The ten basic steps of purchasing a home - The Home Inspection
After signing a contract of sale, you may want to consider paying for a home inspection, which will identify any physical defects or environmental conditions. The contract of sale typically gives buyers a certain number of days to have an inspection. You should schedule this as soon as possible to ensure it is completed within the stated time-frame. Depending on the circumstances of the transaction note that if you are purchasing a short sale or foreclosure that is to be sold in "as is" condition, you may be unable to perform a home inspection, or have any items identified during an inspection repaired
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Here are some questions you may ask the home inspector:
· What does the inspection cover?
- A good inspection should cover structure, exterior, roofing, plumbing, electrical, heating, air conditioning, interiors, and ventilation.
· How long have you been inspecting residential buildings?
- Make sure the inspector has experience working with homes, and not just commercial properties.
· Can I attend the inspection?
- An inspector should allow you to be present for the inspection. If they don't, consider it a red flag.
• How long does the inspection take? How long will it take to produce the report?
While this is not a personal endorsement of this particular company, here is an example of a well prepared home inspection report
A list of licensed home inspectors can be obtained from the New Jersey Division of Consumer Affairs. Another source to locate a home inspector is the American Society of Home Inspectors, ASHI
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