Although Sharon and her Team of Professionals always disclose to their buyer -
clients any defects or adverse matters of material significance affecting the
property that they are aware of through visual inspection and otherwise, they
are not the experts in these matters. The inspection accomplishes two important
goals. First, it gives you a chance to determine the condition of the structure
and the mechanical systems that are not visible or easily understandable to the
average purchaser. You can either bring these conditions to the attention of the
seller in the form of further negotiations, or go ahead with the purchase with a
better idea of what may require future maintenance. Second, you will be able to
plan ahead and budget for large purchases as a part of your home maintenance
planning.
Typically, you will sign a contract of sale before inspections. Be sure to
include a clause that the sale is contingent on a structural inspection, and
specify when the inspection is to be carried out. Sharon will recommend this
procedure as a standard course of action.
A reputable inspection firm will provide you with an evaluation of the major
systems in the house including: foundation and general structure, condition of
the roof, condition of the heating and cooling systems, condition of the
plumbing and electrical systems, and any other specific inspection that you may
request or require. In addition, the inspection may provide you with a general
age, anticipated life expectancy and estimated replacement costs of various
components of the house. You should be present during the inspection. Come
prepared with a list of questions and concerns that you have about the property.
It usually takes about 1.5 to 2.5 hours, and the conversation between the buyer
and the inspector can be invaluable.
In addition to the oral report that will be given during the inspection, you
should also receive a detailed written report within a few days.
The fee for an inspection varies from area to area and usually depends upon the
size of the building. Inspections typically cost between $150 and $350. It is a
good idea to shop for a competitive price and determine what kind of reports
will be provided to you. |
