With recent changes to buyer's agent commissions, it's important to understand how a great buyer’s agent can help reduce risk during the home-buying process. Homeownership extends well beyond the initial excitement, and one of the main issues is often the home's condition. While most purchase agreements are “As-Is,” meaning the seller isn’t required to make repairs, the buyer can still back out if major issues are found within a set timeframe. However, walking away could result in a financial loss.
Having managed thousands of transactions, I’ve identified common home inspection issues that buyers should be aware of to mitigate risk. Before writing a contract, I follow these steps:
1. **Home inspection checklist** – Identifying potential issues that could affect the value.
2. **GIS and zoning research** – Checking flood zones, nearby developments, and zoning changes.
3. **Price analysis** – Comparing similar homes sold, under contract, and active.
Additionally, I recommend a large-item inspection (e.g., HVAC, roof, plumbing) by a professional prior to writing an offer, which can reveal potential issues specific to the home’s age and style. This allows buyers to make informed offers and request repairs upfront, reducing problems after purchase.
Always get a home inspection, consider a warranty and survey, and use cost savings from working with us to enhance your homeownership experience.
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