awry.
If major physical damage is revealed during the home inspection, the deal could be called off. This shouldn’t be all that surprising, however. If a home is considered structurally unsound or unsafe to live in, then there’s a good chance the deal won’t move forward, and the purchase will fall through. But you can avoid this pitfall of the home deal falling apart at the last minute because of a home inspection by inspecting the home before closing — both you checking out the property in person, as well as hiring a professional home inspector to conduct an official inspection and report. Yes, the seller will have done this from their end, but you also need to do your due diligence and do this from your end as well.
WHAT TO EXPECT
During this process, different specialists will examine the house to determine its condition and the viability of all the house systems. After the inspections, you’ll receive a report on the state of the house. The report will contain suggestions on future maintenance or repair steps, or the need for additional expert opinion — for example, a structural engineer will be recommended should the inspection disclose faults within the building structure, or an HVAC (Heating, Ventilation, and Air Conditioning) expert will be recommended if the furnace is old or outdated, and isn’t in proper working order. Also, expect to pay anywhere from $300 to $500 for a proper thorough home inspection.
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