Tom Johnson

  • Home
  • Search
    • Advanced Search
    • Map Search
    • Get Property Alerts
    • What’s My Home Worth?
  • Areas
    • Aurora
    • Denver
    • Parker
    • Centennial
  • Featured Properties
  • Blog
  • About
    • About Tom
    • Testimonials
  • Contact

Try Our Property Search

Get Property Alerts

Read Our Blog

What's Your Home Worth

Part 2 of 5: How to Make Your Home Buying Experience a Disaster.

January 5, 2014 By Tom Johnson

NOT Having a Home Inspection Done

After visiting house after house, you have found the perfect home for you and your family.  You submit a great offer and the sellers accept.  Congratulations!  Now all that is left is signing the closing documents and getting the keys, right?  No!  There are several more steps in the process, one of which is the home inspection.  But wait, inspections cost money so you think about not having one done.  After all, you walked through the home and didn’t see anything wrong so why would you need to have someone else look at it.  Thinking that way could be a costly mistake in the long run.  You may not have noticed the furnace isn’t working, hot water heater is broken, the toilets are backing up, or the large amount of mold growing under the basement subfloor to name a few.  Just to give you an idea of costs, mold mitigation and sewer repair can cost from $3000-$10,000 or more depending on the extent of the damage.       

A home inspection will cost you anywhere from $300-$1000 depending on the size of the home and the scope of the inspection which can also include a sewer scope and a radon check (If you want more information on Radon please email me).  A great Realtor and inspector will inform you of these choices and why you should have them completed.  To many times I have talked to home buyers and sellers who say their real estate agent didn’t mention anything about a sewer scope or radon test which is unacceptable in my mind.

Your home inspection has specific dates to be completed by which are documented in the Colorado Contract to Buy and Sell Real Estate under Inspection Objection Deadline.  You must have your inspection complete and any objections (repair/replace request) to the seller before that date passes.  Your Realtor will ensure you stay on top of getting this done and should be able to recommend trusted inspectors.                           

Once the inspection is complete you will receive an extensive report of the items the inspector found.  You and your Realtor will discuss the report and course of action.  Anything we ask the seller to repair or replace is a renegotiation of the contract which could lead in cancellation of the contract.

Do yourself a favor and have an inspection done if you are buying a home.  The benefits could save you thousands in the long run.    

Tom Johnson, Realtor

303-856-6185 

tomjohnson@yourcastle.org 

For up to date info and tips “like” my page at:  www.facebook.com/tomjohnsonrealtor

Filed Under: Uncategorized

Recent Posts

  • Why Your Home Inspection Matters [INFOGRAPHIC]
  • Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
  • Why You Should Consider Condos as Part of Your Home Search
  • What Experts Say Will Happen with Home Prices Next Year
  • What Every Seller Needs To Know About Renovating This Year
  • 4 Simple Graphs Showing Why This Is Not a Housing Bubble
  • Don’t Let Student Loans Delay Your Homeownership Dreams
  • What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]
  • The Top Indicator if You Want To Know Where Mortgage Rates Are Heading
  • How Remote Work Impacts Your Home Search [INFOGRAPHIC]

Categories

  • 1031 Exchange
  • Aurora Neighborhoods
  • Home Buying
  • Home For Sale
  • Home Improvements
  • Home Maintenance
  • Home Ownership
  • Home Selling
  • Home Value
  • Investment Property
  • Market Information
  • Money Matters
  • Mortgage
  • New Construction
  • Recommendation/Testimonial
  • Taxes
  • Uncategorized
  • VA Loans
  • Email
  • Facebook
  • LinkedIn
  • Twitter
Equal Housing
Blue Fire Group    Real Estate Websites
© 2023 Copyright
LAC
Buying Buddy    Powered By Buying Buddy ®