When should a prospective home-buyer order an inspection?
Some buyers may consider having a home inspection performed prior to making an offer on a home.This may sound like good advice,saving time by eliminating the possibility of a deal falling trough, but it may actually be counterproductive.for example,buyers can make low-ball offers based upon pre-contract inspections,this turning off sellers.
You should,however,order a home inspection soon after your purchase offer has been accepted and you have signed an agreement of sale.Many real-estate contracts allow a limited number of days to complete a home inspection(and then to request repairs,or cancel the contract if needed)
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Thursday, March 1, 2012
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