What is a home inspection?
- A home inspection is an inspection of a home done by a professional inspection company. The inspector looks for any defects or porblems throughout the home and presents a report to the buyer, buyer's attorney and agent. Inspections are normally done after a contract has been signed by buyer and seller.
How do I find a home inspector?
- Most real estate agents have the names of several home inspectors that hey have dealt with in the past and can recommend a good inspector.
Do I need a home inspection?
- Yes, buying a home can be a risky endeavor. There can be many unseen problems with a home that can amount to thousands of dollars in repairs over time. There are many facets of a home that can go wrong; plumbing, electrical, structural or roof problems. Hiring a good home inspector is vital to ensuring the home you are purchasing is in sound shape.
How does an appraiser determine the value of a home?
- An appraiser takes several factors into consideration when determining the price of a home, including the size, square footage, the condition of the home and neighborhood, comparable local sales, important historical information as well as likely changes in the future value of the home.