Monday, February 6, 2012

Why do I need a home inspection?

Because most homes are sold in as-is condition, it is up to the buyer to investigate the condition of the home by having a home inspection.

1. Negotiate a home inspection contingency in your purchase contract. A week to 14 days is standard.

2. Hire a certified home inspector to do a home inspection for you. Your real estate agent can recommend someone he or she trusts.

3. Review the written home inspection report carefully and ask the home inspector any questions you may have.

4. Get three estimates from licensed contractors regarding any home system repairs that are needed. Obtain a referral from your agent, a friend or a family member. Ask for the contractor's references.

5. Having information about the condition of the home is important for making the right investment decision.