10 Things To Do Before Having Your Home Inspected
Home sellers should prepare for the likelihood of a home inspection in advance. Moreover, getting ready your house ready for a home inspection helps to prevent delays and can prevent surprises. Also, a seller doesn’t need a home inspector breaking fixtures or cause damage because the seller was ill-prepared.
In South Africa, the seller is required by law to provide full disclosure of the condition of the property. However, the buyer usually pays for his or her home inspection.
Whether you’ve decided to produce a seller’s home inspection report for buyers or expecting the buyer’s home inspector to show up for a buyers inspection, the best thing is to be well prepared.
1) Clean the house and swimming pool
You should always try to create a good first impression. Notably, clean homes and pools are an indication of how you maintain the house and property.
Don’t underestimate the importance of making a good impression. Don’t make the mistake of thinking inspectors see past stuff.
2)The Inspector will be on time
You can expect the home inspector to be on time. Therefore, if an inspector makes an appointment with you for 9:30 am, have the house ready for inspection at 9 am.
Continue reading “Preparing For Home Inspection”
Read your offer to purchase carefully!
Beware of voetstoots clauses!
If you believe that the voetstoots clause is no longer applicable to home sales, you are mistaken. Estate agents and home sellers are using the voetstoots clause in 98% of the “offer to purchase” agreements. Furthermore, the voetstoots clause protects both the seller and the agent in case of legal ramifications for defects. The seller is not selling his home in his normal course of business. As a result, the Consumer Protection Act does not protect you!
In conclusion, just imagine what is wrong and can go wrong with the house you just bought if you don’t take the correct action!
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THE HOME DETECTIVE »
There are also various versions of “Sellers Property Condition Disclosure” statements in use by estate agents. The Estate Agency Affairs Board (EAAB) prepared one of the disclosure forms. Another by a prominent firm of conveyancing attorneys. Some “Offer To Purchase” contracts include the seller’s disclosure towards the back of the contract. None do much to make the average property transaction any fairer for the buyer.
These disclosure statements often don’t provide the buyer with genuinely comprehensive information on the true condition of the property. Such agreements often simply shift responsibility away from the estate agent and onto the seller. Continue reading “Is a Seller’s Disclosure worth the paper it’s written on?”