Allen Arnold

                Real Estate Broker

             

 

Office 416 321 2228   905 409-7355   Home Fax 905 831 9915
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Home Inspections

 

 

Property inspection reports assist the reader in understanding the overall condition of the property being sold or purchased. 

 

Often a pre home inspection is ordered and paid for by the buyer, prior to submission of their offer, making the buyer aware of any costly deficiencies of the property. This helps the buyer determine what price they are comfortable offering and removes the need for a condition on a home inspection in their offer. This in turn strengthens the worth of the offer to the seller and is often used were multiple offers are expected.  

 

Sometimes a pre home inspection is ordered and paid for by the seller, prior to listing their property making the seller aware of any costly deficiencies of the property and gives the seller an opportunity to have the repairs completed prior to listing, or show the buyer the property is sound to support a higher asking price.  

 

Standard home inspection clauses are included in almost all offers to purchase freehold properties for the benefit of the buyer and generally paid for by the buyer. Both insurance and mortgage lenders prefer to see this clause inserted in all offers. 

 

When purchasing a brand new home directly from the builder, the Agreement of Purchase and Sale is on a builders form and generally does not include a home inspection clause for the benefit of the buyer.  We recommend you speak with your legal representative so he can insert the appropriate clause to protect you. We recommend you hire a qualified home inspector to accompany you with the builder on you final walk through of your new home. 

 

An inspection report will include areas of the structure inside and out not limited to the grade or slope of the lot.  Some deficiencies are noted as needing immediate attention, along with the approximate cost to improve, where other areas of concern will be put on a to do list over a period of time.  

 

There may be special interest concerns for termites, asbestos, septic, well, radon, urea formaldehyde, building codes, oil tanks, wiring and plumbing, swimming pools and equipment, grow houses and most recently Wett inspections. 

 

These issues will require a qualified home inspector that is licensed, insured, registered and preferably continuing with updated courses on a yearly basis. 

 

Having a professional home inspector is a good way to make a smart purchase and protect our investment. 

 

A word to the wise: Do not consider calling in a favor from a want-to-be inspector, you know the type, the jack of all trades and professional of nothing to save a few hundred dollars. You will end up with a report, most likely not in writing or accurate that no one will rely on. This could cost you the home of your dreams or a lot of monies.   

 

For further information or a list of qualified home inspectors in you neighborhood contact us at any time.         

 

 

 

 

 

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