The seller has accepted your offer, what’s next? An inspection contingency is a common provision in a home purchase contract that gives buyers an opportunity to identify any serious issues before closing on a property. (You should include one.) The buyer usually pays for a professional home inspection. However, on making an offer, some insist the seller pays. So that’s an item for negotiation.
As a homebuyer, the home inspection is your last chance to uncover defects with the house — and potentially get the seller to pay for them — before sealing the deal.
So what should you expect from your home inspection?
A home inspector will look at the interior and exterior parts of home including:
1. Heating system
2. Central air conditioning system (temperature permitting)
3. Interior plumbing and electrical systems
4. Roof and rain gutters
5. Attic, including visible insulation
6. Walls
7. Ceilings
8. Floors
9. Windows and doors
10. Foundation
11. Basement
12. Structural components
Clearly, the inspector isn’t going to tear your home apart to inspect piping and wiring. But the more exterior and interior parts of the home an inspector can access, the more complete the final report will be.
A home inspection generally takes two to four hours, but may take more time depending on the size of the house. After the physical inspection, the home inspector may take a couple of days to send the written report
Buyers should always attend the inspection so they can explore their new home in detail and ask questions during the process. This can give you much more information than the report alone.
When you are working with Whit Harvey, he will provide you with the name of a reputable home inspector, and accompany you throughout the inspection.
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