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 opinions — for example, a structural engineer, should the inspection disclose faults in the building structure, or an HVAC expert if the furnace isn’t in working order. Note: In the State of Florida, all residential real estate transactions use the AS IS Contract. The AS IS Contract affords the Florida home Buyer the right to cancel an offer for any reason or no reason during the inspection period. This inspection period is a part of your offer, so make sure you and your real estate agent have a thorough conversation about this. I make this conversation a priority with all of my buyers! The AS IS Contract allows for up to 15 days, but in this sellers market, the standard is 5 to 7 days. Timing of the inspection and follow up report should allow you the opportunity to review the inspection report fully so that you are knowledgable and comfortable with the findings, and/or that you are able to list corrections that you will request be made, and/or identify the amount of monetary concessions that you are requesting to manage the corrections yourself.
INSPECTIONS, INSPECTOR, AND COMMON MISTAKES
There are different types of house inspections available. General or residential inspections will observe and give an evaluation of the house elements and systems. The list below contains points that can be enhanced or some of the points excluded. Nevertheless, here’s an idea of what should/ will be examined in a comprehensive residential inspection (which costs approximately $300 to $500): • Exterior: Water drainage systems and condition of
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