A bad home inspection doesn’t need to sink you. Even newer homes can fail an inspection. The matter isn’t life or death. In fact, you can recuperate from it rather easily when selling your home. This guide will help you through the process by giving you the advice you need to live with bad home inspection results.
Why Homes Fail Inspection
There are a number of contributing factors as to why a home would fail a home inspection. Here are a few of the more common reasons:
- Exposed electrical wires and broken electrical outlets. This could be a fire hazard that could injure or kill a person if not handled quickly.
- Fire hazards caused by DIY fixes that were done completely wrong. Some people take the title of handyman or handywoman too seriously. They think that just because they possess working knowledge of plumbing, electrical, heating and cooling systems that they can fix everything on their own. Nine times out of ten, they’re very wrong.
- Pest and critter infestations. Raccoons, possums, mice, rats, termites, and beetles are never fun to deal with.
- Duct tape rather than permanent fixes. Temporary fixes are never an excuse for not fixing something permanently.
- Leaky faucets and broken seals. These problems can make a water bill skyrocket.
- Improperly placed beams and girders. Structural problems are among the most daunting inspection failures that there is. The idea of a home collapsing on its occupants is terrifying.
A general home inspector is not always equipped to deal with mold, asbestos, and lead so it’s beneficial for the buyer of a home to call the appropriate parties to inspect for these things. If a home fails an inspection for termites or any other equally troubling factors, now is the time to learn about it.
What to Do if the Home Fails an Inspection
Even newer homes can fail an inspection. The matter isn’t life or death. It’s actually an opportunity to improve the quality of your home that you can sell it faster. A buyer will shy away from a home with a multitude of problems. It’s easy to deal with these things quickly then to wait for the buyer to negotiate with you.
You are under no obligation to pay for repairs if you don’t want to. You can move along to another buyer if the first in line decides that he or she doesn’t want the house due to a failed home inspection. In today’s competitive marketplace, many buyers prefer to handle the repairs themselves if they truly love a property.
Schedule a Reinspection
If you’ve repaired or replaced an item that caused alarm on the inspection, now is the time to schedule a reinspection. Some home inspectors include the price of this service in the original quote that they give to you. Others charge an additional fee to perform a reinspection.
Either way, it’s worth the investment. Doing the repair immediately can help you get a better price for the home. The buyer will not deny the fact that you remedied the situation and therefore won’t be able to ask for a price reduction without merit. This will help you get the most money for your property.
Your home has served you and now it will serve someone else. Don’t you want to give them the same peace of mind you had when you first moved into your new property? Instead of looking at bad home inspection results as a negative, consider it a positive. You’ll be able to remedy any problems that the home has structurally, electrically, pest-wise, and plumbing-wise.