Selling a house for sale by owner, also known as FSBO, can seem like a tempting idea. The thought of not paying a listing agent commission to sell your home is often attractive to homeowners who
Home Inspections In Brevard County: Do Buyers Need A Home Inspection?
Dated: September 21 2021
If you're thinking about buying a house in Brevard County, you might be wondering whether you need to add a home inspection to your list of expenses. In this article, we're discussing what a home inspection is and why having one is important if you want to protect your investment.
What Is A Home Inspection?
What is a home inspection? It's a common question asked by those who are unfamiliar with the process. Before we explain what a home inspection is, it's helpful to define what a home inspector is. A home inspector is a licensed person who inspects properties for defects. To find a licensed home inspector in Brevard County, you should ask your trusted real estate agent for a recommendation or visit myfloridalicense.com.
The overall goal of the home inspection process is to identify issues within a home that could cause problems for the potential buyer in the future. Typically, home inspections occur after your offer has been accepted, during the inspection contingency period.
Inspecting a home can be a daunting task but is necessary if you plan to protect your investment. In Florida, no laws require a home inspection as part of the purchase process. This means it is ultimately up to the buyer to determine what type of inspection should be conducted. Some buyers choose to hire a licensed Florida home inspector because they feel more comfortable having an independent third-party inspecting the property. Being armed with this information can help you make an informed decision on whether or not you want to move forward to closing.
What Happens During a Home Inspection?
Home inspections typically take several hours to complete and include a detailed walk-through of the home you're looking to buy. During a home inspection, a home inspector will visually assess the home's physical structure and mechanical systems, including the roof, ceilings, walls, floors, windows, and doors. The inspector takes notes and pictures, in addition to commenting on what they see in order to provide an objective opinion of the home's current condition.
It's important to note that a home inspection is a snapshot of the home's condition at that moment. Although inspectors will spot most of the obvious problems, it's sometimes not possible to catch everything. That means hidden pests, asbestos, mold, or other potentially dangerous substances could go uncovered.
What Happens If A Problem Is Uncovered During a Home Inspection?
If the home inspection reveals potential problems with the property, you have a couple of options to consider, including:
- Accept the house as-is with the understanding that it has needed repairs.
- Request that the seller make repairs before closing
- Ask for a reduced sales price.
- Request a credit towards your closing costs
- Ask to be released from the sales agreement (this should be done within the inspection contingency period outlined in your purchase agreement)
It's crucial that you discuss any potential options with your real estate agent before making a decision. Professional real estate agents deal with multiple inspections negotiations a week and can help you successfully determine the best next step for your particular circumstances. In addition, the best real estate agents have a list of valuable contractors and resources who can provide quotes for needed repairs. This can help you determine if the cost of repair is worth moving forward with your purchase.
Buying A Home In Brevard County
If you're looking for your dream home in Brevard County or the surrounding areas, speak to one of our dedicated real estate agents today. Our knowledgeable agents can help guide you seamlessly through the real estate sales process from showings to closing!
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