How can i find a property check list ?

Question

Hey everyone, my name is Alexis . I am new here. Would anyone be able to assist me with finding a property check list ?

Nathan Gesner · Answer

What kind of checklist? Inspecting before buying? Inspecting after a Tenant moves out?

Check out File Place: https://www.biggerpockets.com/...

The link is located in the footer of every page on the left side. This is an area where members can share spreadsheets, forms, documents, pictures, and more. You may find something there.

If you find a file you like, be sure to leave it a review!

Mike Hasson · Answer

I commend the the proactive approach you are taking, and while I don't have an exact list per se, I can tell you what I did with the house I'm currently selling. I had done as much work as was feasible, to make the home presentable for showings, but there will always be more to fix and work on and improve, so as soon as picture day for the listing came, that's where I pulled the plug on any more projects, and accepted that any further work would have to be requested as part of negotiations. Then I accepted an offer with a VA loan, so I looked up the VA requirements and realized there was a few more things I could do to make the VA appraisal go smoothly. Probably minor, and might not have even been noticed (they arent inspectors), but in an effort to keep the transaction smooth I just did it. That appraisal was 2 weeks ago and I haven't received any repair requests so I believe it to have been worthwhile. Hope that helps!

Alexis Graham · Answer

Ok thank you henry clark! yes this will be my first time.

Mike Hasson, the checklist is for repairs and financing approval. But thank you for explaining that mike I appreciate that.

Henry Clark · Answer

If you’re the seller I wouldn’t do a checklist.  Especially if this is your first time.  Select an active realtor.  Have them walk thru the house with you and make recommendations. You want a fresh set of eyes versus your own.  Structurally or hvac plumbing electrical wise you should already know the issues. Talk with your realtor and decide whether to address them.

Mike Hasson · Answer

What's your goal with the checklist? Making repairs? Getting financing approval? Maximizing value? Cleanout for your buyer? Getting ready for openhouses? Or even pre appraisal?

these all might have different approaches, for example I'm a fan of pre listing inspections to get a leg up on repairs, but keep in mind the things the inspector find are different from what an appraiser will look for (and the appraiser is the one who ultimately determines the value), and nobody will should expect a home to be free from the defects an inspector will find. Furthermore FHA and VA loans will have their own requirements for getting a loan approved so you may want to focus on those factors.

Understanding your goals will help us to provide useful guidance

Alexis Graham · Answer

sorry let me clarify a Seller Inspection checklist.

How can i find a property check list ?

Most Popular Reply