Buyers are entitled to conduct a series of inspections on the property they are about to purchase. Once your offer is accepted, your Agent will assist you in hiring a professional home inspector to conduct an inspection and provide a report. At HomeSmart, we recommend that you choose a home inspector that is certified by a trade association.
Some of the items typically investigated during an inspection are: appliances, plumbing, A/C, heating, electrical, structure, foundation, roof and attic. If any of the following are areas of concern, you can ask your inspector to address concerns regarding indoor air quality, expansive soil conditions, previous fire or flood, pests and mold. If you are obtaining a loan, your Lender may require specific inspections, such as an inspection to certify that the home is free of wood-destroying organisms.
Also, you can expect to be provided with a Property Disclosure Statement from the Seller, which contains all information material to the sale of the property. Your Realtor® will ask you to read through it carefully and ask any questions your might have during your inspection period.
Additional inspections that you may want to consider are: a survey to determine where property lines are located, and a claims report, which gives Buyers the past insurance claim history on the property (a factor which can affect the cost of you homeowner’s insurance).
In addition to formal inspections, Buyers should consider other methods of obtaining information about the property. For example, talk to the neighbors and drive around the neighborhood during different times of day. In touring the neighborhood, consider things such as proximity to freeways, airports and schools.
The inspection report is a contingency of the offer, meaning that you have to accept the report in order for the purchase to move forward. If you find a condition that is unacceptable, then you can be released from the offer agreement.
Also, I can also provide you with resources for obtaining information on crime statistics, city planning and zoning regulations, school information and environmental concerns which may affect your decision to purchase.