Guide For First Time Home Buyers - Step 7
Step 7: Get an inspection
They've accepted your offer....congratulations! Now it's time for the inspection. As stated before, your offer was contingent upon the inspection going well, so the inspection is very important.
Term to know:
Home inspection: a visual inspection of a home, made by a trained, qualified certified professional who has experience in evaluating all the component features in a house, and who is able to give a clear and accurate picture of the condition of these components.
The home inspection includes the inspector looking at:
Foundations
Appliances
Fireplaces/chimneys
Paved surfaces
Garages
Decks
Outbuildings
Porches
Rafters/Attic
Siding
Pool/spa
Electrical
Plumbing
Heating/Cooling
Fixtures
Structural issues
Windows
Doors and more....
The home inspection is designed to make sure everything is running as it should in order to save you from surprise costs down the road.
Following the inspection you will receive a report summarizing the condition of the house, as well as bringing any significant defects and their repair costs to your attention.
If there are any unanticipated repairs, you may work it out with the seller to negotiate who will be responsible for the repairs. Ideally, you reach an agreement, and move forward with closing the deal.
Check out the next step on finalizing your deal and getting the keys...you're almost there!
If you missed former steps of the first time home buyer process:
Guide For First Time Home Buyers - Step 1
Guide for First Time Home Buyers - Step 2
Guide For First Time Home Buyers - Step 3
Guide For First Time Home Buyers - Step 4
Guide For First Time Home Buyers - Step 5
Guide For First Time Home Buyers - Step 6
Guide For First Time Home Buyers - Step 7
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