A home inspection is an examination of the structure and all mechanical and electrical systems by a trained professional. It usually includes an examination of each visual aspect of the interior and exterior of a home. A professional home inspector has normally inspected hundreds of homes and is therefore knowledgeable on all the features of home construction, heating and other major systems, and how they all should operate. Even a knowledgeable home buyer may not have the expertise of an expert inspector. Below you will find information on Watertown MA home inspection guidance for home buyers and sellers.
Watertown MA Home Inspection Guidance
Home Buyer Guidance
Home purchases are a significant investment that you should not approach without due diligence. An inspection uncovers the condition of a piece of real estate and necessary repairs. You may realize that certain problems are acceptable and can be inexpensively fixed, while others may lead you not to purchase a particular home. Of course, an inspection can also validate that a home is in acceptable condition. Good or bad, having this important knowledge will help you make better real estate purchase decisions. A buyer broker can help you evaluate and negotiate inspection defects in a way that is fair yet at the same time protects your best interests.
Home Seller Guidance
Sellers may obtain property inspections to consider important repairs in their home prior to listing it for sale. A repaired home may sell better than one that is not. If you decide not to correct all of the issues detailed in the inspection, be aware that you are required to provide any known problems to potential buyers. This is not necessarily a negative thing since the buyer would undoubtedly find those problems during their own inspection and would likely demand the repairs or request monetary concessions. By giving them the information ahead of time, buyers can take it into consideration when making an offer, saving you the potential added expense of negotiating with them subsequent to the inspection.
Fees and Other Considerations
The fee of an inspection normally relates to the size of the property. Extra fees may apply for detailed assessments of things such as lead paint. Prices can also vary based on the knowledge of the inspector. Understand the qualifications of an inspector related to training, experience, and professional affiliations. In the end, an inspection is a necessary expense considering the large financial commitment that you will be making in the property. For additional advice on Watertown MA home inspection guidance and guidance for home buyers and home sellers, contact Darleen Foster by calling 617-448-7894 or emailing DarleenFoster@remax.net and/or Bradford Pratt at 781-316-5760 or emailing at BradfordPratt@remax.net