Most people buying a house for the first time underestimate the amount of details that are involved. There are negotiations with the seller that have to be resolved. Once a price is agreed upon, there are contracts to be read and signed. The financing has to be finalized, and there are a number of inspections that have to take place before closing can occur. If you are purchasing real estate in the Atlanta area, you might have to hire one of the home inspectors Marietta GA buyers have used and relied on in the past.
First time property buyers don't always consider inspecting a house a priority. They may think it is an unnecessary expense because they are purchasing new construction or are already familiar with the house and know it is well built. They often find out that their loan is contingent on a clean inspection however. There are other good reasons to have the property inspected.
Inspection professionals are trained to spot problems that less educated individuals miss. They routinely find big problems that must be fixed before a loan application will be approved. They also find small problems that can turn into real headaches down the road if they are not addressed promptly.
Your Realtor and your banker will probably be able to refer you to an experienced inspector if you don't know of anyone. You are not required to use the people they recommend, but any inspection must be made by an individual that is certified and has a good reputation. The more experienced the inspector is, the more likely he or she will be able to point out issues that others miss.
Property inspections do not necessarily cover everything you are buying. Inspectors examine the electric and plumbing systems. They evaluate the efficiency and age of the air and heating units, and they check the property foundation for cracks and other weaknesses. These professionals look at the doors and windows to rate their efficiency, and will check ceilings and walls for evidence of water damage.
Inspectors generally do not make any recommendations when it comes to structures that are located on the property but not attached to the house. They do not inspect wells or look inside walls. If you want an assessment on these kinds of things, there are other professionals you can contact to do so. You have every right to attend the inspection and ask questions if you so desire.
Make sure you get a copy of the inspector's report. If there are structural problems included in the report, you will need to contact the seller and his or her Realtor immediately. The seller should be willing to reduce the price or give you some other concessions that will compensate for any money you end up spending on repairs. If the seller is unwilling to work with you, you might need to rethink purchasing the property. At this point, the contract should be null and void.
A house is one of the biggest investments many people make in their lifetime. Before you commit to such an important purchase, you need to have all the facts about the property in your hands.
First time property buyers don't always consider inspecting a house a priority. They may think it is an unnecessary expense because they are purchasing new construction or are already familiar with the house and know it is well built. They often find out that their loan is contingent on a clean inspection however. There are other good reasons to have the property inspected.
Inspection professionals are trained to spot problems that less educated individuals miss. They routinely find big problems that must be fixed before a loan application will be approved. They also find small problems that can turn into real headaches down the road if they are not addressed promptly.
Your Realtor and your banker will probably be able to refer you to an experienced inspector if you don't know of anyone. You are not required to use the people they recommend, but any inspection must be made by an individual that is certified and has a good reputation. The more experienced the inspector is, the more likely he or she will be able to point out issues that others miss.
Property inspections do not necessarily cover everything you are buying. Inspectors examine the electric and plumbing systems. They evaluate the efficiency and age of the air and heating units, and they check the property foundation for cracks and other weaknesses. These professionals look at the doors and windows to rate their efficiency, and will check ceilings and walls for evidence of water damage.
Inspectors generally do not make any recommendations when it comes to structures that are located on the property but not attached to the house. They do not inspect wells or look inside walls. If you want an assessment on these kinds of things, there are other professionals you can contact to do so. You have every right to attend the inspection and ask questions if you so desire.
Make sure you get a copy of the inspector's report. If there are structural problems included in the report, you will need to contact the seller and his or her Realtor immediately. The seller should be willing to reduce the price or give you some other concessions that will compensate for any money you end up spending on repairs. If the seller is unwilling to work with you, you might need to rethink purchasing the property. At this point, the contract should be null and void.
A house is one of the biggest investments many people make in their lifetime. Before you commit to such an important purchase, you need to have all the facts about the property in your hands.
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