Seller musts when fixing home defects

Don't underestimate power of second opinions
Published on Jul 5, 2011

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by CareyBot

Some experienced investors buy foreclosure properties cheaply without even having seen the property. However, most buyers shouldn't buy a property unless they have had it thoroughly inspected by qualified professionals. Inspections are a necessary part of the homebuying and selling process.

Sellers should be leery of buyers who offer to purchase without an inspection contingency. A well-inspected property protects both the buyers and sellers from after-closing claims that can be time consuming and expensive to resolve.

Many sellers have presale inspections done -- usually structural pest ("termite") and home inspections -- before they put their homes on the market. A question is when to have the inspections done: a reasonable time before the hou