8 - The Physical Inspection.
your have an accepted contract, you
are given a number of days per the
RPA to complete inspections on the
property. The most important and often
only inspection conducted by the buyer
is the general physical inspection.
The Buyer chooses a licensed inspector,
often upon recommendation of past
inspectors used by your real estate
agent. The inspection typically costs
$300-$600 depending on the size of
the property and payment is usually
paid buy the Buyer, C.O.D. The inspector
will inspect all of the major systems
of the property and any present defects.
Although minor defects may be mentioned,
such as a broken doorbell, they will
not be the concentration of the report.
inspection process is a general protection
to ensure you are making an educated
buying decision. At the end of you
inspection you WILL FIND SOME PROBLEMS!
We have NEVER seen a home inspection
without some defects. Your agent will
work with you to determine reasonable
requests for the seller to either
repair or discount from the purchase
price of the property. On rare occasion,
if you cannot come to an agreement
with the Seller, you can mutually
cancel the contract at this time.
After acceptance of your physical
inspection, you are ready to open
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