Reading a Home Inspection Report carefully and getting an inspection verses an estimate...What’s difference? Its Huge!!!

By
Services for Real Estate Pros with MrMold Certified Specialists

I get called into a lot of real estate transactions post home inspection. What usually happens is the home inspector will make recommendations based on the inspection of construction defects an advise the seller to seek a qualified, certified or licensed professional depending to the issue to address or fix the problem. At this point it is critical to have a clear understanding what is being asked of the underlying issues in order to make the right decision on how to proceed with addressing the concern. Some sellers will automatically call in some tradesman to "fix" or "replace" whatever issue was identified during the home inspection and spend big money on something that based on the wording in the report may have been misinterpreted, misread, misdiagnosed or misunderstood. Not saying the home inspector is at fault simply saying that their recommendations should be thoroughly understood in order to be correctly addressed. This type of misunderstanding usually ends up costing the seller a lot of money for something that may have had a simpler or cheaper solution if addressed properly.

Example: Recently a homeowner had "suspect" mold on the wood sheathing (plywood) attic written in a home inspection report. The report simply stated for them to have it "looked at by a certified mold specialist".  The seller than proceeded to call a mold company and requested an inspection that cost about $1200.00. This inspection simply confirmed that they did indeed have mold in the attic that needed to be cleaned. The mold inspection (testing) firm then recommended that the mold by remediated (treated) by a "certified mold remediation specialist"

Now when I read the report I realized how words can have different meanings... If the wording "looked at" in the report had been replaced with something else like get an estimate or the home sellers first asked for clarification or priced out testing verses cleaning they might have saved a bunch of money by skipping the testing on a job that was it obviously just needed to be cleaned. The actual clean up ended up costing $1500.00...Only $300.00 more than the testing!

 This happens with all aspects of home repairs! Plumbing, electrical, HVAC and everything else that breaks and needs fixing!

So in closing read, re-read, re-re-read and you or your client call the inspector and attorney if you are not 100% crystal clear on what is being asked, recommended or suggested as you may be saving the deal and your client a lot of money by doing your homework!

I recently posted the "Realtor Education Series Video 1 of 6" about what to expect from an inspection verses an estimate on our youtube channel: Mr Mold TV:

http://www.youtube.com/watch?v=m_qy3hsPL0

 

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Rainmaker
551,738
Susan Mangigian
RE/MAX Preferred, West Chester, PA, RS152252A - West Chester, PA
Chester & Delaware County Homes, Delaware and Ches

It's nice to have a qualified and honest mold inspector whichever side of the transaction you are on!  I'm glad I can turn to you, Tom, when I have the need for mold testing and remediation.

February 03, 2010 01:37 PM #1
Rainmaker
676,252
Mary Yonkers
Alan Kells 1-814-881-7548 - Erie, PA
Erie/PA Real Estate Instructor

Tom--I wish your lived closer as Erie, PA does not have a mold expert.  Good information.

February 03, 2010 01:51 PM #2
Rainer
10,831
Tom Re
MrMold Certified Specialists - Parlin, NJ

Susan, As usual thank you for your kind words and motivation!

Mary, I have a reliable guy that I sub any work by you out to that's very honest and inexpensive. Shoot me an email and I'll forward his info to you! tom@mrmold.net

February 03, 2010 07:33 PM #3
Rainmaker
477,913
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Michigan

Thank you for being upfront. There are so many people out there "taking" people in for no reaon but greed.

February 14, 2010 02:27 PM #4
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Rainer
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Tom Re

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