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Updated 20 days ago, 12/07/2024

User Stats

17
Posts
4
Votes
James Mays
Pro Member
4
Votes |
17
Posts

Inspection Report - How would this inspection report affect your offer?

James Mays
Pro Member
Posted

Hello BP Team!

I recently went under contract for a 4/2 LTR/Section 8 house with current tenet in place in Jackson, MS. Inspection report came through today. First time out of state investor. Currently have a local LTR Condo in CA and Primary SFH in CA.

________________________________________________________________________________________________________________________________________

How should I think about my counter offer/credits/repairs off of the inspection results?

I typed up the below and sent back to my realtor to start the conversation but wanted to get BPs thoughts as well. 

-Should I ask for credits to repair? 

-Should I reduce my price offering? 

-Or is this normal and I eat the repair costs? 

My message back to the realtor:

After reviewing the inspection report, here are my thoughts. I would like to have some of the results looked into further, repaired, or credits issued so that we can repair.

The below list is what I would like to be repaired or priced out to have credits issued.

Let me know what you think, thanks!

Further Evaluation (Professional based)

  • Comment 2: Yard wet
  • Comment 23/24/25/26/27: Electrical Work
  • Comment 4/5/6/7/40: Glass repairs/sealed
  • Comment 28/29/30: Hvac repairs
  • Comment 49: Chimney inspected/cleaned

Repair (Handyman based)

  • Comment 3: Vegetation removal
  • Comment 12: Leaking hose bib
  • Comment 13: Sewer cap replaced
  • Comment 19: Door knob replaced
  • Comment 22: Replace all batteries in smoke detectors
  • Comment 38: Replace clamp in sink
  • Comment 39: Replace dishwasher
  • Comment 41/48: Dry wall prepare
  • Comment 44/47: Door repair
  • James Mays
  • Loading replies...