Home inspections: A must for every home buyer
When you’re buying a home, you don’t want to skip the home inspection step. Home inspections are an important part of the home buying process. An inspection by an InterNACHI certified home inspector can prevent you from purchasing a home with serious issues such as mould, structural defects, faulty plumbing and more.
Firstly, you should insert a contingency in the “Offer To Purchase” which states that the sale is dependant on a satisfactory home inspection. In addition, you should also agree on an “Inspection Contingency Period” which will give you time to have a home inspection done. Furthermore, this period should be between four to seven days depending on how soon you can get an appointment with a home inspector.
Based on the results of a home inspection, the contingency will then give you the right to cancel the sales agreement. In addition, you can walk away from the transaction without recourse if you are unsatisfied with the seller’s response to a request for an inspection and inspection contingency.
You lose the right to have the home inspected and to negotiate over defects found in a home once the contingency period ends.
What is a home inspection?
As a home buyer, it is your right to have your future home inspected for potential faults and defects. Therefore, don’t skip this step!Continue reading “Home Inspectors and Inspections”