Resale
 
 
 
 
 
 
 
 
 
 
 
 
 
 

RESALE INSPECTIONS

Resale Inspection Facts:
1. Real estate contract specifies time for completing home inspections
2. Many Disclosure Statements are unhelpful, misleading and wrong
3. Sellers can preserve equity by acting on an inspection before selling

Purpose: Determine the overall condition of the house

Reasons to Inspect:
Buyers: Make an informed purchasing decision and peace of mind
Sellers: Preserve equity by fixing issues before the sale
Owners: Understand the current condition of the building

Inspection Focus:
Visible health & safety concerns
Operation and installation of equipment
Structural integrity, utility installation, and storm water drainage

Report Content:
Inspection report w/ pictures
Three summary reports
Key Considerations: subset of findings to support further negotiations
All Comments: all findings w/o property report content descriptions
Controls, Cleanouts, & Filters: locations of key items in the house

Note: Most findings are routine maintenance to perform when taking possession

Pricing Variables:
Heated square feet or number of bathrooms
Types of under-floor spaces
Travel Time
Age of building
Building condition (premium for foreclosures, & poor maintenance)
Building use
Additional inspections: accessory buildings, environmental sampling
Number of visits required to complete the inspection

Availability:
Need at least 1 hour of daylight to investigate the exterior

Inspection Time:
Better part of a half-day, usually 2.5 - 3.5 hours on site

More Information:
Virtual Home Inspection Tour at American Society of Home Inspectors (ASHI)
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Frequently Asked Questions (FAQs)

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What is a Resale Inspection?

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Frequently Asked Questions

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