Will the seller fix all of the items that my home inspector found wrong with the home? Will the builder fix problems found with a newly-constructed home? findwell agent Lauren GeRoy answers in this installment of Ask an Agent.
Q: Will the seller fix all of the items my home inspector found wrong with the home?
A: Every inspection is going to find a handful of things that are considered possibly wrong with the property. It could be minor, little things to major, larger items. Most sellers are not going to fix every item that you find on the property.
When you sit down with your agent to negotiate the inspection, you want to make sure that you are asking for the items that you aren’t comfortable handling on your own. If it’s a loose door knob or a leaking faucet, small things like that are more common for the buyer to take on once they own the property. A seller is maybe going to be more negotiable in helping you fix some of the major items prior to closing.
Q: Will the builder fix problems found with a newly constructed home?
A: Inspections on new construction operate a little bit differently than they do if you are buying a resale property. With a new construction home, you don’t typically have an inspection contingency, so you can’t back out of the purchase based on things that you find in the inspection. Typically what happens is that you provide the builder with a copy of the inspection report and they will fix things that they deem are not done appropriately or to code.