Go Back   InterNACHI Inspection Forum > >

Notices

Legislation, Licensing, Ethics & Legal Issues for Inspectors Use this forum to discuss current and proposed legislation on home inspector licensing, and other legal issues affecting home inspectors. Inspectors from all associations welcome.

Reply
 
Thread Tools
  #1  
Old 2/16/15, 3:59 PM
Will Jones, TN 822 Will Jones, TN 822 is offline
Certified Professional Inspector (CPI) ®
 
Join Date: Feb 2004
Location: Nashville, TN
Posts: 187
Default Contingency Period?

Whats the average contingency periods you guys are seeing? It seems like here in Nashville most of the agents only have a 10 day period. I got on this topic with another inspector I work with up in New York. He says it's usually a minimum of 15 days where he is at. We were talking about EEMs and I told him the closing dates are so close I really never get to do any. Today we've got an ice storm slowing things down and agents are freaking out because they only have a few days on the contingency. I've already done two today but I've got to push some back because it takes forever to get anywhere here when they even forecast snow.



tnproinspections.com
TN license #822
RESNET Rater #1882688
Reply With Quote
Need a home inspection in West Virginia? Check out InterNACHI's listing of West Virginia certified home inspectors. Or, find a home inspector anywhere in the world with our inspection search engine.
  #2  
Old 2/16/15, 4:02 PM
Tracy L. Echols Tracy L. Echols is offline
Certified Professional Inspector (CPI)
 
Join Date: Jan 2013
Location: Richland, MS
Posts: 179
Default Contingency Period?

In MS, 10 days is normal although 7 days is becoming more frequent.



Tracy Echols
Echols Home Inspections, LLC
(601) 942-9260
Jackson, MS

www.echolshomeinspections.com
tracy@echolshomeinspections.com
www.facebook.com/EcholsHomeInspections
Reply With Quote
  #3  
Old 2/16/15, 4:16 PM
Will Jones, TN 822 Will Jones, TN 822 is offline
Certified Professional Inspector (CPI) ®
 
Join Date: Feb 2004
Location: Nashville, TN
Posts: 187
Default Re: Contingency Period?

Yeah I'm starting to see a bunch of 7 days too. What's the deal why are they signing these contingency periods with so little time to do anything?



tnproinspections.com
TN license #822
RESNET Rater #1882688
Reply With Quote
  #4  
Old 2/16/15, 4:18 PM
Michael L. Marlow Michael L. Marlow is online now
Certified Master Inspector
 
Join Date: Feb 2014
Location: San Antonio, TX
Posts: 443
Default Re: Contingency Period?

10 days in MD, but some of the banks are doing 5 on foreclosures. That makes life fun, especially when it's on well/septic or in a high radon area. Oh, and the utilities are off!



Michael Marlow
Veteran Home Inspections®
Bandera, TX
210-202-1974
TREC-22424
Serving San Antonio. TX and the Hill Country

Certified Master Inspector®
www.vhillc.com

Reply With Quote
  #5  
Old 2/16/15, 4:51 PM
Kevin M. Leonard, CMI's Avatar
Kevin M. Leonard, CMI Kevin M. Leonard, CMI is online now
Certified Master Inspector ®
 
Join Date: Nov 2003
Location: Cincinnati & SW. Ohio
Posts: 16,881
Default Re: Contingency Period?

7 or 10 days is the norm here in SW Ohio.

I have seen as low as 5 days and as many as 30.



Kevin M. Leonard
The Ohio Home Inspections Company
Cincinnati Ohio
513-895-7700
Reply With Quote
  #6  
Old 2/16/15, 4:57 PM
Dave Range, CMI's Avatar
Dave Range, CMI Dave Range, CMI is offline
Certified Professional Inspector (CPI)
 
Join Date: Sep 2011
Location: Shooting birdies in Ohio
Posts: 2,633
Default Re: Contingency Period?

Quote:
Originally Posted by kleonard View Post
7 or 10 days is the norm here in SW Ohio.

I have seen as low as 5 days and as many as 30.
Same here in NE OHIO.

If the utilities are off it is usually not a problem getting an extension.



Hearth and Homes Inspections
440-954-0465
www.homeinspectorofmentor.com
www.euclid-home-inspector.com
www.hearthandhomesinspections.com
www.lakecountyohiohomeinspectors.com
Control your own destiny, or someone else will.
Reply With Quote
  #7  
Old 2/16/15, 6:08 PM
Robert W. Newland, JR.'s Avatar
Robert W. Newland, JR. Robert W. Newland, JR. is online now
Certified Professional Inspector (CPI)
 
Join Date: Oct 2005
Location: TYRONE, GA
Posts: 3,529
Default Re: Contingency Period?

10 days is the average here. One real estate office that sends me a lot of work has 14 days due to the availability of inspectors (according to the broker).



Robert Newland, CMI
Tyrone, GA 30290
NACHI05101290

http://www.CertifiedHI.com
http://www.HomeInspectorTyroneGa.com

Home Inspection Reports Powered by:
HomeGauge eServices

Reply With Quote
  #8  
Old 2/16/15, 6:29 PM
David A. Andersen, TN HI# 40's Avatar
David A. Andersen, TN HI# 40 David A. Andersen, TN HI# 40 is offline
Certified Professional Inspector (CPI) ®
 
Join Date: Jun 2005
Location: Nashville, TN
Posts: 10,385
Default Re: Contingency Period?

