Real Estate Inspection Do Your Own

Real Estate Inspection - Do Your Own
Why should you do your own real estate inspection? To get a​ better deal .​
It isn't necessary to​ learn building codes, and​ you probably should use a​ professional inspector in​ any case .​
The point of​ learning what to​ look for​ is​ to​ have negotiating points.
Home Inspection Checklist
With a​ good inspection checklist, you won't forget things .​
There are more than a​ hundred items on my own list .​
Could you keep all those in​ mind as​ you walk through a​ property? Did you remember to​ look for​ water stains on the​ basement walls the​ last time you looked at​ a​ house? Bring a​ list!
A good list is​ organized by area of​ the​ house, usually starting outside .​
As you walk around and​ then through the​ home, check each item on the​ list .​
Be sure to​ take notes .​
If the​ gutter is​ coming loose on the​ side of​ the​ house, write that down, along with notes about rotten wood or​ anything else associated with it.
Don't worry if​ you don't know the​ difference between 12-gauge and​ 14-gauge wiring .​
The point isn't to​ become an​ expert on all the​ building trades, as​ useful as​ that would be .​
Just use what you do know .​
Note if​ something looks odd or​ smells funny .​
Then you can have a​ professional inspector have a​ closer look.
Real Estate Inspection as​ a​ Negotiating Tool
You can, of​ course, just make an​ offer on a​ home with an​ inspection clause .​
Then, after an​ inspector goes in, you can re-negotiate the​ price based on his findings .​
This is​ a​ common way of​ doing it .​
The problem is​ that it​ can often offend the​ seller, and​ blow the​ deal .​
Would you like somebody to​ drop their offer by $10,000 after they already put it​ in​ writing?
A better way is​ to​ find as​ many problems with the​ property as​ you can, BEFORE making the​ offer .​
That way you can take all of​ these things into account .​
Also, a​ list of​ the​ problems presented with an​ offer is​ a​ good impersonal (therefore non-offensive) way to​ negotiate a​ lower price .​
You don't have to​ be a​ carpenter to​ note that a​ railing is​ loose .​
You can see if​ a​ home needs new paint .​
Real estate inspection can start with simple things like these, and​ end with a​ better price for​ you.

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