Summary
In this conversation, Clint C. Galliano and Ben Harang discuss the intricacies of home inspections as part of the residential property purchase process. They delve into the importance of understanding inspection reports, navigating appraisal flags, and the mechanics of responding to inspection findings. The discussion emphasizes the need for clear communication between buyers and sellers, particularly regarding repairs and expectations during the closing process. The episode concludes with thoughts on future discussions and the potential for including third-party insights.
Takeaways
· We review the inspection and we have a slightly different approach.
· Things that may get flagged in the appraisal are crucial to address.
· The ever-present TPR valve drain line is often overlooked.
· Appraisers will call out flags that need attention before closing.
· It's important to manage expectations regarding older homes and inspections.
· Buyers should not expect major rewiring based on inspection findings.
· The seller has options when responding to inspection requests.
· The inspection period is critical and must be adhered to strictly.
· Clear communication is key in the buyer-seller relationship during inspections.
· Future discussions may include insights from third-party professionals.
Sound Bites
"Things that may get flagged in the appraisal."
"The ever-present TPR valve drain line."
"We were talking about doing some mobile stuff."
Chapters
00:00 Teaser
00:13 Introduction
00:27 Welcome
01:02 Purpose of the Inspection Response
06:11 Identifying Hazards
09:06 Expectations
10:36 Responding to Inspection Findings
12:21 Buyer's Final Response
15:38 A Look Ahead
17:17 Disclaimer
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Music by Wiggins Studios
