A home inspection can relieve some of the stress of purchasing a house. Independent home inspectors can give a buyer a full assessment of the property he or she is considering purchasing. The inspector’s report provides a full and unbiased evaluation of the house’s condition and indicates whether the house needs any work or may need work in the future. Reviewing a home inspection report with a real estate attorney can provide a buyer with an advantage when negotiating the purchase.
Contact an Iowa real estate lawyer representing clients in Northwood, Iowa today to schedule your initial consultation.
Obviously, a buyer should inspect a house before making a decision. However, a professional inspection should be done to uncover less obvious defects. In many states, inspectors require a license. FHA and VA loans require a third and usually less thorough inspection at the time of appraisal. This appraisal is focused on the property’s value, and not condition.
The cost of an inspection is generally less than $500. It is well worth the price to disclose problems with the property’s value and safety. A real estate attorney can help to guide you through the inspection process.