The inspection is one of the most important parts of buying a home.
The contract establishes a period during which we can carry out a thorough physical inspection of the property to determine possible “hidden” damage or deficiencies that warrant repairs that we could not observe the day we saw the property.
Professional home inspectors are often experienced in construction and/or repair work and know what to look for in an inspection. Your report should identify any major issues with the property, as well as any cosmetic issues that need to be addressed.
In some cases, the buyer can negotiate with the seller to have the repairs done before the property closes. In other cases, the buyer may decide to buy the property “as is” and make the repairs himself after taking possession. In any case, it is important to have a professional inspection before making such a large purchase.
The purchase/sale contract must establish:
Deadline for inspection.
Maximum amount of estimated repairs or damages that would allow cancellation of the contract.
Who should carry out the inspection and how?
It can be done through a licensed inspector who uses instruments, tools and techniques that allow accurate measurement.
Professional home inspectors use a variety of tools and techniques to assess the condition of a home. They can include appliances, heating and air conditioning systems, water heaters, electrical wiring, roofing, plumbing and water pressure, electrical switches, water quality and fountains, septic systems, and plumbing. presence of pests. By thoroughly evaluating all of these areas, a professional inspector can provide an accurate assessment of a home’s condition. This information can be invaluable to potential buyers who want to make sure they are making a good investment.
The inspector prepares an extensive report with an estimate of repairs or replacements that will give you a very clear idea of the condition of the property.
Is it the seller’s responsibility to repair everything specified in the report?
No, this inspection only allows the buyer to make a decision to go ahead, “try” to negotiate or terminate the contract according to the amount and/or date established in the clause.
Is it expensive to carry out a property inspection?
Professional home inspectors typically charge between $250 and $800 for their services, depending on the size and type of property. Buyers are responsible for paying for the inspection, which helps ensure the property is in good repair and free of any major defects.
