If I did a rehab an just gort it under contract. The inspector found like 50 things to repair. Like a metal fire proof door off of garage, None of the other townhomes has them. Are everything he finds mandatory to fix?
A home inspector’s sole purpose is for bargaining power.
The things he/she will find are correlated with, but not the same as code violations.
If you fix nothing, you can still sell, but your buyer might not want want to buy.
Also there’s probably a good amount of bs in the report. Inspectors. Miss thing and also find things that are non-issues.
Fix the things that the buyer cares about, or be prepared to have them offer less or walk.
By the way: no doors are fire-proof. Your inspector probably requested a fire-rated door(probably 1 hr: which could be made of wood) that has vapor sealant around it with an auto-closing damper.
And yes, that is a standard writeup, and No I wouldn’t fix it, almost no homes have it.
What kind of inspector? If it’s a for-hire home inspector, it’s not mandatory and you just tell the buyer the price already reflects the work that needs to be done on it–you can tell him he can take it or leave it if he’s gonna start asking for a 20%+ reduction in purchase price…
The main key for rehab a property to sell is to fix it up quickly, so you can rent it out right away but you should not go over your budget to make it perfect. See also other issues with houses like painting, base molding, cabinets, flooring, bathrooms. Everything should be fine.
James, re-read the post (or even just the title).
Your advice to move quick and stay in budjet is good, but your reply wasn’t even remoteley close to addressing this topic.
Even though home inspectors are reluctant to and, in many cases, refuse to disclose repair costs, call a contractor to determine the scope and expense to fix minor problems yourself. No home is perfect. Every home will have issues on a home inspection. A repair issue that will be be a deal breaker for a first-time home buyer, causing the buyer to cancel the contract, will not faze a home buyer versed in home repair.
This post is an excerpt from https://www.techcu.com/contentmobile.aspx?id=614
its all a negotiation, go through the list, chances are a few of the things should have been fixed, so you can agree to fix those, find out what the priorities on the list are for the buyer and see how much it will cost you to fix those,
if this buyer doesn’t work out chances are the next buyer will also have a home inspector and find the same things,you might as well try to fix some and the ones that are crazy do as stated by someone earlier, tell them that issue was take into consideration when you priced the home (or that it really doesn’t need it)