11 High Cost Inspection Traps A Seller Should Know About Weeks Before Listing A Home For Sale #loft #inspection #sellhome
According to industry experts, there are more than 33 physical problems that will come under scrutiny during a home inspection when a condo or house is for sale in California. A new report has been prepared which identifies the most common of these problems, and what everyone should know about them before listing a home for sale.
Q: Who pays for what inspections?
A: In a Southern California home sale, the buyer usually pays for a general home inspection ($400), and the seller usually pays for a termite inspection ($100). In Los Angeles, the seller usually also pays for a retrofit inspection ($100), which checks smoke-CO2 detectors, low-flow toilets etc.
Q: If I’m selling a concrete loft with no wood, do I still need to get a termite inspection?
A: Yes, usually. In California, lenders often require a termite inspection. So, if the home is being financed, then get a termite inspection even if the home is made of all concrete and steel or brick with no possibility of wood destroying pests such as termites. If the buyer is paying all cash, and the buyer signs a pest inspection waiver, then a termite inspection is not necessary. Rarely, a concrete loft may have an infestation if the unit is adorned with old wood. | Question or Comment
Whether it’s an old home or a brand new one, there are a number of things that can fall short of requirements during a home inspection. If not identified and dealt with, any of these 11 items could cost a fortune in terms of repair. That’s why it’s critical that a home seller read this report before listing a loft, condo or house. If one waits until the building inspector flags these issues, one will almost certainly experience costly delays in the close of a home sale or, worse, turn prospective buyers away altogether.
In most cases, a seller can make a reasonable pre-inspection first after learning what to look for. And knowing what one is looking for can help to prevent little problems from growing into costly and unmanageable troubles.
Get a free report that reveals what you need to know before you list your home for sale, and also included is a list of Greater Los Angeles Area loft inspectors. Fill out the online form:
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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Inspection prices are approximate, and vary. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. | Question or Comment
