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Does FHA still require for your protection get a home inspection?
Wiki User
∙ 12y ago
Yes. See related link for more information.
Yes. See related link for more information.
Yes. See related link for more information.
Yes. See related link for more information.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoYes. See related link for more information.
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Is a home inspection mandatory with an FHA loan?
Yes. With any loan there will be an inspection.
What are the typical closing costs involved with the home sales?
Some typical closing costs are title policies, an escrow, a notary, wire fees, courier/delivery, attorney fees, endorsements, rcording, transfer taxes, home protection plans, natural hazard disclosures, home inspection, lender fees, fire insurance, flood insurance, property taxes, mortgage and interest.
If you have a loan of 100 percent financing for a home should you still have to put any money out of your pocket?
Yes and No. 100 percent financing means that you are not required to have a down payment. When obtaining a loan there are costs involved. The closings costs can be included in your purchase contract if the seller agrees to pay them or a portion of them. Most loan programs require a certain percentage of closing costs be paid by the buyer, but it is possible to buy a home with no money out of pocket. If you have any questions email me or call 214)607-1445. You will still have to pay appraisal and inspection fees and have a minimum amount at closing.
Who pays for a home inspection?
In a real estate transaction, typically the buyer pays as it is the most beneficial to them to have this process completed. There are seller inspections where they will pay before placing their home on the market to show what condition their home is in and there are home maintenance inspections that are designed for home owners where the home owner will pay. Most realtors will stress the importance of a home inspection and will sometimes pay for their client or negotiate for the seller to pay. Nine times out of ten it is the buyer.
Does the buyer usually pay for the home inspection?
Yes. Usually. There are pre-listing inspections in which the seller of the house wishes to provide an honest disclosure of the condition of the house at the time of inspection. These are paid for by the seller and are available to serious potential buyers. But most of the time the buyer will hire and pay for the inspection, which I highly recommend.
Do i need a home inspection to buy a house?
If you buy the house outright yourself then no you do not need a home inspection..If you are going to finance the house your lender may require a home inspection to protect their investment.... Regardless of whether you are required to or not,it is still sound advice to have a home inspection done before you buy the house, even if the seller/realitor has already had a home inspection done,you still need to hire your own professional and have it done again,because those doing the inspection for the seller/realitor are looking out for them not you....
Before I start a home inspection career in Idaho, do I need a license or a certification?
You need to get a certification as a home inspector. This will require that you take a course as well. Home Inspection is quite complex and not something you can pick up easily without training.
How to get a copy of your home inspection report?
Typically your home inspector will make the home inspection report available on their website, or will email you a link where you can download an electronic copy. Very few home inspectors these days are still printing paper copies of inspection reports and mailing them to their clients.
Home inspection is private or public?
A home inspection is a private service that is typically requested by people who are looking to buy or sell a home. A home inspection is when a certified inspector is hired to inspect a home to determine the condition of the home. The results of a home inspection are confidential and are only shared with the client who requested the inspection. The results of the inspection may affect a real estate transaction. However, the inspection itself is not public, which protects the client's privacy.
what is meant by home inspection classes?
To enter the field of home inspection, going through home inspector training is key. ... A home inspection is meant to determine the condition of all aspects of a ... www.online-education.net/top.../home-inspection-training.html
How do you do a home inspection?
You need to hire a home inspector who will supply you with on when the inspection is completed.
How can I prepare for a home inspection?
I was informed that I will have a home inspection. What should I do to prepare for such a thing?
If I go to home inspection school can I inspect my own home fore sale?
It isn't advised to inspect your own home. It will look much more professional to have an uninvited party inspect your home. However if you still wish to go to a home inspection school, try pennfoster.edu. They have great programs.
Where can I get home inspection training ?
You can get home inspection training online at www.homeinspectionbook.com/. You can also find out more information about home inspection training in your area at that site. Good luck!
How do you obtain a home inspection report?
You need to hire a home inspector who will supply you with on when the inspection is completed.
What job requires a Home Inspector certificate?
All construction and building inspectors require this certificate. A home inspection is a critical factor in buying a house, people need to know that it is structurally safe.
Do home inspections become public information?
The only person who will get a copy of the home inspection report is the person who requests the inspection and pays for it. The home inspectors' commitment to you is to present you with a comprehensive, unbiased home inspection report.
