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After negotiating an accepted contract on the home
of your choice it is recommended that you have the property
inspected by a professional Property Inspector. Most often
the contract will allow a reasonable period for this inspection
to take place.
The purpose of the inspection is to reveal unknown defects so that
you will have the choice to purchase the home, decline to purchase
or perhaps reach an accord with the seller and purchase it knowing
about the defects.
The inspector's job is to look at the home with more expertise
than you have and without the emotional investment that you may
bring. (You know how people in love just cannot see the faults of
their loved one?)
The inspection can cost several hundreds of dollars (even more
when the home is especially large) and it is an investment well
worth making.
Understand, the home is not new, and you would not expect it to
be new, however, you would still like to know it there are large
expenses in store that you are not expecting. For instance, you
would not expect a new furnace in a 25 year old house, but you would
like to know if it is working, but about to fall apart.
Once you are satisfied regarding the condition
of the property, we get seriously involved in
getting a home loan.
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