Loni Lueke REALTOR® - The Do's and Don'ts in your Homebuying Process

tour around the house, with a house inspection expert, and see its features and condition up close. It would be a mistake 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 construction 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, always get an inspection.

WHAT TO DO AFTER THE INS O AFTER THE INSPECTION

After receiving the inspection report, there are a few 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 on with the closing process. A more typical scenario is that the house requires minor repairs. This may involve negotiations that the repair must be done and inspected before moving along, or some price concession is needed to account for your expense to make repairs. The worst-case scenario is that the house needs a major repair investment not contemplated in the offer — for example, the roof is leaking and in immediate need of replacement, or the sub-structure leaks and can’t be inexpensively remediated. You might ask the seller to vastly reconsider the sale price, ask for the full amount to fix the problem(s), or, depending on your contract, walk away. The handling of the inspection should be part of the conditions/contingencies in a home sale stating that

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