Knowing this, you can use resources like the American Society of Home Inspectors (ASHI) search tool to Find a Home Inspector near you. What Happens After an Inspection? Here's exactly what your inspector should tell you after the inspection is completed, according to Frank: What repairs need...
Do You Need a Home Inspection? Because a home inspection can provide a thorough assessment of the home's safety and condition, it is always a good idea to have a one before purchase. What Happens When a Home Inspector Finds Something Wrong?
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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'...
Asbestos is a natural mineral and carcinogen that causes mesothelioma. Learn about how to identify it, cancers caused by asbestos and asbestos litigation.
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What Happens if a House Doesn't Appraise for its Sales Price? If an appraiser reports the valuation as lower than the agreed-upon sale price, the lender will likely be unwilling to approve a mortgage above the appraised price. If a home does not appraise for its sales price, you have w...
If the appraiser expects to be paid a percentage of the home's value, it signals an unethical practice and should be avoided. What Happens After the Appraisal? If all goes well, the appraisal gets slipped into the pile of paperwork and the closing process takes one step forward. ...
What happens if the appraisal comes in too high or too low? An appraisal report can reveal one of three things: The home’s value is higher than the sales price you and the seller agreed on The property’s value is equal to the sales price ...
A homebuyer may have a contingency written into an offer to buy a house only if it passes inspection. An unsatisfactory inspection report can result from issues that were not detected when the buyer first looked at a property. There may be damage to the foundation or hidden problems such as...