Property inspection report

[Jose Valdez]

Hello everyone! I wanted to see what the next step is after you receive the full inspection report on a property while in escrow. Will you present this report to a general contractor to look over it and give you a quote of the important things that need fixing? I'd like to get an estimate to be able to negotiate with the seller. Thank you!

[Joe Splitrock]

Keep in mind that an inspection is meant to reveal unknown defects that are not reflected in the price. If the house visibly has a 30 year old furnace, the negotiated price should already reflect that. I mention this because some buyers believe anything on an inspection report should be a cost deduction from offer price. You are not buying a new house. Of course negotiate what you can. Ask for concession greater than you expect to get. I am just saying go into it with the right expectations.