Property Inspection
Frequently Asked Questions
A property inspection typically covers the following areas: roof, exterior, structure, plumbing, electrical, heating, cooling, interior, insulation, and ventilation. The inspector will evaluate each of these areas and provide a detailed report with pictures on their condition. A property inspection is important for several reasons. It can help you identify any issues or defects with the property before you buy it, giving you a better understanding of its condition and potential costs for repairs or maintenance. It can also help you negotiate the price of the property and make an informed decision about whether to proceed with the purchase.
Buyers are free to hire an inspector of their choice. We have a number of home inspectors that we trust and have worked with for years that we can refer to you. Inspections can cost anywhere from $300 - $600+ depending on the size of the home or condo, and depending on what inspections you would like to have done. Some home inspectors will offer sewer scopes, lead based paint tests, and mold tests for an additional fee.
The Seller Disclosure form is a document that the sellers answer, to the best of their knowledge, and is a series of questions about the condition of the home and any known material defects. Seller’s are obligated to disclose any defects or issues they are aware of during the time they have owned the home.
This is a negotiable issue. Depending on the extent of repairs needed, you may simply decide to do the repairs yourself at your own cost after you become the owner. Alternatively, you can ask the seller to have the repairs done, or ask for a reduction in purchase price (or a credit towards your closing costs), and the seller can agree, decline, or offer a partial solution.
No. You simply disapprove of the inspection; no reason is required.
In a competitive situation, some buyers will choose to pay for a pre- inspection and waive their inspection contingency to make their offer more attractive to the seller. Although the buyer risks the cost of the inspection if the offer isn’t accepted, a “pre-inspected” offer has real value for the seller, as it gives the seller peace of mind knowing that the buyer will not walk away or renegotiate during an inspection period
Yours — but we can help you find the relevant resources needed to find out.
A home warranty offers protection for mechanical systems and attached appliances against unanticipated repair costs; coverage extends over a specific period of time and does not cover the home’s structure. This is optional coverage and is purchased separately from a home warranty company.
A new-construction home warranty is a guarantee from the builder for certain features of a new home, such as the materials and workmanship, main components of the house, etc. The warranty coverage period varies depending on the builder.
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