George Langford's Blog

Wednesday, January 20, 2010

When Buying a Home should you get a Home Inspection?


YES!

What is a Home Inspection?

A Home inspection is a visual examination of the structure and systems of a building. If you are thinking of buying a single family home, condominium, or multi-unit building you should have it thoroughly inspected before the final purchase by an experienced and impartial professional inspector. A professional inspection is simply an examination into the current condition of your prospective real estate investment. 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. 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 Should I have an Inspection Done?

The best time to consult the inspector is right after you’ve made an offer on a property. The real estate contract allows for a grace period (Inspection Contingency) 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.

What is my Duty as a Buyer?

You have an affirmative duty to exercise reasonable care to protect yourself, including discovery of the legal, practical and technical implications of disclosed facts, and the investigation and verification of information and facts that you know that are within your diligent attention and observation. This is the best way to protect yourself. It is extremely important for you to read all written reports provided by professionals and to discuss the results of the inspectionswith the professional who conducted the inspection. You have the right to ask the seller to make repairs, corrections or requests. After the inspoection if you feel you do not want to purchase the home based off of the findings you have the right to cancel the escrow.

San Francisco Real Estate Inspections
San Francisco Single Family Homes, Condos, Tenancy In Common, New Homes, Multi-Unit Buildings, Investment Properties.

George Langford - Zephyr Real Estate

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