Wichita Home

All About Wichita and Wichita Real Estate

On To Inspections

After the seller of a piece of real estate and the potential buyer come to an agreement it’s time to move on to inspections. Inspections are an important part of the home buying process and considered by most agents a must. In Wichita we have a form that has to signed saying we suggested it to you.

It is your responsibility as the buyer to find and pay a home inspector. You can ask your Realtor for referrals and then make a decision based on your own research or opinion. It’s best to find one that is registered with the state of Kansas. We have plenty to choose from in Wichita.

An inspector goes over the property checking components of the home insuring they are in working order and safe. This is a visual inspection and if the inspector finds something questionable he will generally suggest you hire a licensed contractor to further check it out. Most inspection reports come with a disclaimer that reads something like this:

“SCOPE OF INSPECTION
The scope of the inspection and report is a limited visual inspection of the general systems and components of the home to identify any system or component listed in the report which may be in need of immediate major repair. The inspection will be performed in compliance with generally accepted standards of practice, a copy of which is available upon
request or included with this report.”

After the inspection the buyer has a right to ask the seller to make certain repairs. The seller isn’t required to do so under contract unless he deems it favorable to the outcome of the deal. Then he or she  may make the repairs and move forward. The contract has a section that makes it possible for the buyer to back out if an agreement can’t be reached in a specified number of days.

Personally I recommend having the inspection done before the appraisal. That way if there turns out to something terribly wrong with the house and the contract doesn’t go forward your not out the appraisers fee, which can be substantial.

Once The inspection report is finished, accepted and any repairs are agreed on it’s time to move on.

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July 29, 2010 - Posted by | buy, Home, house, kansas, real estate, Realtor, Wichita | , , , ,

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