VAR debuts new home-inspection forms

After almost a year of discussions with REALTORS® and staff about home inspections and negotiations, VAR is pleased to present a new, clearer, and more efficient process.

Purchasing a home is complex, and the new home inspection process is designed to simplify the transaction. It involves two updated forms: VAR 600D (“Home Inspection Contingency Addendum”) and VAR 600E (“Home Inspection Removal of Contingency Addendum”).

Together, they help streamline the typical back-and-forth negotiations after inspection.

The new process also…

  • Removes the Agreed Repairs Addendum as a negotiating vehicle
  • Provides for more flexibility when an inspection reveals defects that are deal killers for the purchaser
  • Allows the purchaser to exercise an option to terminate early in the home inspection process when the deal has no chance of proceeding.

All these are designed to save both parties significant time and frustration.

See more at VARealtor.com/newhomeinspection.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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One Response to VAR debuts new home-inspection forms

  1. Cindy says:

    The newly revised home inspection form has more issues than the poorly designed old form. Stating that the form allows a purchaser to terminate if the inspection is ” unsatisfactory to them” is a stretch!
    I see more litigation coming from this form. something deemed ” functioning” but beyond its normal life, ie. perhaps a roof that needs replacement in 1-2 years perhaps? A heat pump being kept alive with freon infusions? Some buyers may not be able to purchase and “budget” for those items, it seems to me that the purchaser will be forced to purchase or end up in court. How about electrical boxes over toilets , next to showers, once allowed in our county (grandfathered) , but not acceptable and safe for small children today? Purchasers should not have to accept “grandfathered items if they do not choose too, Sellers should not have to bring items up to current code if they do not choose to.
    Purchasers are not aware of issues until the inspection is done. Perhaps this form will entice sellers to pre inspect their homes and have the inspection available before offers are even made.!
    The newly designed form needs to go back to the drawing board!

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