I strongly urge buyers to get the property they want to buy inspected. Get it inspected! Get it inspected! Get it inspected!
It bears repeating.
Get the property inspected. Get inspected! Get it inspected!
Are inspectors perfect? No. Are inspections 100% accurate. No. Do inspectors miss things sometimes? Yes. Do inspectors sometimes call attention to things that aren't problems? Yes.
Inspectors have their opinions like everybody else. But they reduce the risk of there being something wrong you missed.
I worked with some buyers who really liked a house in the Fishtown section of Philadelphia. The inspector came out and went through the three floors of the house and it looked perfect. We went downstairs and poked around at the circuit boards and furnace. All was great. It had been recently rehabbed; what could be wrong she thought?
Turned out, lots.
The inspector he donned his overalls and got into the crawl space under a new extension in the back. Full of mold. The builder had, to save money probably or out of either stupidity or ignorance, sunk studs directly into the ground using untreated wood and the thing was absolutely full of mold.
The buyer would never have crawled under there.
The buyer was absolutely broken-hearted. She had dreamed herself into the house. But, we turned down the house and got her money back with nary a peep from the other side. They probably knew about the mold and hoped we wouldn't think to look there. They would have had exposure should she have gone ahead with it, and the buyer would have had a train-wreck on her hands.
We kept looking and found a house she liked even better for less money and was in really good condition.
So all turned out well. I don't know what the builders were going to do about that mold problem. Probably try to sell it to some other sucker.
Get the house of your dreams inspected. Don't become a sucker.
As I said, for more on trust and on entrepreneurship generally, go to www.hatman2.blogspot.com. I have some other blogs though.
Go to www.byandforwriters.blogspot.com if you would like to get a short story published.
For tips on writing and to read my book for free go to www.kearneymusicschoolmurders.blogspot.com.
For a proper connection strategy, go to www.referralbasedbranding.blogspot.com
Tuesday, July 28, 2009
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