SCAM

SM

  The Society for Consumer Advocates and Mavens

News You Can Use!





Topics

Advertising and Marketing
Airline Industry
Animal Cruelty
Auto and Transportation
Business and Industry
Buyer Beware
Children and Family Concerns
Consumer Alerts
Crime & the Justice System
Drugs and Supplements
Education and Schools
Entertainment, Art & Artists
Environment
Finance and Investing
Food and Beverage
Fraud
Gambling
Government
Health, Nutrition & Fitness
History
Home and Real Estate
Insurance
Law and Politics
Medical Matters
Misc
News Media
Observations, Myths & Thoughts
Product Safety
Religion
Restaurants and Fast Food
Security and Terrorism
Society and Culture
Sports
Statistics and Studies
Surgery
The Business of Beauty
The Workplace
Travel and Recreation

HOME INSPECTORS SELLING A HOME FASTER

When purchasing a home consider never hiring a home inspector that is recommended by your real estate agent because the agent's inspector may not disclose everything you really need to know about the property for fear of "killing the deal". However, even if you go out and hire your own so-called independent home inspector that is not associated with your real estate agent, you may still not be able to completely trust his evaluation of the property you want to buy because most home inspectors everywhere still may generate most of their income from referrals from real estate agents. Consequently, if certain home inspectors are known to disclose so many problems with the homes they inspect, "the word" may get around quickly to other real estate agents that a particular home inspector is known to be more of a "deal killer" instead of a "deal maker!"

Of course, if this happens the inspector may rarely get referrals from agents in the area which consequently affects a completely honest inspector's earning potential. Who do you think the inspector is going to favor when it comes to "putting bread on the table" so to speak--the home buyer or the home seller?

Additionally, whatever a home inspector tells you means absolutely nothing unless you get it put in writing, otherwise his evaluation is meaningless!

Also, the contract the home inspector asks you to sign may carry lots of small, fine print legal qualifiers which protect the inspector from you beng able to sue him in court for damages based on the home inspector's property evaluation and recommendations!

Furthermore, one way you may be able to sell a home faster is to offer the prospective buyer a one year warranty covering the roof, major appliances and heating and cooling systems. This type of warranty would go into affect the day of closing on the sale.

SUPPLEMENTAL SOURCE: NBC-TV DATELINE 5/8/98

Back


HOME | SCAMS | CONTACT US | OTHER SITES