Getting to the Bottom of Mission Viejo Property Condition Information

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Getting to the Bottom of Mission Viejo Property Condition Information

Myriad Sources of Mission Viejo Property Condition Information

In Mission Viejo residential real estate transactions, the seller has an obligation to disclose the property condition – known material or significant items affecting the value or desirability of the property.  On the other hand, the buyer has the right to inspect or inquire as to the property condition or items affecting the desirability of the property.  In fact, there are pages and pages of forms created by the best legal real estate minds available and sanctioned by the California Association of Realtors (CAR) after countless cases of litigation springing up from some misunderstanding of the property condition.  These forms prompt the seller to remember things that a buyer may be interested to know.  These forms are much easier than handing a seller a blank sheet of paper and asking for a detailed account of the property condition.  Much less chance that something may be overlooked.  In addition, in Southern California, it is customary for the seller to pay for a report from a Pest Inspector.  This is typically called the Termite Report.

There are also myriad other professionals standing by to assist home buyers in satisfying themselves as to the conditions of the property.  The Home Inspector is the foundation of any buyers’ independent assessment of the property.  The Home Inspector often finds things that the home seller may not even be aware of – especially if it’s something in the attic or under the house in the crawl space.  Buyers should always enlist the services of a Home Inspector to assist them in understanding the condition of the property. Watch this Home Inspection Overview Video for more info.

Depending on the information provided by the seller in those pages and pages of obligatory disclosures, and the pages and pages of information and pictures in the Home Inspection Report, and the Termite Report, the buyer may call in some other professionals such as a Pool Inspector, Roof Inspector, Chimney Inspector, Geological Inspector, plumber, electrician, Heating and Air Conditioning specialist, Mold Inspector, Mold Abatement Specialist, and Window Repair and Replacement specialist.  These professionals will use their specialized knowledge and experience to provide the buyer with the best possible assessment of the condition of the property.

Lesser know tools that buyers may use to understand the condition of the property and material facts that may have a bearing on the value or desirability of the property are the IBWA and IBAN.  The first tool, the IBWA or Inspection By Walking Around, can be used by the buyer morning, noon, and night and on week days and on the weekends.  This tool allows the buyer physically walk around the neighborhood to see the property under different circumstances.  The IBWA can help determine the flow of soccer traffic on Saturdays and Sundays.  It can shed light on were the middle schoolers congregate after school, and can give the buyer a very realistic look at how the neighborhood operates.  In addition, the buyer may use the IBAN – Inspection By Asking Neighbors method.  This is where the buyer goes knocking on the neighbors’ doors, asking questions like “how many children are on this block?” “Do the children walk to school, ride their bikes, take the school bus, or carpool?” “Are there many people with motorcycles in this neighborhood?” “Is there a garage band in the neighborhood?”  “Do you every hear dogs barking in the neighborhood?”  “Is it common for the police to be called in due to public nuisance in the neighborhood?”  The IBWA and IBAN are very cost effective ways of collecting more information on the property condition to help buyers feel comfortable with their purchase.  Or not.

I’m Leslie Eskildsen. Mission Viejo Realtor

949-678-3373

call or text

leslie@leslieeskildsen.com

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