When you are buying a home for the first time, you’re likely to run into many processes that you haven’t been through before. One of the most important parts of the purchasing process is your property inspection. It may seem daunting, but if you know your role and the role of others, it can make the process less stressful. Here is what you should expect for each role in the property inspection process.
Your job will be to learn about the property during inspection. Before the inspection, you should prepare by looking over the property disclosures or any other property documentation you’ve received up until that point. Make a list of any questions or concerns you have about the documents and address any issues that the listing agent may have pointed out. Ask your agent what the typical inspections are for your market and make sure you set aside a couple hours to meet with the Inspector after the inspection has been completed.
The Buyer’s Agent
Your agent should be with you and help to walk you through the inspection documents and to discuss the findings with the Inspector. Your agent should know what to look for during inspections and be able to let you know what is important and needs to be addressed before the transaction is complete and what is a quick fix.
The Listing Agent
In most cases, the listing agent is not present during the home inspection, however they do have the right to attend if they choose.
You will hire the property inspector as the buyer. You can get a referral from your agent to find a licensed inspector in your state. The inspector is there to explain what may need changed about a property and the potential cost it would have for you. They are not there as a contractor and will not be fixing thee problems, simply inspection the property and overall state of the house. Watch the above video to understand more from an Inspector's perpective.
If you have additional questions regarding the Home Buying Process. Please feel free to contact me.