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| What is a Home Inspection? | ||
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- During the contingency period, the Buyer or Seller will order physical inspections as specified in the Purchase Agreement. Legislation mandates, under Civil Code 1102, that the seller has the responsibility to reveal the true condition of the property on a Transfer Disclosure Statement. this may help determine what kind of property inspections are desired or necessary.
Your Purchase Sale Agreement will specify who is responsible for the costs of inspections and for making any needed corrections or repairs. It is negotiable between the parties and should be considered carefully. Your agent will advise you what is customary and prudent.
A licensed inspector will examine the property for any active infestation by wood destroying organisms. Most termite reports classify conditions as Section I or Section II. The inspection and the ensuing Section I repair work is usually paid for by the seller. Section II preventative measures are generally negotiated, and not necessarily completed.
This inspection may encompass roof, plumbing, electrical, heating, appliances, water heater, furnace, exterior siding, and other visible features of the property. A detailed report will be written with recommendations, often times the recommendation is to consult a specialist (such as a structural engineer). The inspection fee is usually paid by the buyer.
If requested, a soils engineer will perform an inspection of the soil conditions and the stability of the ground beneath the structure, as well as research past geological activity in the area. Typically, the buyer pays for this inspection. You may also elect to go to the city and research the property and its proximity to known earthquake fault lines. indio real estate alisa indio real estate rutherford indio real estate |
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| THE PURPOSE OF A HOME INSPECTION |
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Why a home inspection is important A home inspection is perhaps the most important chapter in the home-buying process and can benefit both the buyer in understanding the condition of the house and the seller who wants to provide accurate disclosure information. If you are selling your home, have an inspection done before you put your home on the market and you may avoid any surprises when potential buyers have a home inspector check it out. As the seller, you may choose to have any repairs made, using a contractor of your choice, without having to satisfy a potential buyer or you may choose to disclose the conditions you are not going to repair and protect yourself from liability of nondisclosure claims. If you are buying a home, be there for the full inspection. The inspector will be able to answer any questions you may have about maintaining the house and discuss with you any potential problems. Include a proper home inspection contingency in your purchase agreement. If the inspector finds any major problems, you will need to negotiate with the seller to lower the price of the home or have the seller fix the problem. The buyer can rescind their offer if the seller is not willing to re-negotiate. |
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