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Friday, March 29, 2013

Mistake #6: Failing to Obtain a Home Inspection from a Qualified Inspector (8 Mistakes Home Buyers Make Series)

There are several mistakes some home buyers make, and some of them are huge!

MISTAKE #6: FAILING TO OBTAIN A HOME INSPECTION FROM A QUALIFIED INSPECTOR 

A home inspection reports on the structural and mechanical condition of the home. After the inspection, you will have the facts you need to make a decision about buying your home.

A well-qualified building inspector who has adhered to federal licensing standards can spot problems that you might not be able to see. Expect problems to be clearly explained, repair expenses closely calculated, maintenance costs estimated, and a written report delivered within a day or two.

Most home-purchase contracts are written conditional on the outcome of several inspections. These inspections may include several items, including inspection for wood boring insects, excessive amounts of radon gas, structural soundness, and the condition of the heating, wiring and plumbing. When the contract is written, it should identify who will be responsible if there are problems with the results of any of these inspections.

 If well written, home inspections can create a safety valve for both the buyer and seller. If poorly written, the result can be heartbreak and lawsuits.

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