What is the significance of
the word X-ray when talking about real estate?
The important thing about X-ray
is that this is the way that you are going to inspect the home. Now, I
would never recommend anyone to buy a house without doing an inspection, however
these days the inspections need to be limited
in terms of what you ask the seller to fix.
So, what's important about an X-ray?
Well, when you get an x-ray at the doctor, they are looking at your bones, right?
They're checking your structure to see if there's anything there that could be
a problem now or in the future.
X-ray with respect to real
estate means that you're going to look at the home from top to bottom and do
all of the inspections that you want to do.
Now, when you discuss this
with your agent you should always reserve the right when you're doing as is
inspections to void the contract if you find something that you're not
comfortable with or that's going to be too expensive for you to repair so
you'll sit down with your agent and you'll talk about all the different inspections
that you can do.
Typically, this will include
doing structural and mechanical inspections. It will also include well flow and
water quality if you're on a private well and you always want to do a full septic examination
if the home is serviced by a private septic system. This would include examining the tank, the
fields and a pump out of the tank if the inspector thinks it's necessary.
Now there could be other tests
that also may be necessary such as working with a chimney expert to look at the
flu and make sure the integrity of the chimney is still solid. Also, you’re going to want to take an especially
hard look at your crawl space and your attic because in our area with as much
humidity as we have you could have mold growing in both of those places and the
inspector who looks at your structure.
Your structural mechanical
inspector should be able to look at both of those things for you but you could
also feel free to bring in someone who specializes in mold and crawl spaces and
have them take a look and if you want to do an extra thorough inspection of
your heating and air conditioning system. You can get a heat and air
conditioning company to come out and take a look because under the as is inspection
clause you can do all the inspections that you want to do.
However, you just do not ask
the seller to make repairs so after you do all of these inspections. This is
the time you to sit down with your agent and your trusted advisors. It’s time to consider what it will cost to
fix the things you feel need to be addressed right away and then what can you
do over time after you own the house and the cost of those things and once you've
done all of that you can decide if the house is still worth
what you will be paying for it
If it is, you move forward, if
it isn't, you have reserved the right by the contract to void the contract and
so you are protected. We hope you found this helpful if you need more
information or would like to discuss it with us. Please feel free to reach out
to me with any questions or concerns about this or any other topic you may have
questions about regarding real estate. I
am n experienced 20+ year realtor!