home inspection, home buying, inspection tips, contingency

 

INSPECTION PROCESS

During the contingency period, the Buyer or Seller will order

physical inspections as specified in the Purchase Agreement.

Legislation mandates (under Civil Code 1102) that the Seller has

the responsibility to reveal the true condition of the property on

a Transfer Disclosure Statement. This may help determine what

kind of property inspections are desired or necessary.

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Who Pays ? Your Purchase Sale Agreement

will specify who is responsible for the costs

of inspections and for making any needed

corrections or repairs. It is negotiable between

the parties and should be considered carefully.

Your agent will advise you what is customary

and prudent.

Structural Pest Control

Inspection. A licensed inspector will

examine the property for any active

infestation by wood destroying organisms.

Most pest control reports classify conditions

as Section I or Section II. The inspection and

the ensuing Section I repair work is usually

paid for by the Seller. Section II preventative

measures are generally negotiated, and not

necessarily completed.

Section I Conditions are those currently

causing damage to the property. These

conditions generally need to be corrected

before a Lender will make a loan on a home.

Section II Conditions are those not

currently causing damage but which are

likely to, if left unattended.

 

Home Inspection. This inspection

may encompass roof, plumbing, electrical,

heating, appliances, water heater, furnace,

exterior siding, and other visible features of

the property. A detailed report will

be written with recommendations and

pictures which may include the suggestion

to consult a specialist (such as a structural

engineer or roofing contractor). The

inspection fee is usually paid by the Buyer.

Geological Inspection.

 

You may also like to visit Home Buying Process, San Diego California.

 

If requested, a

soils engineer will inspect the soil conditions

and the stability of the ground beneath the

structure, as well as research past geological

activity in the area. You may also elect to

go to the city and research the property’s

proximity to known earthquake fault lines.

Typically, the Buyer pays for this inspection.