The Truth About Inspections

Housing Literacy with Matt Guarino

Welcome Back to Powerful Homes Housing Literacy- the Mindset and Tactics to empower your dreams through real estate.

As discussed in prior episodes of Housing Literacy, the real estate purchasing process for a buyer is similar to taking an option to buy stock. The entire process is controlled by the Buyer subject to series of contingencies and key moments in the transaction: inspection, title, appraisal and loan approval.

One of the most important moments and the one we will review today is the property inspection. Today’s title is the TRUTH about property inspections because there are lots of industry norms that may not be the best and most effective way to create a win-win situation for everyone and - most importantly – an effective and empowering situation for buyers AND sellers.

Housing Literacy is all about: creating winning outcomes through full transparency focused on practical education using real life stories and values-based tactics. The entire real estate industry is in a state of disruption like many industries including medicine, law, accounting and financial services. The main reason is that technology is creating direct access to all of the data as well as the reduction in the friction in executing transactions. Very simply: the consumer now has the information to get things done that used to be completed by many players in the game. But how?

Today, we will talk about the 5 keys to executing well the one of the most important milestones in any real estate transaction: the inspection process.

The quote that summarizes a healthy mindset to adopt in this process is based on the Ronald Reagan quote: Trust but verify. We can expand it to say:

Trust your intuition, verify your assumptions.
As always, feel free to reach out to Matt directly with any questions- 303-885-1644
https://www.homelight.com/blog/how-home-inspection-works/
https://rismedia.com/2020/02/11/home-inspection-buyer-sellers/