Interior Inspection
1. Plumbing: The home inspector will check sinks and showers, and at the same time look for visible leaks; the water pressure will be tested as well. Likewise, they will check whether the house has what kind of pipes and if they can be seen anywhere.
2. Heating, Ventilation, and Air Conditioning (HVAC): The inspector will attempt to determine the age of the heating and air conditioning systems, determine whether they are working properly, and decide whether they should be repaired.
3. Electrical: The expert will choose what kind of wiring the home has, test all the outlets, and make certain that there are functional ground fault circuit interrupters (which can guard you against electrocution, electric shock, and electrical burns) in areas such as bathrooms, kitchen, garage and outdoors.
4. Water Heater: The home inspector will check the age of the heater and make sure it is installed correctly and safely.
5. Bathrooms: Inspectors’ duties include checking for signs of leaks, bathroom safety, ventilation, and other problems. The bathroom must be well-ventilated as there are no windows or ventilation fans. Mold can cause problems if not treated properly, and moisture can cause the wood to slowly change.
6. Electrical Safety: If the building has an attached garage, the inspector will focus on properly inspecting the walls. It has a reasonable fire rating and will not suffer any damage that may affect the fire rating. They will also inspect the building for smoke.
Home Inspection Contingency : Importance, Clauses & Addendums
A home inspection contingency is a clause included in a real estate contract that allows the buyer to hire a professional home inspector to evaluate the condition of the property before finalizing the purchase. This contingency typically specifies a certain period of time, often around 7-10 days, during which the buyer can conduct inspections and negotiate repairs or credits with the seller based on the inspection findings. If significant issues are discovered during the inspection that the buyer is unwilling to accept or address, they may have the option to withdraw from the contract without penalty, or negotiate with the seller for repairs, credits, or a reduction in the purchase price.
Geeky Takeaways:
- The home inspection contingency provides buyers with a crucial opportunity to assess the condition of the property before committing to the purchase.
- If significant issues are uncovered during the inspection, buyers can use the findings as leverage to negotiate with the seller.
- Typically, the home inspection contingency comes with a specified time frame, often around 7-10 days.
Table of Content
- Importance of Home Inspection Contingency
- What a Home Inspection Covers?
- Exterior Inspection
- Interior Inspection
- Not Covered in a Home Inspection
- After the Home Inspection
- Is Home Inspections Worth the Investment?
- How and When to Waive the Inspection Contingency?
- Conclusion
- Home Inspection Contingency – FAQs
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