As your agent, we will advise you to make your home purchase contingent upon a complete physical inspection of the home.
The mutual acceptance of your offer, and counter offers, initiates the inspection period. The default time period preprinted in the California state purchase contract is 17 days; although the parties may agree to a longer or shorter inspection period by mutual written agreement.
At the minimum, we will advise you to obtain a general physical inspection. Be prepared for a thorough inspection to take 3 or 4 hours, or more, depending upon the size and condition of the home.
Plan to attend the inspection. Wear comfortable, rugged clothing in case you decide to check out the attic or basement crawlspace during the inspection.
Make a list of anything you noticed during previous visits to the home; such as a discoloration on a wall or ceiling, that you want to ask the inspector about. Bring a small digital camera, or be prepared to use your cell phone camera, to make a visual record of any particular conditions the inspector points out. Most inspection reports will include photos taken by the inspector, but it is also useful to have your own set of photos for reference as you later review the inspection findings.
In addition to the general inspection, it is not unusual for buyers to also obtain inspections by a foundation specialist, a chimney specialist, a video inspection of the sewer line, and a geological review.
If defects are discovered in the inspection process, you can choose to accept the property as is, or you can request that the seller make repairs or financial concessions, or you can choose to cancel the purchase. This must be done in writing, within the agreed inspection time period, but it gives you, as the buyer, an extraordinary level of protection.
Would you like to know more? Call Bob Taylor Properties at 323-257-1080 or email at bobtaylorprop@gmail.com