Ryan Seward - RE/MAX Select Realty



Posted by Ryan Seward on 12/20/2018

After you accept a homebuyer's offer on your residence, he or she likely will complete a home inspection. Then, the homebuyer may choose to move forward with the home purchase, rescind or modify his or her offer or ask the home seller to complete home improvements.

Ultimately, a home seller is likely to have many questions following a home inspection, including:

1. What did the homebuyer discover during the home inspection?

As a home seller, it is important to do everything possible to enhance your residence before you add it to the real estate market. By doing so, you can boost your chances of generating substantial interest in your house. Plus, when a homebuyer performs a home inspection, he or she is unlikely to find any problems that may slow down the home selling process.

An informed home seller may conduct a home appraisal prior to listing his or her house on the real estate market. This appraisal enables a home seller to identify potential trouble areas within a residence and explore ways to address such problems.

If you failed to perform a home appraisal, there is no need to worry. For home sellers, it is important to see a home inspection as a learning opportunity. And if a homebuyer identifies problems with your residence during a home inspection, you should try to work with him or her to resolve these issues.

2. Should I stand my ground after a home inspection?

Be realistic after a home inspection, and you'll be able to make the best decision about how to proceed.

For example, a home seller who goes above and beyond the call of duty may address major home problems prior to listing his or her house on the real estate market. This home seller will dedicate the necessary time and resources to correct home problems and ensure a homebuyer is able to purchase a top-notch residence.

But what happens if a homebuyer identifies problems during a home inspection, despite the fact that a home seller already tried to correct various home issues?

A home seller should consider the homebuyer's inspection report findings closely. If minor home repairs are needed, he or she may be able to fix these problems to move forward with a home sale. Or, if a homebuyer is making exorbitant demands, a home seller may feel comfortable allowing the homebuyer to walk away from a home sale.

3. How should I proceed after a home inspection?

A home inspection can be stressful for both a home seller and a homebuyer. After the home inspection is completed, both parties will be better equipped than ever before to make informed decisions.

If a homebuyer encounters many problems with a residence, he or she will let the home seller know about these issues. Then, a home seller can complete assorted home repairs, offer a discounted price on a home or refuse to perform the requested home maintenance.

Working with a real estate agent is ideal for a home seller, particularly when it comes to home inspections. A real estate agent will negotiate with a homebuyer on your behalf and ensure you streamline the home selling process.





Posted by Ryan Seward on 5/10/2018

After you accept an offer to purchase your house, a buyer and his or her real estate agent likely will want to conduct a property inspection. Although the mere thought of a home inspection may cause a property seller to stress, it is important to understand the importance of an inspection for both sellers and buyers.

Now, let's take a look at three things that every seller needs to know about home inspections.

1. A home inspection offers valuable insights for both a seller and buyer.

During a home inspection, a buyer, his or her real estate agent and a house inspector will examine a residence both inside and out. The inspection allows a buyer to take a close look at a residence and identify any underlying issues with a house before finalizing a home purchase.

Meanwhile, a seller may learn about assorted home problems following an inspection as well. And if a home has various problems, a seller may need to correct these issues to fulfill a buyer's requests.

2. A home inspection won't necessarily slow down or stop a house sale.

Typically, a home inspection is performed after a seller accepts a buyer's offer to purchase. At this point, a buyer wants to ensure a home matches or exceeds his or her expectations. With an inspection, a buyer can learn about all aspects of a residence and proceed accordingly.

If problems are discovered during a home inspection, there is no need for a seller to worry. Oftentimes, a buyer will request a seller fix any problems with a home, or he or she may ask for a price reduction. As a seller, you may be able to negotiate with a buyer to find common ground relative to the costs of myriad home repairs too.

3. A home inspection generally does not take long to complete.

In many instances, a home inspection takes just hours to complete, and a buyer will receive a house inspection report within a few days of the evaluation. After a buyer reviews the home inspection report results, he or she can choose to move forward with a home purchase. Or, a buyer can rescind his or her offer to purchase or request home repairs or a reduced purchase price.

