One
of the most common concerns from buyers is the condition of the house. Buyers
do not want to end up with a house that has lots of problems.
To
avoid that, here are five steps to protect buyer's interest in the purchasing
process:
1.
Buyer's own visual inspection. Some of the problem can be easily spotted such
as broken windows, shifted foundation or mold.
2.
Agent's visual inspection reports. Both listing and buying agents will fill
out a separate report detailing what they see visually about the property and
give buyer a copy.
3.
Sellers are required to disclose certain types of information about the homes
they are selling. Sellers will provide a report to disclose condition of the
house.
4.
Professional home inspection detailing the condition of the property. Once the
defects are located, buyer can ask the seller to fix those problems.
5.
Seller will normally provide a one year home warranty plan to cover any plumbing,
electrical, pest control, air condition, water heater, roof leak, and/or Pool/Spa
equipment A
good agent shall be able to assist you in making that request when filling out
the purchase contract.
With
all the above steps performed, buyer can rest assured that no serious defects
are overlooked and can request for the correction prior close of escrow.
Truly it is these basic items that can give a buyer some peace of mind.