7-10 days. Mostly 10.



"working together to get-IR-done" Chris Walsh
Bracebridge, Ontario:


David A. Andersen & Associates
Clarksville - Nashville Home Inspector Lic#40
http://www.midtninspections.com
ITC Level III Thermographer Cert#1958
Building Science Thermographer Cert#33784
http://www.thermalimagingscan.com
HVAC Certification EPA Cert#2046620
BPI# 5015804
Link to my Website at: http://www.midtninspections.com/link-submission
Reply With Quote
  #9  
Old 2/16/15, 6:37 PM
Marcel R. Cyr, CMI's Avatar
Marcel R. Cyr, CMI Marcel R. Cyr, CMI is offline
Certified Master Inspector ®
 
Join Date: Jul 2004
Location: Winslow, ME
Posts: 29,705
Default Re: Contingency Period?

Mostly 10 except when they call with 5 days left and need an inspection ASAP



CMI 2004-2017 Retired

Awards Committee Member
U.S. Member of the Year Winner 2009
45 Years Residential/Commercial Builder
Submit your AWARDS NOMINATIONS here
The InterNACHI Awards Committee is the final authority of issuance of any award the committee offers.
Reply With Quote
  #10  
Old 2/16/15, 7:36 PM
Jeffrey R. Jonas's Avatar
Jeffrey R. Jonas Jeffrey R. Jonas is online now
Certified Professional Inspector (CPI) ®
 
Join Date: Feb 2007
Location: Minnesota & Northern Iowa
Posts: 29,872
Default Re: Contingency Period?

Used to be 7-10 (business) days was the norm until about two years ago... now, 7 (any) days is the norm... and a lot of 5's (your lucky to get those) days are getting thrown in the mix! When 5's become the norm, my fee's will increase accordingly.



Jeffrey R. Jonas
Owatonna, Minnesota



"I am not a teacher, but an awakener."
- Robert Frost, American poet (1874-1963).

"We Respect Our Clients Right to Privacy"

Reply With Quote
  #11  
Old 2/16/15, 8:18 PM
Bob Elliott's Avatar
Bob Elliott Bob Elliott is online now
Certified Professional Inspector (CPI) ®
 
Join Date: Aug 2006
Location: Chicago
Posts: 37,587
Default Re: Contingency Period?

5 days is standard here which is why I find it strange guys saying they are booked 2-3 weeks out.
My calls for the week usually come Sunday through Tuesday.
Reply With Quote
  #12  
Old 2/16/15, 8:34 PM
James E. Braun, CMI's Avatar
James E. Braun, CMI James E. Braun, CMI is online now
Certified Master Inspector
 
Join Date: Jan 2005
Location: Jefferson City, MO
Posts: 9,627
Default Re: Contingency Period?

10 days. My regular referers usually will make sure I get 15 days.



Braun Inspection Consultants
Serving Jefferson City, Columbia, Sedalia, Fulton and Lake of the Ozarks
Reply With Quote
  #13  
Old 2/16/15, 10:09 PM
Marc A. Goldenberg's Avatar
Marc A. Goldenberg Marc A. Goldenberg is offline
Certified Professional Inspector (CPI) ®
 
Join Date: Feb 2004
Location: Boca Raton, FL
Posts: 5,546
Default Re: Contingency Period?

7 - 10 days down here.
Except for Fannie Mae or Freddie Mac foreclosures.
They usually only give 5.



http://www.alltropic.com


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Awards Committee Member
SUBMIT YOUR AWARD NOMINATIONS HERE

The InterNACHI Awards Committee is the final
authority of issuance of any award the committee offers.
Reply With Quote
Need a home inspection in West Virginia? Check out InterNACHI's listing of West Virginia certified home inspectors. Or, find a home inspector anywhere in the world with our inspection search engine.
  #14  
Old 2/16/15, 11:22 PM
Shawn D. Staggs, CPI's Avatar
Shawn D. Staggs, CPI Shawn D. Staggs, CPI is offline
Certified Professional Inspector (CPI)
 
Join Date: Apr 2014
Location: Sarasota, FL
Posts: 2,775
Default Re: Contingency Period?

7-10 days in my area.



Shawn D. Staggs, CPI
Anchor Bay Inspections
Florida Licensed Home Inspector HI8446
941-676-2375
Serving Sarasota, Bradenton, Longboat Key, Anna Marie Island
Holmes Beach, Palmetto, Venice, Port Charlotte and Punta Gorda
Home Inspection - Wind Mitigation - Four Point Inspections
Reply With Quote
  #15  
Old 2/17/15, 1:52 AM
Dan Bowers, CMI, ACI's Avatar
Dan Bowers, CMI, ACI Dan Bowers, CMI, ACI is online now
Certified Master Inspector
 
Join Date: Oct 2003
Location: Shawnee Mission, KS
Posts: 9,465
Default Re: Contingency Period?

10 days has been the norm for 10 years in KC.

This past year I started seeing more 7 days AND with foreclosures 5 days.

Why do you think the REA's shorten the time span ...... Forced urgency, less time to get buyers remorse OR hash it over with Uncle Paul.
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 3:46 PM.
no new posts