Inspections – Yes, No or Maybe So

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According to some sources only 35 to 40% of
homes are inspected prior to purchase. Many states now require seller
disclosure of known patent or latent defects to the buyer prior to closing.
Comprehensive inspections completed by certified inspectors are a must if you
plan to buy real estate.

Typical inspections include: wood destroying
insect, environmental (radon, asbestos, lead, etc.), mechanical and structural
inspections. In general buyers pay for all inspections and sellers pay for
repairs. Beware of inspectors who also do repairs or recommend repairman. Also
beware of sellers who agree to provide you with already completed inspection
reports. Both the seller and buyer should be present at all inspections. All
parties will understand what deficiencies exist and what remedies are required.
The parties prior to any inspections may agree to a dollar limitation for
repairs. Although many new home purchase agreements are void of inspection
clauses, a new house may be just as likely to have a deficiency as an older
house. Services are available to inspect your new home in various stages of
construction. A good source for home inspectors in the United States and Canada
is ASHI (American Society of Home Inspectors). Members of ASHI must pass two
written technical exams and provide valid proof of completion of at least 250 fee
paid home inspections that meet or exceed ASHI standards of practice.  To find a home inspector in your area call
800-743-2744. Follow the prompts to receive a list of inspectors by facsimile
in minutes or by mail in less than a week.

Whether
you’re thinking about buying or selling or seeking information, rely on RE/MAX
Best Associates 800-391-BEST(2378) or 913-345-BEST(2378) to provide accurate up
to date information about the marketplace today.