Property Inspection Review Service
The Option Period is a tense time for both buyer and seller.
The buyer is looking to understand if there are unseen issues and to make a decision whether to stay in the deal, or walk away.
The seller is on the other end, but the same seesaw. Are there are issues that will cause the buyer to walk? If so, what would it take to fix those issues?
Typical Property Inspection Report
And the Clock is ticking…
There is a hard deadline. It varies, but in (usually) 7 to 10 days the decision needs to be made - are you in or out of the deal.
… and what is needed is information to tame the tension.
The inspection tells you what the deficiencies are, but it doesn’t tell you what’s more vs. less important to fix, and when.
Which deficiencies need to be fixed right away due to code issues, and how much will that cost?
What are a “nice to haves”, and how much would those issues cost to have fixed?
… and you need the info yesterday.
Questions that need to be answered:
What has to be fixed vs. what should be fixed vs. what could be fixed?
How much will it cost to fix the required stuff?
How much will it cost to fix everything?
For Buyers:
What needs to be fixed before move-in?
What changes to the deal do I need to make based on the inspection?
For Sellers:
What is a Buyer likely to ask for based on the condition of the property?
What should I fix before listing to make the property easier to sell with less “friction”?