North Vancouver, BC, Canada
Musings of chief inspector and president of SENWI House Inspections

Monday, April 20, 2009

Does a house inspection kill the deal?

Is any home perfect?

It is important to realize that a seller is under no obligation to repair everything identified in the inspection report. No home is perfect, and it is important for the buyer to be reasonable in their demands for a vendor to address found issues. As long as the dwelling is not brand new, there will always be components in the house at various stages of their life cycle. It is not reasonable to expect everything to be brand new, and normal wear and tear on components throughout the dwelling is acceptable and expected. This is where you need to work closely with your Realtor who should be providing you a summary of similar properties for sale in the area. The properties listed should all have similar parameters and be broken down into a per sq. ft. cost so that you can compare apples to apples. For example, if the inspection report identifies that the roof is at the end of its service life and in need of replacement and you see that the sq. ft. cost is above the market average, it may then be appropriate to ask the vendor to compensate for the worn out roof. But if the pricing is below the market pricing, then the vendor most likely has already accounted for the expenditure of replacing the roof and it would not be appropriate to ask for a further discount (or at least to expect it).

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