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The buyer
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∙ 15y ago
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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.
Are home inspections made public?
Typically, home inspection reports are not made public unless the homeowner decides to share them. The details of a home inspection report are generally considered private information between the homeowner, buyer, and the inspector.
Who is responsible for home inspection in a real estate sell?
The interested buyer usually pays for the properties inspector.
What is a Home Inspection?
If you are seriously looking into buying a home, getting a home inspection done should definitely be on your "to do" list when you find the right one. Home buying is a major decision that is carefully considered and all precautions taken. One of those precautions is a home inspection. The home inspection is performed when the buyer is seriously considering buying a particular home. Anyone has the right to get a home inspection done whether the home is being sold privately, through a real estate agency, or via an auction. Sometimes, a written agreement to purchase a home includes a contingency that a home inspection is completed before the sale is final. Normally, the prospective buyer pays for the home inspection. Look for a reputable inspection agency or individual in your area. A trained and certified home inspector knows what to look for and can perform a thorough job. The inspector checks many aspects of the structure to ensure it is safe, but home inspection is not exhaustive and may not reveal every defect. There are exclusions. Regulation of home inspection companies does not occur in every state. Some states do not require licensing, either. If no requirements are in place, anyone can legally be a home inspector. The inspector looks for unsound building practices used in construction. They examine the structural soundness of the home, the foundation, and the roof. When qualified, he or she may inspect for termite damage that can happen in older homes. On the inside, the inspector will look at items that normally require general maintenance. This may include the heating and cooling system and the water heater. Other things that are checked are electrical and plumbing components where easily accessed. A water test is a good idea if the property is served by a private well, and, in fact, some mortgage companies require it. Overall, the inspector will look for signs that all is in good and working condition. The inspector creates a report of their findings and provides it to the buyer. A house does not fail or pass the inspection. The inspector may make recommendations for remedying any adverse situations or problems.
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.
What happens when sheriff pays more than what is owed at sale?
money will go to the person buying the home
Who pays fine for expired inspection sticker?
The owner of the vehicle
Who pays sale tax?
The person who is buying the product pays the sales tax.
Who pays the agent when buying a house?
It is the seller that pays the commission to the agent from the buyers funds.
Who pays for septic system inspection when selling a house?
The buyer normally pays for all inspections as part of his due diligence when finalizing the purchase of a home. Added: the parties are free to contract any terms and conditions of the sale, which usually identifies which party will be responsible for any inspections. For example, in a commercial transaction, it would not be uncommon for a specialized inspection to be split between the parties.
When buying a car from the auction who pays the taxes on the car?
The buyer.
What best describes why renting a place live is generally cheaper than buying a home?
Renters don't own anything as a result of their payments, while homeowners do
