An unbiased guide to buying your first home

Real questions with honest answers

Articles

A: Yes! A house can have terrible defects that are not visible ranging from termite infestation and damage to bad plumbing or a roof that needs to be replaced. While in many states the seller is legally obligated to disclose know defects or damage, you can not rely on this. How do you prove a seller actually know of a defect and do you really want to have a lawsuit? A good expert will check everything from the water pressure to the locks, from the thermostat to the roof, from the electric to the foundation. The inspector will prepare a written report showing any defect founds. A proper offer will include a clause allowing an inspection and providing that the seller pay for the repair of defects (or a least that you can cancel the escrow and receive a return of your deposit).

According to a study conducted by the American Society of Home Inspectors and the National Association of Realtors in 2001, 77% of all homebuyers insisted on a home inspection prior to purchasing their property, and 97% of that group believes the service was a good value for the price.

Google

Thank you for visiting

Copyright 2005,
all rights reserved