A home inspection is a visual exam of the structure and systems of a house. It details problems with the property and if they’re serious enough to prevent a sale. The three main points of an inspection are physical condition, items in need of repair or replacement, and the remaining useful life of major systems.
A report won’t cover defects that are not visible, inoperable systems (e.g., A/C during the winter), or code violations.
It’s a good idea to be present during the inspection: you can ask the inspector questions, and the inspector can point out areas of potential trouble and may offer maintenance tips.
Expect an inspection to take 2-5 hours (old homes may take longer), and expect charges of $150-$500 depending on size.
The seller is not required to make repairs, but the buyer can use the report in negotiating (e.g., if a repair is made, the buyer will offer to pay more, otherwise the buyer maybe able to cancel, when a As-Is Contract is used).
To hire an inspector, get recommendations from your Realtor or from others who have used them, or check the phone book under “Home Inspection.” Be sure to ask about references, memberships in professional associations, professional training, and experience.
Here are the steps to your purchase:
1. We make the offer and come to agreement in terms with the seller in writing.
2. Once contract is signed by all, the inspection must be completed within the 7-12 days period. During this time you will have the Right to cancel the entire deal/contract and have your funds deposited returned to you for any reason.
3. After the 7-12 day and the inspection, and your choose to continue moving forward, you will now apply to the Association or HOA for any possible screening and approval required.
4. Once approved by Association/HOA and the title company has completed all lien searches, and title work needed to provide you a free and clear title. The closing will be scheduled for you to close.
5. For closing, you and my office will complete a Walk Thru on the day of closing to ensure the seller is turning the property over to you in its condition that you first say it. After the acceptable walk thru you would go to the closing office or a mobile closer come to your place of choice to have you sign documents. Note; you will be required to wire funds into the title company for closing. No cash, or checks can be used for closing.
7. Finally you get keys, set up FPL, order Cable additional services you desire, WiFi, have work done to the unit, and move in.
8. We are here to assist you with all your desires. This we promise will be a very smooth transaction for you.
Congrats on you wonderful Find!!