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All informed buyers will want to have a professional inspection performed to know the exact condition
of the property. Inspections can include: whole house, termite and pest, roof,
soils, structural and pool. Basically, the buyer is going to want to inspect every nook
and cranny of your property, so be prepared and don't take it personally.
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Buyers may request that you repair problems identified or reduce your price or walk away from the deal.
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Typically, a buyer pays for the home inspection and chooses the inspector.
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Make sure you give the buyer a time limit on inspections. Delaying the inspections can
delay the closing.
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A home inspection does not relieve you of disclosing any known defects. Rather, it helps
to uncover unknown defects.
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You should be present during the inspection and be sure you understand exactly what the inspector's
report says. Just because it is noted that the roof is leaking doesn't necessarily mean
you have to replace the roof.
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If the issue is a health or safety concern, fix it. You do not want to deal with a
potential lawsuit.
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Make sure you have a clearly written repair agreement and everyone understands how the repairs
will be handled. Make sure everyone signs the repair agreement.
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Most buyers will have a final walk-through a few days prior to closing and re-inspect all repairs.
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A home inspection protects you as well as the buyer. The home inspection reveals the
condition of the property. And if there are problems, it is better to deal with them
now than after the sale when the buyer's attorney comes knocking.
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