Home Buying Advice - Inspections You Should Require
What types of inspections shoud you have as part of the home buying process.
Inspections You Should Require
Appraisal - If you are buying the property with the aid of a mortgage or loan then the lender will perform a appraisal to ensure that the home is worth what you are paying for it. It you are not getting a mortgage then it is up to you if you have an appraisal or not, but we always recommend that you do.
Home Inspection - We always recommend that you employ the services of a professional home inspection company to check over your property for any defects and other potential problems. The result of an home inspection is a report which can then be used renegotiate renegociate with the seller to either fix the problems you are concerned about or receive money at the time of closing to fix the problems yourself. The home inspection should be performed as early as possible in the sales cycle so that any problems can be addressed as quickly as possible. If you and the seller can not agree on the resolution for any of problems you want addressed you may cancel the contract without incurring a penalty.Return to Home Buying Advice