Monday, August 14, 2017
- by Mike Croxall, president, Home Builders Association of Greater Chattanooga
Whether youre closing on your first house or your fifth, buying a home can be both exciting and overwhelming at the same time. But dont let your long to-do list deter you from completing one of the most important items: scheduling a home inspection.
Although not required by law, many lenders in the Chattanooga area do require a home inspection, which helps protect the large investment you are about to make. Its important to learn as much as you can about the physical condition of the home before you buy it, to ensure its a sound investment. And while an inspection cannot guarantee the condition of a home, the inspector can alert you to items that need repair or any safety concerns.
Here are a few things to keep in mind about the home inspection process.
1) Inspections Should Happen As Soon as Possible
It is the buyers responsibility to schedule and pay for the inspection. You should schedule the home inspection as soon as you can after your offer has been accepted. This ensures youll have enough time to request repairs or to get out of the contract if ...