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An Indispensable Part Of The Process

A Comprehensive Overview Of A Home’s Condition

Getting a home inspection is an essential part of the home buying/selling process. Although usually initiated by the buyer, a home inspection is also beneficial for the seller; in some cases sellers may want to have an inspection done ahead of the sale. By doing so, the seller can be aware of any existing conditions on the property that may need to be addressed. The seller can then choose to fix the problem, or account for the cost of doing the repair in the stated cost of the home. For the potential buyer, a home inspection provides important perspective of what additional costs may be necessary to maintain the home’s integrity and safety.

What An Inspection Looks For

A home inspection will examine the physical condition of a home, looking for such elements as:

  • Foundations and other structural elements
  • Roof condition
  • Electrical problems
  • Plumbing issues
  • Mold and mildew
  • Water damage
  • Inadequate insulation
  • Outdoor drainage issues
  • Leaky windows

Once the inspection is complete, both the buyer and a seller have a more complete overview of what the actual cost of the house will be, factoring in needed repairs. Based on that information, the price of the home may be further negotiated.

Talk To An Attorney About A Home Inspection

Have more questions about home inspection? Contact one of our New York real estate lawyers at Futterman, Sirotkin & Seinfeld, LLP, by calling 718-577-2573 or 866-679-2513, or by sending us an email.