The Home Buying Process
Step 9: Conduct a Home Inspection
Every offer to purchase real property allow you to have a professional, physical inspection completed before your earnest money becomes unrefundable and before you finalize your deal. Inspectors help buyers minimize the negative consequences of not knowing too much about the property before moving in. You will pay for the inspection and your real estate agent can help you identify a certified inspector that you can trust.
Inspectors will look for various things, including, but not limited to:
- Structural problems with foundations or walls
- Outdated or defective wiring
- Faulty plumbing
- Potentially leaky roofs
- Poor drainage
After your inspector has finished his physical inspection, your inspector will issue a report, which you then can review independently and with your real estate agent. If the report reveals problems with the house, work with your agent to either resolve the problems or withdraw from the offer.
