AFY Kim Blue - Home Buyers Guide V1 - 3020

is one of your first opportunities to fully take a tour around the house, with a house inspection expert, and see its features and condition up close. The second most common mistake is to go to the inspection and be too afraid to ask questions about what you see. Some things that are common knowledge to the inspector might be new to you. Ask. Don’t be intimidated about asking for an explanation if you don’t understand what’s going on. Another mistake that buyers make is leaving without checking the utilities. They might be turned off, but you should ask for them to be turned back on to make sure there are no leaks, and that everything is connected correctly. All house inspection conditions apply to new homes, as well. Newly built houses can also have issues. Buying a house will likely be the biggest purchase in your life, and this isn’t the time to gamble with such a large amount of money at stake. When buying a home, get an inspection prior to signing.

WHAT TO DO AFTER THE INSPECTION

After receiving an inspection report, there are two possible outcomes about how the situation may develop. In the best-case scenario, everything is fine, the house is in exemplary condition, and no further work is required. You’re good to go with other paperwork. A more usual scenario is that the house requires minor repairs. This may involve negotiations that the repair be done and inspected before moving along, or some price concession to account for your expense to make repairs. The worst-case scenario is that the house needs major investment not contemplated in the offer; for example, the roof has exceeded

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