Why are home inspections important?

The home inspection informs both the buyer and seller about the state of the property. A lot of San Fernando Valley sellers will pay for a home inspection when they list their Sherman Oaks, Encino Van Nuys, Van Nuys, or North Hollywood property. This allows them to address any issues or concerns that buyers might have.

The seller can use this opportunity to repair or modify any statutory items they may need to comply with, such as retrofitting showers and toilets to earthquake codes and strapping their water heaters to earthquake codes. The seller, or their Realtor, may consider making repairs that could affect the sale price or time frame. If they feel these repairs are necessary and justified, the seller might make them. The buyer can also ask for concessions.

A buyer should inspect the house during the contract contingency period. This will allow them to make an informed decision about whether to buy the San Fernando Valley condo, townhome, or home. It will also prevent any surprises after closing.

As-is Condition

The majority of San Antonio real property is sold “as-is”, meaning that the seller does not have to make repairs or warranties. However, buyers should still negotiate an inspection clause in their purchase contract, which allows them to inspect the property. Short sales and bank foreclosures are sold as-is.

The home inspection’s purpose is to identify any issues with the home within the inspection contingency period. It also gives the buyer the chance to proceed with the sale, ask for concessions or repair or cancel the contract if major structural damage or repairs are found.

What’s covered in a home inspection?

A licensed home inspector is usually hired by the buyer to inspect the interior and exterior of the house. Inspections include a thorough inspection of the house’s systems, including heating, plumbing, heating, air conditioning, roof condition, and condition of appliances. A home inspection costs between $250.00 and $500.00 depending on the size and type of the home.

The home inspector will not perform environmental inspections to check for mold, asbestos, or radon. The inspector will recommend that additional inspections are done by qualified inspectors if these conditions are found in the home. These services may be offered by some home inspectors at an additional charge. The buyer can then hire these professionals, ask for price reductions or concessions from the seller, or cancel the contract.

A home inspection is a cost-effective way to assess the condition of a property. Buyers should conduct a home inspection in order to avoid making costly mistakes by buying a property that is unsafe, structurally damaged, or needs major repairs. Each buyer has a different motivation to purchase. For the right price, some buyers will buy properties that can be fixed up. Others are looking for properties that can be moved in and don’t have the funds to make major repairs.

A home inspection San Antonio TX may reveal problems that the San Fernando Valley Realtor or the seller might not have known about and will not disclose in the transfer disclosure statement. You don’t want only to rely on the Realtors’ or seller’s transfer disclosure statements as a buyer. You are responsible for conducting your own research about the property that you might purchase so you understand what you are getting into.

Lone Star Inspections
32882 Interstate 10 West Suite 203, Boerne, TX 78006
210-643-4588

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