How to Navigate Home Inspections and Repairs in New Jersey

Home Inspections and Repairs in New Jersey

When buying or selling a home in New Jersey, navigating the inspection and repair process can be a critical step. It ensures the home is in good condition and that buyers and sellers are aware of any potential issues before closing the deal. Here’s a guide to help you understand how inspections and repairs work, what to expect, and how to handle them effectively.

1. Understanding the Home Inspection Process

 A home inspection is a thorough evaluation of a property’s condition, conducted by a licensed home inspector. The purpose of this inspection is to identify any major or minor issues that may need attention before a sale is finalized.

Key areas inspected typically include:

• Structural components: Foundation, roof, walls, and framing.
• Systems: Plumbing, electrical, heating, and cooling.
• Exterior: Roof, siding, windows, and doors.
• Interior: Ceilings, walls, floors, and insulation.
• Pest inspection: Checks for signs of termites or other pests.

In New Jersey, it is common for buyers to schedule an inspection shortly after their offer is accepted, and it must be done within the contingency period outlined in the contract.

2. What Happens After the Inspection? 

Once the inspection is complete, the inspector provides a detailed report outlining any issues found. These issues are typically categorized as:

Minor repairs: Cosmetic issues, small leaks, or outdated fixtures.

Major repairs: Structural problems, plumbing or electrical hazards, or HVAC issues.

Safety concerns: These can be related to faulty wiring, radon, mold, or even lead-based paint (common in older New Jersey homes).

The buyer will review the report and decide how to proceed. At this point, they can:

• Request repairs from the seller.
• Ask for a credit or price reduction to cover the cost of repairs.
• Proceed with the sale as-is.

3. Negotiating Repairs 

In New Jersey real estate transactions, sellers are generally not obligated to fix everything on the inspection report. Negotiations usually center around addressing major defects, safety concerns, or code violations.

As a buyer, you should prioritize the most critical repairs, especially those related to safety or structural issues. Sellers might agree to handle these repairs, or they may prefer to offer a credit so you can handle the repairs after closing.

4. Key Repairs to Focus On 

Not all repairs are created equal, and when it comes to inspections, there are certain items that both buyers and sellers should focus on:

Roofing issues: Leaks or damage to the roof can lead to costly repairs down the line. It’s common for buyers to ask sellers to address these concerns.

Plumbing and electrical systems: These are crucial for the home’s functionality and safety. Any deficiencies here should be repaired before closing.

Foundation or structural concerns: Major cracks or shifts in the foundation can affect the overall integrity of the home.

Radon or mold remediation: In New Jersey, radon testing is common, as elevated levels pose health risks. Mold should also be addressed, especially if it’s widespread or in problematic areas.

5. Repair Deadlines and Responsibilities 

In New Jersey, the contract will specify deadlines for completing inspections, negotiating repairs, and moving forward with the transaction. Both parties must adhere to these timelines.

For buyers: Make sure your inspection is completed promptly and that any repair requests are reasonable and submitted before the deadline.

For sellers: Review the buyer’s requests carefully and work with your agent to negotiate any repairs or credits. If repairs are agreed upon, they must be completed before the closing date.

6. Who Pays for What? 

In most cases, the buyer pays for the inspection, but the cost of repairs is often up for negotiation. There is no hard-and-fast rule; however, sellers are typically more willing to cover the cost of major repairs or offer a credit in highly competitive markets like New Jersey. The key is finding a fair compromise that satisfies both parties.

7. Post-Inspection: Closing the Deal

Once inspections and repairs are settled, the buyer will conduct a final walkthrough before closing. This is the opportunity to ensure that agreed-upon repairs have been made and that the home is in the expected condition.

8. Hiring the Right Professionals 

Whether you're buying or selling, having the right professionals by your side during the inspection and repair process is crucial. Hiring a qualified inspector and, when necessary, licensed contractors to handle repairs ensures that the home’s condition meets legal and safety standards.

At The Sold Collective, our experienced agents are here to guide you through every step of the process, from scheduling inspections to negotiating repairs and ensuring a smooth closing. If you have any questions or need assistance, contact us today!