Home inspections are usually optional but highly recommended before buying a house. Some mortgage lenders may require an inspection if the appraiser spots a glaring issue, like a bad foundation. Some VA and FHA loans require an appraisal that includes some inspection aspects, but it's not a ful...
Buying a new home can be exciting, but it can also be a prelude to spending money on things you weren’t expecting. From experience, this is typically where a house’s wiring comes up. Not many young homeowners realize the importance of proper electrical wiring in a new home. It might ...
Thehome inspectionis your opportunity to learn about the condition of your property. This is also a great time to check the septic system. If it has a problem before you close on the property, your real estate agent should be able to recommend a septic inspector. Problems can range from s...
But with private water, you cannot make any assumptions about its purity. Beyond water quality, other problems can arise with wells that you should be aware of and check for before you agree to purchase a home. Getting a good inspection is crucial when buying a house serviced by private wat...
When does the home inspection happen? The home inspection happens after the seller has accepted your offer but before buying the house. To provide enough time for additional inspections or for negotiations with the seller, you'll want to schedule a home inspection as soon as possible once you'...
Presents a guide on inspecting a house before making a deal with the seller. Significance of conducting a house inspection; Suggestions on selecting a house inspector; Cost of the inspection; Role of the buyer during the inspection.EBSCO_bspKiplingers Buying & Selling A Home...
A home inspection is a thorough and objective examination of your potential home to ensure that it's safe, solid and livable. A home inspection typically takes around 2 or 3 hours, depending on the size of the home. The inspector looks through every nook and cranny in the house, checking...
One point to note is the homeowner’s responsibility in a home inspection. The inspector can only do so much, and it falls on you as well to be diligent about your property. It’s up to you whether or not you want to hire an independent contractor for pest control before buying a new...
Conducting a home inspection before the purchase of a home is considered a must. Not only is it for the potential buyer’s safety it is also required by many mortgage lenders and banks. A bank does not want to lend out money on a house that is not in great shape, because if the bor...
Legally, you don't have to get anything fixed after a home inspection. However, you may be unable to obtain financing if the house has electrical issues, water damage, structural issues, damaged roofing, problems with HVAC, poor plumbing, or infestations of pests like rats, mice, or insects...