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THE HOME INSPECTION

There are three groups of people impacted by home inspection reports. They are the buyers, the sellers and each of their associated realtors.

After the inspection reports come in the buyers and their realtors become well-informed folks who often end up knowing more about the homes they are considering for purchase than the people who actually live in them.

The sellers and their realtors are the people who usually end up paying for most of the repairs noted in the reports. The sad thing is those owners actually had the greatest potential for changing the outcome of the sale. With a bit of knowledge and a few minutes, the homeowners, the realtors and even the brokers could have gotten bigger checks at the close of escrow. Instead, they paid for hundreds or even thousands of dollars in repairs that could have easily been completed at a fraction of the cost, or even eliminated for free.

Accurate and concise reports from inspectors mean thousands of home sellers will walk away from the negotiation table with less money. Often times MUCH less.

Even though the home inspectors are not responsible for the condition of the home, they all recognize that if people had just a little bit of knowledge they could have saved so much money.

5 Tips On How To Prepare Before The Property Is Inspected

1. Learn the inner workings of the home inspection process.

2. Learn how inspectors think and why they report the way they do. (Understanding this one aspect will reveal where the high costs of repairs originate, and why sellers are essentially forced to comply or lose the deal.)

3. Learn why potential buyers abandon their deposits and run for the hills when the inspections come in. (This is actually one of the few things a seller has the most control over, and not to control this is an absolute shame.)

4. Learn exactly what the home inspectors are looking for and erase those findings before they ever get written.

5. Conduct a self directed home inspection.

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