negotiation, inspection/repair negotiation isn’t far behind.

Ken, agreed. It is ALWAYS easier to discuss these things up front, before they become an issue. I think one of our biggest jobs as agents is educating our clients. We help people buy and sell homes every day, passing that experience on to someone who most likely will only go through the process a few times in their lifetime is really, really important.

]]> By: Ken Smith - Elgin Illinois http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39788 Ken Smith - Elgin Illinois Thu, 11 Sep 2008 15:42:33 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39788 If you prepare your seller for the facts of home inspections before they accept an offer life is much easier. All sellers need to allow for potential repairs when negotiating an offer as it will effect their net price. Have this conversation early in the listing process then again when starting to negotiate an offer and your clients will feel much better about the transaction. If you prepare your seller for the facts of home inspections before they accept an offer life is much easier. All sellers need to allow for potential repairs when negotiating an offer as it will effect their net price. Have this conversation early in the listing process then again when starting to negotiate an offer and your clients will feel much better about the transaction.

]]> By: Mark A. http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39785 Mark A. Thu, 11 Sep 2008 14:14:31 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39785 One of the things I've found work well in our market in Chicago (and probably in other markets as well) has been to offer buyers a home warranty to ease their mind, especially when the home has big-ticket items that might be in need of repair or replacement soon, such as central AC units or furnaces. A $4,000 issue can be remedied with a $400 solution ensuring that the transaction doesn't fall apart. One of the things I’ve found work well in our market in Chicago (and probably in other markets as well) has been to offer buyers a home warranty to ease their mind, especially when the home has big-ticket items that might be in need of repair or replacement soon, such as central AC units or furnaces. A $4,000 issue can be remedied with a $400 solution ensuring that the transaction doesn’t fall apart.

]]> By: Kanoa-Mexico Real Estate http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39783 Kanoa-Mexico Real Estate Thu, 11 Sep 2008 09:52:15 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39783 Jay, I think you have written an excellent article and made some valid point. I was wondering if I could use some of your article in my marketing. If you want I could rewrite it but I would love to send some of this information to my client base. If not I completely understand but I don't think it would be a conflict for you since we are not competing for the same clients. I always like to ask before I duplicate or use somebodies content. Best wishes, Kanoa Jay,

I think you have written an excellent article and made some valid point.

I was wondering if I could use some of your article in my marketing. If you want I could rewrite it but I would love to send some of this information to my client base. If not I completely understand but I don’t think it would be a conflict for you since we are not competing for the same clients. I always like to ask before I duplicate or use somebodies content.

Best wishes,

Kanoa

]]> By: Richard Miller http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39775 Richard Miller Thu, 11 Sep 2008 01:27:38 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39775 Great Advice. I think that Critical Items are usually up for negoiation, such as roof, furnace,etc. Thanks <a href="http://fgrhomeforsale.blogspot.com/">Fox River Real Estate</a> Great Advice. I think that Critical Items are usually up for negoiation, such as roof, furnace,etc.
Thanks

Fox River Real Estate

]]> By: Tucson Michael http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39771 Tucson Michael Wed, 10 Sep 2008 22:47:48 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39771 I think the negotiation of inspections is the most important of the negotiations because the buyer can still get the home lower and the seller in their mind has already "sold" their home so is usually intense when negotiating inspection items. I think the negotiation of inspections is the most important of the negotiations because the buyer can still get the home lower and the seller in their mind has already “sold” their home so is usually intense when negotiating inspection items.

]]> By: Jay - The Phoenix Real Estate Guy http://www.phoenixrealestateguy.com/what-to-expect-at-your-inspections/#comment-39763 Jay - The Phoenix Real Estate Guy Wed, 10 Sep 2008 20:22:36 +0000 http://www.phoenixrealestateguy.com/?p=1251#comment-39763 Riley - if I'm reading your comment correctly, your inspection reports in Miami contain dollar amounts? That's interesting as we don't typically see that here. Joe - I mentioned "pre-listing" inspections in the last paragraph. Great point about getting a re-inspection. It's also typically much cheaper. We've even had buyers accept the pre-inspection report and not get their own inspection (though personally, I would advise our buyers to hire their own inspector if at all possible). Riley – if I’m reading your comment correctly, your inspection reports in Miami contain dollar amounts? That’s interesting as we don’t typically see that here.

Joe – I mentioned “pre-listing” inspections in the last paragraph. Great point about getting a re-inspection. It’s also typically much cheaper. We’ve even had buyers accept the pre-inspection report and not get their own inspection (though personally, I would advise our buyers to hire their own inspector if at all possible).

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