FOR YOUR PROTECTION: 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 replaces; and
- Estimate the remaining useful life of the major systems, equipment, structure, and finishes.
BE AN INFORMED BUYER
It is your responsibility to be an informed buyer. Be sure what what you buy is satisfactory in every respect. 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 so so after signing the contract as long as your contract states that the sale of the home is contingent on a home inspection.
WHAT IS THE DIFFERENCE BETWEEN A HOME INSPECTION AND AN APPRAISAL?
An appraisal is different from a home inspection. Appraisals are for lenders; home inspections are for buyers. Your lender will request an appraisal to estimate the market value of the house and make sure that the property is marketable.