A home consists of many different parts and system, i.e. plumbing, electrical, structural. In order to insure that the home that you are in the process of purchasing is a secure investment, every buyer should get a home inspection. 1. What is a home inspection?
A home inspection is an inspection performed by a licensed professional that inspects and detects potential problems that a layperson would be less likely or unable to see. The inspection is designed to disclose to the buyer any defects that could materially alter the value of the property like a foundation problem, mold, or old outdated pipes.
2. Who should I choose to do a home inspection? The first thing a buyer should do is to consult their Realtor for any recommendations for inspectors or inspection companies. After receiving a few options you should then research them to see how much experience they have, if they are certified, and how in depth they will be in disclosing their findings (will you receive a printed report or email, do they differentiate between critical fixes vs. cosmetic ones).
3. How quickly should I get an inspection?
The standard inspection due diligence period in Arizona real estate contract is 10 days. However, you can negotiate and agree to a longer or shorter period in the purchase contract. Within this time period a buyer needs to have an inspection, analyze the result of the inspection, and then in some cases may negotiate with the seller for them to repair some of the issues. Just remember that in real estate everything is negotiable!
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