As a buyer, you are bound to be sandbagged with way too much information, thanks to an eager seller. It is your job to separate the wheat from the chaff, and the process can be downright tiresome at times. And that’s why it makes sense to go in for a home inspection and even better, make one part of the contract. A home inspection contingency, written in the contract, will protect your hard-earned money and that’s why you need to take a closer look at these essential tips before you purchase any property.
- Home inspection and why it matters: When it comes to it, a home inspection is leagues apart from a property appraisal. The latter is usually carried out by a realtor in the hopes of snagging a buyer. And chances are that a home inspection in Riverside should provide you with inclusive details, that a realtor would have given a total miss. An appraisal would give you an approximate valuation of the property in question but it would not provide you with all the details, from broken rafters, windows to pipe leaks and other pending issues the seller has not yet resolved. And that’s why it is critical that you do not depend on just the appraisal provided by the agent but actually make plans for a comprehensive home inspection and even make it part of the purchase agreement.
- Selecting the right person: When it comes to a home inspection, you must choose the right person for the job. Granted there are quite a few home inspectors who are listed in the directory; you may want to check up further and find out that the person is both bonded and insured as well. When you fix the appointment for the home inspection, you may want to confirm with the inspector as to the length of time and how soon you can expect the report from them, on the said property. Once the details are all worked out, you can get ready for the property to be inspected.
- The all-important checklist: When it comes to a home inspection, you must request the inspector to review the same before he checks out the property. These are the various issues that he needs to take a closer look at – from the exterior grounds to interior walls. Generally, ask the home inspector to keep an eye out for any signs of cosmetic cover-up work that had been carried out in the recent past. Usually, this was carried out to cover up more serious damage which is why you need the inspector to provide you with a comprehensive report and not one that barely lists out the problem areas. Moreover, as a buyer, you can use the report to negotiate the purchase agreement in more favorable terms.
This is why you must pay attention to the checklist and ensure that in the long run, you are well informed regarding the property. Just make sure that all the pertinent areas are carefully looked at by the inspector.