A seller will find out how a buyer wants to proceed within days of a home inspection. If a buyer and seller can come to terms after an inspection, both parties can proceed with a home transaction. On the other hand, if a buyer and seller cannot reach an agreement following an inspection, both parties can reenter the housing market.

Lastly, when it comes to selling a home, it often helps to hire an expert real estate agent. This housing market professional can teach a seller about home inspections, as well as what to expect at each stage of the property selling journey. That way, a seller can prepare for any potential home selling hurdles and take the necessary steps to overcome such problems before they get out of hand.




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Posted by Ryan Seward on 2/8/2018

The home inspection may seem like a standard thing that you need to go through in the process of buying a home. Really, youíre paying for the home inspection, and itís a huge opportunity for you. As a home buyer, you should look at the home inspection as an educational event for homeowners. Youíll learn a lot about the history of the property that youíll be living in. From water that may have been present in the basement to a leaky roof, youíll get to know your new home and how everything works.


When you hire your home inspector, he or she may seem like they are talking to experts. For this reason, itís a good idea to ask questions during the inspection so that you can clarify what the inspector is talking bout.


Is This Problem Urgent?


Itís a good idea to see how soon any problems in the house need to be fixed. If the roof needs to be replaced within 3-6 months and your finances are tight, itís something that youíll want to know about. While home inspectors will reserve their opinions about a property overall, professionally, they can tell you how big of an issue certain things are. You may need to hire a certified professional who specializes in a certain area like plumbing or electricity for further evaluation in many cases. For your own knowledge, itís a good idea to know what needs to be done around the property and when.             


Take Notes


Youíre never going to remember where everything is in the house on the first pass. Itís a good idea to carry a notepad with you when youíre going through the home. Make notes of any major issues, where they are, and how to fix them. This way, even after the inspection report is sent, youíll have something to refer back to.  


Is This At The End Of Its Lifespan?


Your home inspector will take a look at all of the moving parts of the home that youíre about to purchase. This includes the appliances. Is the dishwasher on its last leg? Will you need a new refrigerator very soon? Is that creak in the floor more than just a problem with a floorboard? If you find out what to expect from both the major and minor issues in the home, youíll have a better idea of what to expect from the property overall. 


Home inspectors give you an overview of the condition of a home. Inspectors will tell you that there is no home that comes completely clean when it comes to an inspection. Even a brand new home that was just built will have some issues. While it may not be the most fun to find out that your new home needs a new roof, at least you and your realtor will know what needs to be brought to the negotiation table if you decide to go through with the purchase of the home.





Posted by Ryan Seward on 12/4/2014

If you live in or are buying an older home you may be concerned about asbestos. Asbestos was banned in 1978 because of the health risks associated with it. Asbestos fibers are dangerous when inhaled.† The microscopic fibers can become lodged in the respiratory system and lead to asbestosis or scarring of the respiratory tissues. Asbestos was commonly used as a binder and fire retardant in many building products. It can typically be found in acoustical ceiling tiles; thermal insulation of boilers and pipes; steel fireproofing, cement asbestos siding and roofing; tile and sheet floor coverings. Inspectors are most concerned with what is known as friable asbestos (easily crumbled or pulverized to powder) and often recommend it be removed. It should always be removed†and disposed of by a qualified contractor.†Contact the Environmental Protection Agency for an updated list of qualified testing and or mitigation contractors.

 
   





Posted by Ryan Seward on 4/3/2014

At your home inspection you notice the windows look dirty and hazy, they even have water droplets inside the panes. The seals are broken. You immediately think you will need new windows or do you? What you see is a failed or broken window seal. Window seals usually fail due to age, the typical window seal will last around 10 - 15 years. Other reasons a window seal may fail are:

  • Pressure changes caused from hot and cold weather
  • Building settlement
  • Movement from opening and closing
  • Objects hitting the window
  • Pressure washing
  • Deteriorating frameworks
If you can't stand the look of the hazy windows and decide to replace them make sure to find a company that offers a good warranty plan, look for a 10-20 year warranty.