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Explaining the home inspection prior to sale

Are you considering buying a home? Do you want to sell your home in Charlotte? It doesn't matter which side you are on, it's important for you to get a home inspection prior to signing on the dotted line. The home inspection is vital to the approval of a residential real estate transaction. Let's take a look at the home inspection and how it affects the sale of a residence.

When a home inspection takes place the inspector will look at every nook and cranny of the residence for various issues. The inspector will look for problems with the electric, the foundation, bug infestations and much more. The inspection is required in most jurisdictions before a property can be sold to a new owner.

The inspection should take at least an hour. If it takes any less than an hour the inspector did not do a thorough enough inspection of the home. The inspector will then write a detailed report of what he or she found in the home during the inspection.

Depending on what has been found you might decide that backing out of the purchase of the home is in your best interest. Or, it could be easy enough for the seller to make the repairs prior to closing so that the deal does not collapse.

As you can see, the home inspection is vital when it comes to buying or selling a home. You will be able to find various problems with the home prior to making the purchase in North Carolina. This can help you protect your investment from any issues.

Source: FindLaw, "Real Estate Law," accessed June 15, 2018

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