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Friday, May 05, 2006

For Buyers... Get A Home Inspection


Why a Buyer Needs a Home Inspection

A home inspection gives the buyer more detailed information about the overall condition of the home prior to purchase. In a home inspection, a qualified inspector takes an in-depth, unbiased look at your potential new home to:

· Evaluate the physical condition: structure, construction, and mechanical systems:
· Identify items that need to be repaired or replaced:
· Estimate the remaining useful life of the major systems, equipment, structure, and finishes.

Appraisals are Different from Home Inspections

An appraisal is different from a home inspection. Appraisals are for lenders; home inspections are for buyers. An appraisal is required to estimate the market value of a house and to make sure that the house is marketable.

Be an Informed Buyer

It is your responsibility to be an informed buyer. You have the right to carefully examine your potential new home with a qualified home inspector. You may arrange to do so before signing your contract, or may do so after signing the contract to purchase as long as your contract states that the sale of the home depends on the inspection.

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