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Re: Home Inspection Warranty
I had a company marketing to me about this a year ago. Yes, it will set you apart from other inspectors, but will it be negative or positive?
1st. - The waranty timer starts on the day of the inspection. If they do not close for 30 days, they have lost a large portion of the waranty.
2nd. - The 90 day waranty was to home sellers (at least with the company that I talked to) if they had you do a pre-listing inspection, and much less, like 45 days, to buyers if they had you do the purchase inspection.
3rd. - You had to provide them with a report of every inspection that you performed and gave a waranty on.
4th. - Pre-existing conditions are not covered. Even if you missed it during the inspection. This opens you up to a lot of liability. Yes, if the water heater worked when you inspected it and quit during the waranty they would (supposedly) replace it. But good luck with that.
5th. - We all know that the waranty companies are in this to make money. It is impossible to get them to pay anything. There are always loop holes or clauses that excludes them from paying. If a client uses you instead of a competitor because of the waranty, this will not look good on you when they are refused.
6th - We can not predict the usable life remaining in any item within the home, unless it is in need of repair/replacement now in which case the usable life is over. What are the odds that the item will need repair/replacement within that short period of ownership?
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Integrity Inspection Service, LLC
www.irsindy.com
(317) 345-1828
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