In the last few weeks, I met with 3 past buyer clients and we reminisced about the great experience we had together finding the right home, and me helping them write a great offer, negotiating the inspection issues and finally closing on their homes. With each of these buyers, we identified some issues during the home inspection that we used to negotiate a better price and/or seller concessions.
Siding - Client A's home has EIFS siding which is a synthetic form of stucco. Our inspector noted some installation issues and I was able to negotiate a seller credit of $9,000 to repair the problems. Left untouched, siding in this condition will continue to deteriorate behind the surface and the rot will begin to destroy the structure. When I asked my client about it, he had no recollection of the problem. Sure, I resent him all of the reports with photos and the bids we received at the time but now we're 6 years down the road.
Carpeting in the bathroom - Client B's purchase included carpeting in the bathroom...even in the toilet room! Yuck. This is a simple fix, just pull out the carpet and put in a nice tile floor. We got a seller credit to pay for the work, but it's still there 7 years later. Now they're thinking about selling!
Water in the Crawlspace - Client C's home is on a slight slope and during the inspection we found that there was a small amount of water getting in under the home. Left as-is, problems can develop with mold, pests and structural damage. We negotiated thousands in seller credits to pay for the corrective work which was to dig a french drain around the perimeter and to remove and replace the vapor barrier. 3 years later, the buyers haven't done anything to correct the problem.
Come on people!