An inspection is not a pass-fail exam. No fixes are mandatory after a home inspection, though it may uncover issues that prompt further negotiations with the seller. You’ll learn much about the home and gain confidence in the decision to move into your new address — or find out enough ...
What to expect when buying a home: the dreaded home inspectionBethany Csengeto
After that final inspection, it’s key for you to establish a timeline for all work that needs to be completed. Ask for larger issues to be addressed before you close. Get agreement on when other work will be complete. Ask who’ll do the work. Some builders have a dedicated crew or s...
Though inspections are optional, it is always a good idea to pay the money to have one done before buying a new home in order to prevent you from being blinded by extra costs and repairs after you've settled. According to Freshome, one exception to this rule could be in the case that...
While it is impossible to list everything an inspector could check for, the following home inspection checklist for buyers should give you a general idea of what to expect. Exterior Inspection The inspector will complete a full inspection of the outside of the structure. This will include climbi...
What fixes are mandatory after a home inspection? A buyer’s lender may require that certain structural defects, building code violations, or safety issues be addressed before releasing the money to finance the home purchase. The seller is often responsible for fixing these items, depending on sta...
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Typically, a home inspection is done after a sales contract, or purchase agreement between a buyer and a seller has been signed. For this reason, it's important that the contract include an inspectioncontingency(also known as a "due diligence" contingency), which allows a buyer time to find...
Why do home insurance companies require home inspections? Most providers require home inspections for insurance either before or after issuing a policy, especially those in catastrophe-prone states like Florida. This is to make sure the home meets underwriting requirements. The inspection may also reve...
What are the Steps to Conduct a Home Inspection? When the skies clear after a storm, it’s time to assess the damage done. If your home shows signs of extreme wear, it would be best to call a professional to assess the situation. ...