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Buyer agents should not recommend the buyer of the house release their home inspection. However, home buyers have the option to make their offer more interesting without actually submitting their ability to have properties checked.
Some Massachusetts home inspectors conduct pre-sale house inspections. In Massachusetts, contracts to buy or offers are made contingent upon the outcome of the inspections
Home inspections are generally quite extensive, covering almost all aspects of property and adjacent land. However, home buyers must be aware of several things that the home inspector is not required to check.
In a seller’s market or if the home is a highly sought after property, buyers who want to submit the best offer can release the contingency of the home inspection. However, there is a significant risk for buyers who choose not to check the house before buying.
The alternative to releasing home inspection contingencies is to do pre-supply house inspection.
In an effort not to violate the definition of Massachusetts home inspection or Commonwealth’s Home Practice Standards, some inspectors refer to pre-supply inspections as a “consultation.” Home inspectors have different opinions regarding pre-supply house inspections.
You can hire a Massachusetts mortgage broker For detailed info about brokers
What is a pre-supply inspection?
Pre-bidding home inspections are usually a partial home inspection carried out by a licensed home inspector before the homebuyer places a prospective bid on the property. Usually, this is not a complete home inspection but includes the main components of the house, eg, structure, foundation, roof, HVAC system, electrical items, plumbing and safety pipes. Home inspectors usually include the following in pre-bid home inspections:
• Structure / Foundation: Building Foundation, Structural Framing, Floors, Walls, Ceilings, and Roofs and Framing
• Exterior: Siding, Deck, Serambi, Chimney, Window, Door, Stairs, Grading, and Drainage
• HVAC: Boiler / Furnace system, AC, Oil / Propane Tank, Fuel Supply Component, and Closure
• Roof: Roof Shingles or Other Materials and Ventilation
• Electricity: Main Panel and Sub-Panel, Solvent and Container, Entrance Cable Services, Electrical, and Connections
• Pipes: Mainline, Supply Lines and Shutoffs, Waterways, Traps and Ventilation.
Pre-bidding home inspections may take between 45 and 75 minutes to as much as more than two hours. Prospective home buyers must know what their inspectors will be examining during pre-supply inspections so that they can make the most informed decisions about their offer.
Not every inspector will have the same definition of pre-supply home inspection. Most of the inspectors will not walk around the open house with home buyers, and buyer agents need to schedule time for the pre-supply inspection. For prospective home buyers, the more comprehensive a pre-supply inspection, the better. Some home inspectors will only do “full” home inspections.
Home buyers must also understand that general contractors are not home inspectors. Asking contractors to walk around the house to observe property conditions is not a home inspection.
