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Home inspections are paid for by the buyer
and should be performed by a qualified home inspector. It
is fiscally prudent of the buyer to have the home inspected
before presenting an offer to the seller. This is true whether
the home is newly built or one that is several years old.
When the home is inspected before an offer is made, the buyer
has no legal obligations to the seller if the inspector finds
serious problems with the construction. Making an offer to
a seller after the home is inspected is the optimum scenario
for a buyer. In a fast moving housing market, however, the
buyer may not have the luxury of waiting until a home inspection
is performed. If that is the case, the buyer will have to
make an offer in conjunction with an inspection contingency.
An inspection contingency typically states that the offer
will be withdrawn if the home inspector finds major structural
flaws with the property.
To get your new home inspected, you will need to hire a qualified
home inspector. There are many sources for finding home inspectors
such as national associations, yellow pages, referrals, or
your real estate agent. While most real estate agents will
not specifically recommend a home inspector, they can often
provide you with a list of inspectors they have used in the
past.
Once you have the list from your agent, you can begin the
selection process. Before you speak to an inspector, have
your interview questions
prepared ahead of time to make yourself feel more confident
and save time.
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