Inspections. Buying, Selling, Flipping

When you get ready to buy a new house or put your house up for sale, the house will almost always have  professional inspections. And if you buy a house with the intent to renovate and resell it, get ready for 2 sets of inspections in a short period of time- when you buy, and when you sell. Licensed Realtor and Contractor, Bobby Curtis discusses the what’s and why’s of this with Tra’Renee Chambers on KATU. Watch here or check out his highlights below.

Lets talk about When You Buy

As a licensed Contractor and a licensed Realtor, I still get inspections before the purchase and you should too. Here’s why:

Inspectors are inspecting many houses in the area we’re buying houses every day. They see all the good and all the bad in detail, have more experience than most of us, and offer a ton of information. They provide a thorough inspection report with pictures. If you need to negotiate and repairs or credits, you have detail of the situation that the sellers may not know about their own house. Inspectors are a non-biased independent third party. As much as I like to keep my own emotions out of a real estate investment, having an inspector give me the facts, helps keep me in check

There are 4 standard inspections that are common to conduct while in the inspection period in the Portland area. 1. Whole home general inspection. 2. Sewer scope to ensure a compliant, functioning sewer line. 3. Oil tank scan, to see if the property has one, and ensure it is in good shape. 4. Radon test, to ensure low levels of radon in the house.

Before getting into contract, I always have a budget with detail on what I plan to spend money on and how much. After the inspection, I’m able to make adjustments. (ie you may have thought you needed a new roof, but alas it just needs moss removal)

Lets talk about When You Sell.

The buyers will almost always get all 4 of the previous inspections, and maybe more. Even better if you can provide them the clean sewer scope, radon test, and oil tank scan results showing everything is in good shape. This gives your new buyers extra confidence in the house. Keep in mind, if this is a house you remodeled and something came up on your inspection that you did not fix, there is a good chance it will come up for the new buyers.

Know that even if you fix everything that pops up on your inspection report, the new buyers inspectors are bound to find some things. It is essentially part of their job to find things wrong with the house, and most of these Portland area houses are older.

If you have an inspection-type question you’d like to ask me, or want help buying or selling your next property or home, give me a call. I’m happy to help.

Bobby Curtis
Principal Broker
Licensed in Oregon
Licensed Contractor CCB# 215071
503-502-3066
bobby@livingroomre.com

Bobby Curtis

Principal Broker & Licensed Contractor

Meet Bobby Curtis.  Buyer’s agent. Listing agent.  Renovator. A gentleman hailing from the great state of Michigan, Bobby harnesses equal parts brains, brawn, and enthusiasm for every client and every project.  After graduating from the University of Michigan, Bobby embarked on a career in the pharmaceutical industry focusing on sales, marketing, and consulting.  In those five years, he was even lucky enough to roam around Europe for short stint in Geneva, Switzerland.  Nevertheless, the European dream paled in comparison to a quality brat and a good American brew, and alas, Bobby traveled back stateside where he traded in his suit for a high-quality flannel and some Carhartt’s.  After purchasing his first house to flip, Bobby rolled up his sleeves and started in on what would become his passion – transforming houses into homes by unleashing the beauty of each unique property. Since 2010, Bobby has bought and restored many houses in Portland, both large and small, with great success.  Armed with extensive first-hand knowledge of house restoration, Bobby offers his clients an exceptional eye to pinpoint property potential and value.  Whether you are searching for complete fixer property or a dialed-in and buttoned-up home, Bobby is happy to guide you through the process of finding your perfect place.  If you are selling your property, Bobby’s keen eye will help you showcase all of your property’s best features.  As an experienced buyer’s agent, listing agent, and renovator, Bobby is well-versed in the negotiation process. If you’re looking to get a sneak peak of Bobby in action, you can catch him (and his mom) on First Time Flippers, which will be airing on the DIY Network in March 2016.  That’s right, he helped his mom flip her first house . . . and he’s still here to talk about it. Check it out here Contact Bobby at: 503-502-3066 or bobby@livingroomre.com Licensed Contractor #215071

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• T: 503-502-3066
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• bobby@livingroomre.com