Tuesday, May 12, 2015

Go Pro Home Inspections [Tech Update]

by Osman Parvez
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One of our inspectors has begun offering high resolution videos of the inspection. This allows our buyers to see precisely what the inspector sees, particularly useful when they can't attend the inspection in person.   

For inspection objection and resolution purposes, the video also creates a much more vivid and detailed record of any issues. While very useful for negotiation, it's also potentially problematic for sellers who decline to make repairs and decide to take their chances with the next buyer. Remember,  evidence of problems must be disclosed. It will be hard for sellers to claim ignorance when they receive a high resolution video of the home inspection. Even if they won't disclose, the selling agent is required to do so if they have knowledge of inspection problems.    

This is one of the reasons we strongly recommend sellers pay for a home inspection and proactively address potential issues before listing the house. It's far easier to control the cost and manage solutions when you're not pressed against a deadline. 

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

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