Your All-in-One Solution for Home Inspections in Moreno Valley, CA

A home inspection should list all relevant findings on the report, but it is impossible to take care of every single item listed on a report. Like any home inspector or real estate agent in Moreno Valley will without a doubt tell you, no home is flawless.

However, if there are any urgent issues to take care of, a seller will likely agree to complete the necessary repairs. If not, you will have more leeway to negotiate the asking price and adjust your offer according to the scope of estimated repair costs.

For decades, courts in California have been consistent regarding decisions on disclosure of home inspection findings: sellers and their realtors have the duty to disclose all prior inspection reports, even if they were not scheduled and paid for by the seller.

As a buyer, you can renegotiate the agreed-upon purchase price if the home inspection in Moreno Valley turns up major problems that could have a serious impact on the value of the home. A realistic offer in this scenario would be 1% to 5% below the asking price. If you’re paying cash, you may be able to negotiate a more favorable deal.

In the vast majority of cases in Moreno Valley and nationwide, it is the buyer who schedules a home inspection. But what if the report of the home inspection leaves you disappointed and reveals so many defects that you no longer want to proceed with the transaction?

You have the option to give up, but you need to do it prior to the deadline and in accordance with the stipulations of the contract.

Approximately 15% of the deals that fall through is due to the buyer backing out following the inspection. If you are a seller, you need to be fully prepared, ready to negotiate and lower the asking price if needed, especially if you are in a hurry to sell.

Strictly speaking, the seller does not have the option to back out after an inspection if the contract has already been officially signed, but there may be a way out: you can attempt to get the buyer to walk away from the transaction.

Namely, home buyers often request that sellers complete or cover the cost of repairs of issues listed in the report. As a seller, you can refuse to do so. This could cancel the contract, albeit not in the strictly technical sense. However, the buyer may decide to still proceed with the transaction, in which case you would have to do the same.

Another way to walk away from the deal is to refuse to wait for the buyer to come up with an alternative source of financing, such as if they are unable to get a mortgage.

Living in a dynamic community such as Moreno Valley comes with amazing perks, and the future of the vibrant city looks promising. Whether you are looking to sell your family home with a view of the famous Box Springs Mountain mountaintop ‘M’ or buy a house near Moreno Valley College campus, your transaction can be worth your while, and we are here to ease and facility the transition from point A to point B.

In addition to home inspections in Moreno Valley, we can send a home inspector to your property anywhere else in the area of Riverside County. Whether it’s a pre-listing home inspection in Temecula or an urgent verbal home inspection in Murrieta, we can help.

Here at The Inspectors Company, we have a reputation to uphold, which is why we hold every inspector on our team to the highest industry standards. We train, educate, and mentor all our property inspectors, engendering in them the commitment to use their skills and resources to perform an accurate, impartial property inspection.

Secure your financial future and make smart real estate investment decisions. For more details on our home inspection services available across California, call now!