| Buyer Inspection |
| Inspection is
bought and paid for by a potential buyer involved in a real estate
transaction, generally after making an offer on a property.
|
| To get an honest and
impartial report of the home's condition, be informed of any defects
and/or deficiencies and upcoming repairs, and to avoid unpleasant surprises
after the sale.
|
| If defects
and/or deficiencies are found during the inspection, the items
are generally repaired/replaced or negotiations are made to
the final selling price.
|
| |
|
| Seller
Inspection |
| Inspection is
bought and paid for by a seller prior to property being put on the market. |
| To be able to comply
with full disclosure laws, inform potential buyer of defects and deficiencies
before showing, and to avoid lawsuits after a sale. If defects and/or
deficiencies do arise, the seller has an opportunity to
repair/replace the items prior to an initial showing. The Seller
Inspection can also increase the speed of sale and could result in a higher value for the
property if everything is in check. |
| Generally, a Review
Inspection is sold to the buyer at time of closing to review the
previous Seller Inspection report. |
|
| Listing Inspection |
| Generally, a real-estate
broker buys a Seller Inspection
for every listing and can advertise that homes are already inspected
at the broker's expense. |
| To increase listings, attract buyers to inspected homes,
close deals faster and reduce the number of deals that fall through. |
| Generally, a Review
Inspection is sold to the buyer at time of closing to review the
previous Listing Inspection report. |
|
| Purchased by
a potential buyer of a property at closing time, to review the
previous inspection report. |
| To have the Property
Inspection Report made available, verified by the
inspector who performed the inspection and have the inspector
explain and show any defects and/or deficiencies noted in the report
and update it. |
|
| Home Checkup Inspection |
| Inspection
purchased by a homeowner, not involved in a real-estate transaction. |
| To learn what to do
in the interest of preserving the home in optimum condition, inform
of any repairs needed, and learn how to avoid problems in the
future. |
| |
|
| Condominium/Townhouse Inspection |
| Inspection
purchased by a potential buyer or renter, generally after touring or
making an offer on a property. |
| To get an honest and
impartial report of the home's condition, be informed of any defects
and/or deficiencies and upcoming repairs, and to avoid unpleasant surprises
after the sale or during the renting period. |
| Prior to the
inspection, we request a copy of the bylaws determining the 'common'
areas in the unit. It is important for us to inspect these
common areas and note deficient items even though they are not the
responsibility of the buyer/renter. |
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