The purchase contract usually includes an inspection contingency — a period of time when the buyer can inspect the property or order a professional home inspection, and pull out of the contract with no penalty if the buyers don’t like what they see.
A professional home inspector will usually look at:
Heating system Central air conditioning system (temperature permitting) Interior plumbing and electrical systems Roof Attic, including visible insulation Walls Ceilings Floors Windows and doors Foundation & Structural components Basement
Inspections are usually performed at the buyer’s expense. The average cost of a home inspection in the US is $277-$399, but depending on the home, it could be a lot less, or a lot more. Don’t be alarmed if the inspector reports a long list of defects. No home is perfect. I will help you identify which defects are no big deal and which ones might be grounds to renegotiate or even cancel the contract.
1 3 · 2024 Buyer Guide
Powered by FlippingBook