Yes, buyers can usually back out of a deal if the inspection reveals major issues, especially if contingencies are in place.
Yes, buyers can use the inspection report as a negotiation tool, either to lower the purchase price or to request repairs.
Home inspection costs vary based on factors like location and property size. On average, expect to pay a few hundred to a thousand dollars.
Sellers are not obligated to make repairs, but negotiations can take place based on the inspection report. It depends on the terms agreed upon in the contract.
Yes, buyers are encouraged to attend the inspection. It’s an opportunity to ask questions, gain insights, and understand the property’s condition firsthand.
The duration of a home inspection varies but typically takes 2 to 4 hours, depending on the property’s size and complexity.
A home inspection provides a comprehensive evaluation of the property’s condition, helping buyers make informed decisions and uncover potential issues.
Major structural/foundation defects, extensive roof damage, faulty electrical or plumbing, HVAC/appliance issues, fire & safety hazards, outdated systems, or signs of extensive water damage/pests would likely cause a home to fail inspection.
Usually 1-3 hours depending on the home’s size. The inspector will need access to the entire property during that time.
Cost ranges from $300-$500 depending on home size, location, scope of inspection, and additional tests. Larger homes with multiple systems cost more. Get quotes from a few inspectors.
