6. Home Inspection
- You can allay a lot of buyer concerns by purchasing a presale home inspection and then making needed repairs. It's fine for you or friends to do general repairs if you know how. Please leave the electrical repairs to the electrician, heating system repairs to the HVAC folks, etc. Keep your receipts and jot down what you did. A presale report will not stop a buyer from having his or her own home inspection, but it should forestall any major items from coming to light with bad timing. The buyer pays for his or her own home inspection and the contract will set out when that must be accomplished. The buyers have a few more days (whatever is stipulated in the contract) to request repairs from you. You then have some time to figure out what you want to repair, what you can repair. A repair amendment will most likely stipulate that repairs be accomplished by a licensed professional. You will either sign the repair amendment or we will come up with a different one.
- The buyer may have the home inspector revisit to make sure the repairs are accomplished. The revisit is a buyer's cost. If something isn't quite right, then the cost of any future visit is yours to bear.