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Fireplace? Check. Check. Check. Basement finished? Yep. You’ve been looking for a home for some time and you now think you have found it.
How can you ensure that there are no hidden issues with the property which will require costly repairs or upgrades once the keys have been given to you?
An inspection of the home by a qualified inspector may reveal serious issues that you should be aware of before signing a contract.
Why is it so important to get an inspection performed before buying or selling a house?
You would take a used vehicle to a mechanic to ensure you were getting a fair deal. A home purchase is a major investment. Knowing as much as possible about the product you’re buying makes sense. We all know how to live a house but we’re not experts in the mechanics of a home. You should call an expert.
Professional inspections can reveal hidden issues. The majority of buyers want to be sure there are no major problems before closing.
What should the inspection checklist include?
The standard inspections include HVAC (heating ventilation and air conditioning), electrical, plumbing, foundation, roof, and roofing. More and more mold and radon tests are being performed.
Before closing, any system or structure the buyer is concerned about should be checked. You can have individual systems, such as the electrical system or roof, inspected. Or you can hire an inspector to do a full house inspection. The inspector will check everything from the roof down to the crawlspace or basement.
It can be expensive and messy to discover after the fact that there’s a problem.
Who is responsible for the inspection and why?
Select a reputable inspector that is a part of an association with standards and ethics. You need an inspector that is trustworthy and thorough, especially if there are any issues that may lead to further negotiations.
Who pays the inspection costs?
I recommend that sellers perform a pre-listing home inspection in fulshear tx, which includes a sewer and whole house. So they can fix any major issues before pricing their home and putting it on the market. In this situation, the seller pays. In most Realtor association contracts, the buyer is required to pay for any inspections that the buyer requests. However, this can be negotiated. Buyers using the Sunflower Association of Realtors contract form will specify in their offer what inspections they want, who will conduct the inspection, and the estimated cost.
What other information should people know about home inspections
Although most home inspectors have professional training, they’re not perfect. The inspections are non-invasive. Inspectors are not responsible if, for example, furniture is placed on top of a hole or a crawlspace is blocked. Most inspectors have a good reputation and add value to the process.
Inspections aren’t appraisals. To determine the value of your home, you will need an appraisal from your lender. An appraisal will not reveal defects as an inspection would. Inspections are not warranties or guarantees. The inspection is only a snapshot in time of the current condition of the house.
Inspections will likely reveal problems. There will always be problems, no matter how well maintained or new a house is. It’s important to look for things like a reversed electrical socket or a loose tile, but the main purpose of the inspection is to identify potential costly repairs. Focus on the major issues.
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