Home inspections inform the buyer and seller about the condition of the house. Many San Fernando Valley sellers pay for a home inspection at the time they market their Sherman Oaks, Encino, Van Nuys, or North Hollywood properties so they can resolve any issues or issues that may concern potential buyers
It is a great opportunity for the seller to repair or repair any legal items that need to be met, such as tying the water heater to the earthquake code, customizing bathrooms and showers, and installing smoke alarms according to state codes. If there are other things that the seller or his real estate agent believes could affect the house price or the time it may take to sell the house, the seller may be able to perform some of these repairs if they are warranted and will help get the house sold maximum dollars and in a short time. Or the alternative is to offer concessions to the selling buyer.
Buyers must perform a home inspection during the emergency period of their contract to know the status of the house and make a smart decision on whether to buy the house, condo or townhouse in the San Fernando Valley. This will avoid surprises after closing as well.
How is the condition
Although most of the San Fernando Valley real estate is sold in an "as is" state, meaning the seller is under no obligation to provide any warranty or repair except for legal goods, the buyer must still negotiate an inspection readiness in the purchase contract that allows them to carry out an inspection. Foreclosures and short sales are always sold in an "as is" state.
The purpose of the home inspection is to determine any problem with the home during the inspection readiness period and allow the buyer to proceed with the sale, request concessions or repairs from the seller, or cancel the contract if the inspection reveals repairs are important. or structural damage to the house.
What is covered in a home inspection?
Generally, the buyer pays an authorized home inspector to perform a physical inspection of the interior and exterior of the house. The inspection includes inspection of general household systems, such as plumbing, electricity, heating, air conditioning and the roof condition and the condition of the appliance. An inspection of the house can be done from $ 250.00 to $ 500.00 or more, depending on the size of the house and the type of house, condo, townhouse, etc.
The home inspector does not carry out environmental inspections to detect mold, lead paint, asbestos, radon, etc. If it is found that these conditions exist in the house, the inspector will recommend that the relevant inspectors carry out further inspections. Some home inspectors provide these services for an additional fee. Then it is up to the buyer to hire the relevant professionals to carry out these additional inspections, request concessions from the seller or a price reduction, or cancel the contract.
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