Inspection

photoOnce an offer is accepted, a buyer typically has negotiated for the opportunity to conduct a home inspection.  The home inspection should be performed by a licensed home inspector and typically costs between $300 – $500.  The home inspection is an excellent opportunity to learn about your (hopefully) new home through the trained eyes of a home inspector.  He or she will generally walk through the entire residence and evaluate the condition of the structure, mechanicals, plumbing, heating, visual inspection of the roof and a host of important and relevant components.  If the inspection reveals conditions of the property which were not readily apparent, the terms of most offers permit for either a renegotiation between the parties to reach a mutually satisfactory means of addressing the issues or cancellation of the deal altogether.