If the offer on your first house has been accepted, you may think the seller and the Realtor have told you everything you need to know about the history and condition of the property you are buying. Some Georgians are surprised to learn a home inspection is necessary in order for you to get approval for and finalize a mortgage. Not all real estate transactions require an inspector's report, but many lenders consider it an important part of the loan process. There are a lot of reasons why home inspections in Georgia are in the best interest of prospective purchasers.
Some prospective purchasers don't understand why they should pay to inspect a house they don't even own, but this is their responsibility. You also need to have it done as quickly as possible in case there is a serious issue that has to be addressed before you agree to close on the property. One of the best reasons to have an professional investigate the real estate closely is that person's ability to point out issues someone less experienced might not see.
When you choose an inspector, you should make certain the person is certified to do the work. The report of someone without certification may not be accepted by the lender. Your Realtor can probably recommend someone experienced and qualified to handle the job if you don't know a professional inspector yourself.
Inspectors will take a good look at your basement, if you have one, checking for foundation problems and water issues. They will check wiring and plumbing to make sure these systems are up to code and don't pose potential problems. Floors, walls, windows, and the attic will be inspected as well. Inspectors do not check septic systems, chimneys, or any additional structures that might be on the property you are purchasing.
If it works with your schedule, you should consider accompanying the inspector so you will have first hand information if he or she finds a serious problem. You will have a chance to ask questions and get an opinion on the cost of repairs. You are paying the inspector and can expect to get valuable information that can affect whether or not you proceed with the sale.
The inspector will submit a report after checking your house. You are entitled to a copy of the report and should ask questions if there are things that concern you. There will be no termite clearance included in the report. This is a separate issue, and in Georgia, you are required to have property inspected for termites and get a clearance letter prior to closing.
If an inspector uncovers serious and costly problems with the house you intend to buy, you should contact the Realtor as soon as possible to renegotiate the sale price. If the seller is unwilling to work with you, you might need to reconsider purchasing the property all together.
Buying a house should be fun and exciting. You will probably learn a lot as you go through the process.
Some prospective purchasers don't understand why they should pay to inspect a house they don't even own, but this is their responsibility. You also need to have it done as quickly as possible in case there is a serious issue that has to be addressed before you agree to close on the property. One of the best reasons to have an professional investigate the real estate closely is that person's ability to point out issues someone less experienced might not see.
When you choose an inspector, you should make certain the person is certified to do the work. The report of someone without certification may not be accepted by the lender. Your Realtor can probably recommend someone experienced and qualified to handle the job if you don't know a professional inspector yourself.
Inspectors will take a good look at your basement, if you have one, checking for foundation problems and water issues. They will check wiring and plumbing to make sure these systems are up to code and don't pose potential problems. Floors, walls, windows, and the attic will be inspected as well. Inspectors do not check septic systems, chimneys, or any additional structures that might be on the property you are purchasing.
If it works with your schedule, you should consider accompanying the inspector so you will have first hand information if he or she finds a serious problem. You will have a chance to ask questions and get an opinion on the cost of repairs. You are paying the inspector and can expect to get valuable information that can affect whether or not you proceed with the sale.
The inspector will submit a report after checking your house. You are entitled to a copy of the report and should ask questions if there are things that concern you. There will be no termite clearance included in the report. This is a separate issue, and in Georgia, you are required to have property inspected for termites and get a clearance letter prior to closing.
If an inspector uncovers serious and costly problems with the house you intend to buy, you should contact the Realtor as soon as possible to renegotiate the sale price. If the seller is unwilling to work with you, you might need to reconsider purchasing the property all together.
Buying a house should be fun and exciting. You will probably learn a lot as you go through the process.
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Get a list of important things to consider before selecting a home inspector and more information about a reliable company that specializes in home inspections in Georgia at http://www.mickeyellishomeinspections.com/index.html now.
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