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Why
you should get an Inspection
Whether you are buying or
selling a home, you should
have a professional home
inspection performed.
A
home inspection will look at
the systems that make up the
building such as:
- Structural elements,
foundation, framing etc
- Plumbing systems
- Roofing
- Electrical systems
- Cosmetic condition,
paint, siding etc
If
you are buying a home, you
need to know exactly what
you are getting. A home
inspection, performed by a
professional home inspector,
will reveal any hidden
problems with the home so
that they may be addressed
BEFORE the deal is closed.
You should require an
inspection at the time you
make a formal offer. Make
sure the contract has an
inspection contingency.
Then, hire your own
inspector and pay close
attention to the inspection
report. If you aren't
comfortable with what he
finds, you should kill the
deal.
Likewise, if you are selling
a home, you want to know
about such potential hidden
problems before your house
goes on the market. Almost
all contracts include the
condition that the contract
is contingent upon
completion of a satisfactory
inspection. And most buyer's
are going to insist that the
inspection be a professional
home inspection, usually by
an inspector they hire. If
the buyer's inspector finds
a problem, it can cause the
buyer to get cold feet and
the deal can often fall
through. At best, surprise
problems uncovered by the
buyer's inspector will cause
delays in closing, and
usually you will have to pay
for repairs at the last
minute, or take a lower
price on your home.
It's
better to pay for your own
inspection before putting
your home on the market.
Find out about any hidden
problems and correct them in
advance. Otherwise, you can
count on the buyer's
inspector finding them, at
the worst possible time. |
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