Saturday, October 16, 2010
6:25 AM | 
Posted by
Domicile Consulting
Most real estate contracts in Illinois allow for a 5-day home inspection period and we suggest you take advantage of it. They will also outline a negotiation process. During that negotiation, you can ask the seller to fix items that need repair, you can ask the seller for a credit to compensate you for the future repairs, or you can request a hybrid of these two options. The seller then has X amount of days to respond to your requests. They can accept the requests, reject the requests, or offer an alternative proposal. Then there's another X amount of days for the buyer to respond if the seller has rejected or made an alternative proposal. In most inspection contingency, the buyer maintains control of the process and does not lose their opportunity to purchase the home if they request repairs. The seller can say no, and then the buyer has a chance to terminate the agreement if they wish.
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About Me
- Domicile Consulting
- Chicago, IL, United States
- Domicile Consulting’s Curriculum Vitae We have over 75 years of combined construction experience as carpenters, remodelers, engineering, insurance investigation, fire investigation and general contracting. We understand how buildings are put together and the materials and methods used. We are constantly and consistently educating ourselves in the latest construction methods and the ever expanding field of Building Science. Our most significant asset is the trust our clients place in us to educate them objectively about their property investment, whether residential or commercial. Here are some of their certifications and licenses: • State of Illinois Certified Home Inspection Education Provider • State of Illinois Licensed Home Inspector • Member of the American Society of Home Inspectors • Member of the National Association of Certified Home Inspectors • Member of the National Fire Protection Association • Member of the American Society of Heating Refrigeration and Air Conditioning Engineers • State of Illinois Certified Fire Investigator • RESNET and Building Performance Institute • National Air Balancing Institute Is YOUR inspector qualified?
1 comments:
Is it advisable to have home inspection done in first place before selling property.
Los Angeles home inspector service
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