Frequently Asked Questions for Home Buyers
What Is An Inspection?
What Does An Inspection Include?
When Do I Request An Inspector?
Can a Building "Fail" The Inspection?
What If The Report Reveals Problems?
If The Report Is Favorable, Did I Really Need An Inspection?
Can I Inspect The Building Myself ?
Should I Attend The Inspection?
Frequently Asked Questions for Home Sellers
Easing The Transaction For A Home Seller
Home Seller Disclosure Obligations
Do I Have To Repair Everything Wrong With The House?
Do I Really Need An Inspection?
Is There Anything I Can Do Better To Maintain My Home?
What
is a Home Inspection?
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An
inspection is a visual examination of the structure and
systems of a building. If you are thinking of buying a
home, condominium, mobile home, or commercial building,
you should have it thoroughly inspected before the final
purchase by an experienced and impartial professional
inspector.
What
Does An Inspection Include?
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A
complete inspection includes a visual examination of the
building from top to bottom. The inspector evaluates and
reports the condition of the structure, roof,
foundation, drainage, plumbing, heating system, central
air-conditioning system, visible insulation, walls,
windows, and doors. Only those items that are visible
and accessible by normal means are included in the
report.
When
Do I Request An Inspector?
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The best
time to consult the inspector is right after youe
made an offer on your new building. The real estate
contract usually allows for a grace period to inspect
the building. Ask your professional agent to include
this inspection clause in the contract, making your
purchase obligation contingent upon the findings of a
professional inspection.
Can
a Building "Fail" The Inspection?
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No. A
professional inspection is simply an examination into
the current condition of your prospective real estate
purchase. It is not an appraisal or a Municipal Code
inspection. An inspector, therefore, will not pass or
fail a building, but will simply describe its condition
and indicate which items will be in need of minor or
major repairs or replacement.
What
If The Report Reveals Problems?
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If the
inspector finds problems in a building, it does not
necessarily mean you shouldn buy it, only that you
will know in advance what type of repairs to anticipate.
A seller may be willing to make repairs because of
significant problems discovered by the inspector. If
your budget is tight, or if you do not wish to become
involved in future repair work, you may decide that this
is not the property for you. The choice is yours.
If
The Report Is Favorable, Did I Really Need An
Inspection? Back to top
Definitely!
Now you can complete your purchase with peace of mind
about the condition of the property and its equipment
and systems. You may have learned a few things about
your property from the inspection report, and will want
to keep that information for your future reference.
Above all, you can rest assured that you are making a
well-informed purchase decision and that you will be
able to enjoy or occupy your new home or building the
way you want.
Can
I Inspect The Building Myself?
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Even the
most experienced building or home owner lacks the
knowledge and expertise of a professional inspector who
has inspected hundreds, and perhaps thousands of homes
and buildings in their career. An inspector is equally
familiar with the critical elements of construction and
with the proper installation, maintenance and
inter-relationships of these elements. Above all, most
buyers find it difficult to remain completely objective
and unemotional about the building they really want, and
this may lead to a poor assessment.
Should
I Attend The Inspection?
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It is not
necessary for you to be present for the inspection, but
it is a good idea. By following the inspector through
the inspection, observing and asking questions, you will
learn about the new building and get some tips on
general maintenance. Information that will be of great
help to you after youe moved in.
Easing
The Transaction For A Home Seller
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Home
sellers are being urged to utilize home inspections
prior to listing their homes. Professional inspections
can discover unknown conditions allowing sellers an
opportunity to perform desired repairs before placing
the property on the market. A professional isting
inspection?is just good business, it may facilitate a
smoother transaction by putting potential buyers at
ease, reducing negotiating points, and bypassing
annoying delays.
Home
Seller Disclosure Obligations
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California
case law states that it is the duty of a seller to
disclose relevant facts concerning the property for sale
through a TDS form. (Transfer Document Statement) This
basically means a seller of one to four residential
units has a legal obligation to disclose all of the
conditions of the property know to them to perspective
buyers, which is often accomplished through use of a
ransfer Disclosure Statement.?While the listing
inspection report cannot be used as a substitute for
that disclosure, it does allow the seller to provide
prospective buyers with additional information, based on
an unbiased, third party, professional inspection.
Do
I Have to Repair Everything Wrong With The House?
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A listing
inspection report is not intended to be a o?or
repair list for the home. Sellers are not obligated to
repair conditions noted in the report, nor are they
required to produce a flawless house. With a pre-listing
home inspection, potential repair items already known by
both parties are subject to any negotiations. A home
seller can make repairs as a matter of choice, not
obligation; to foster good will or to facilitate the
sale. Sellers maintain the legal right to refuse repair
demands, except where requirements are set forth by
state law, local ordinance, or the real estate purchase
contract
Do
I Really Need An Inspection?
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As a
seller, if you have owned your property for a period of
time, an inspection can help identify potential problems
and recommend preventive measures, which might avoid
future expensive repairs. There is no such thing as a
home that is too new or too well built to benefit from a
professional inspection. Anyone advising against an
inspection is doing a disservice to the homebuyer. Many
problems frequently encountered after the buyer moves
in, are a routine discovery for a qualified home
inspection.
Is
There Anything I Can Do Better To Maintain My Home?
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Inspection
reports often identify the same neglected maintenance
items. Performing some basic maintenance can help keep
your home in better condition, thus reduce the chance of
those conditions showing up on the inspection report. To
present a better maintained home to perspective buyers
follow these tips from the California Real Estate
Inspection Association. Most of these items can be
accomplished with little or no cost, while the benefits
of selling a well maintained home can be worth the
effort.
1.
Clean both rain gutters and any roof debris and trim
back excessive foliage from the exterior siding.
2.
Divert all water away from the house (for example,
rain-gutter downspouts, sump pump discharge locations,
and clean out garage and basement interiors.
3.
Clean or replace all furnace filters.
4.
Remove grade or mulch from contact with siding
(preferable 6-8 inches of clearance).
5. Paint
all weathered exterior wood and caulk around trim,
chimneys, windows, doors, and all exterior wall
penetrations.
6.
Make sure all windows and doors are in proper operating
condition; replace cracked windowpanes.
7.
Replace burned out light bulbs.
8.
Make sure all of the plumbing fixtures are in spotless
condition (toilets, tubs, showers, sinks) and in proper
working order (repair leaks).
9.
Provide clear access to both attic and foundation crawl
spaces, heating/cooling systems, water heater/s,
electrical main and distribution panels and remove the
car/s from the garage.
10.
And finally, if the house is vacant make sure that all
utilities are turned on. Should the water, gas or
electric be off at the time of inspection the inspector
will not turn them on. Therefore, the inspection process
will be incomplete, which may possibly affect the time
frame in removing sales contract contingencies.
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