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 ...
Shortly after review, the home inspector provides a report listing defects that need repair. Read it carefully and ask about anything you don't understand. If the home fails inspection Significant problems, such as unstable foundations or roofs, need labour and expense. You may want to include...
This independent, objective assessment of the home can be a good counter-balance to the more emotionally charged impression of the property you might have after imagining yourself living there. Find the Best Mortgage Rates in CanadaCompare customized mortgage rates from Canada’s best lenders and br...
Brendon DeSimone
Expect to receive a Closing Disclosure about three days before the scheduled closing. You can compare this with your Loan Estimate to ensure there are no unexpected changes. 8. Do a final walk-through Even if your initial home inspection went smoothly, it’s still a good idea to do a ...
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...
buyers are typically able to walk away from the home "within the inspection timeframe" unless they signed a binding document—avoid doing this until you feel confident. Finally, hold onto the invoices from all of the repairs, so you can successfully settle and obtain the deed to your property...
Receiving approval and closing on your new house can be exciting and daunting. Here's a checklist of what you can expect during the closing process.
A professional inspector will use a thermal imager to detect moisture that you would not be able to see. The professional home mold inspection will also include a thorough leak detection and moisture analysis, air quality analysis, relative humidity testing, and drainage evaluation. Some ...
A septic system inspection. All of these items should be part of ahome inspection checklist. How Long Does a Home Inspection Take? The time to complete home inspections can vary based on the property size. You can expect most inspections of homes to take between 2-4 hours. ...