Home Inspections - To Have or Not To Have
We always recommend that our buyers have a home inspection done, even if they are buying a new construction property. Buying a property, whether it be for personal use or as an investment costs a lot of money. It makes sense that you want to know as much as possible about it. In the market we have now, it's also a good idea for sellers to have a home inspection done at the time they list their property for sale. Having all repairs addressed before any buyers even step foot onto the property, can give the seller peace of mind knowing that there shouldn't be any 'last minute surprises' that can undermine the sale.
The more buyers are informed about the property, the smoother the transaction will be.
If the buyer is having an inspection, they should ask the sellers and inspector if they can be present during the inspection. This way, the buyer can see first hand any items that may appear on the report and discuss with the inspector their importance.
There will always be something on an inspection report, but they do not have to be deal breakers. Be informed and then make a decision. We always refer to the inspection as the second negotiation point.
As a footnote: Read the contract - just because an item appears on the inspection report, does not mean the seller is required to have it repaired. Only items covered in the contract are required to be repaired or have a provision for.
The more buyers are informed about the property, the smoother the transaction will be.
If the buyer is having an inspection, they should ask the sellers and inspector if they can be present during the inspection. This way, the buyer can see first hand any items that may appear on the report and discuss with the inspector their importance.
There will always be something on an inspection report, but they do not have to be deal breakers. Be informed and then make a decision. We always refer to the inspection as the second negotiation point.
As a footnote: Read the contract - just because an item appears on the inspection report, does not mean the seller is required to have it repaired. Only items covered in the contract are required to be repaired or have a provision for.
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