The home buying process can be confusing and overwhelming for first-time home buyers who are not familiar with the process. The most commonly misunderstood areas are closing costs and the home inspection process. Many buyers are uncertain of what to expect from the home inspection, how much and when they will have to pay for the inspection.
Keep reading as we share some important information that will help you prepare for the home inspection.
When To Schedule The Home Inspection In Columbia, SC
Once you’ve signed the dotted line to purchase the property, the clock starts ticking as the timeline is set to accomplish
all the contingencies laid out in the agreement. Two of those contingencies are the appraisal and the home inspection. Although commonly confused as being for the other, the two are very different and have different processes.
A home inspection is an optional report and is generally not required when using a mortgage loan to purchase a home. The home buyers choose to purchase the home inspection to learn more about the current condition of the property before the sale is finalized. In your sales contract there is typically a contingency period at the beginning of the process. During this time it’s best to get the home inspection as soon as possible, to allow for any necessary negotiations.
Will The Home Inspection Be Included In Closing Costs?
Your closing cost include all of the expenses and fees associated with the home buying process
This could include charges by the lender or other third parties for services rendered.Closing costs include all of the expenses and fees associated with buying a home. They may be charged by the lender or other third parties for
services rendered The home inspection is typically paid for at the time services are rendered.
What Are You Gaining By Waiving The Inspection?
Even when a home appears to be beautifully designed and well-mainted, there can be substantial costly issues hidden
in the structure. By waiving the home inspection, you are gaining uncertainty of not knowing the true condition of the home and costly repairs and maintenance issues that may go unnoticed by a naked or untrained eye.It’s wise for new homeowners to know what’s working and what’s not, so that you are prepared for any surprises and costly expenses
that you were overlooked. If you are in the market for a home inspection, contact S&J Home Inspection for all your
home inspection needs in Columbia, SC and surrounding areas. Ask about our same-day termite and home inspection.
Get your termite inspection, home inspection, and CL-100 letter all in just one visit.