Similarly, Getting The Home Fixed After The Wood Has Been Destroyed Can Be A Costly Endeavor

Category: Finance, Real Estate.

So, you have found the house of your dreams and you think you are ready to initiate the closing process. In fact, there are several different types of inspections that you might want to have completed before you sign any type of agreements.

Before you give your Realtor the thumbs up for finalizing the deal, there are a, however few things you should do in order to protect yourself and make sure you are getting a home that will bring lasting memories rather than turn into a money pit. Some of these include: - Termite inspections. - Dry rot inspections. - Asbestos testing. - Faulty structure inspections. - Roof condition inspections. - Septic tank and well testing. In addition, with the right Realtor on your side, you might be able to get the seller to pay all or a portion of all of these inspections as a part of your purchase agreement. Although getting these various inspections completed can cost you a bit of extra cash, it will be well- worth it to know whether or not you are making a solid investment with the home you are purchasing. Termite and Dry Rot Inspections. With these problems, the structure of the home can be severely weakened and it can begin to fall apart.

One of the worse problems you can face with a home is a termite infestation or dry rot issues. Similarly, getting the home fixed after the wood has been destroyed can be a costly endeavor. Asbestos Testing. As your Realtor to insist that the seller complete a termite inspection and provide a guarantee of the soundness of the structure before you finalize the purchase. You won t find asbestos in homes that have been recently constructed, but older homes may still have lingering asbestos. Similarly, getting asbestos removed can be quite costly. You certainly don t want to purchase a home with asbestos, as it is very dangerous to your health.

Therefore, it is important to have your Realtor address this issue, particularly if the home you are purchasing is older. Just as dry rot and termites can wreak havoc upon your home, having a structure that is inherently flawed will cause a great deal of problems to arise in the future. Faulty Structure Inspections. Similarly, if you have problems with your foundation, the structure of your entire home can be at risk. Septic Tank and Well Testing. By working with your Realtor and hiring a professional to inspect the craftsmanship of the structure and foundation, you can be rest assured that your future home will be in great shape for years to come.

If you are moving into a home that does not have city water and sanitation, you will need to rely upon a septic tank for your waste and a well for your water. Although you may have to replace your septic and have a new well dug in the future, you shouldn t have to do either of these two things too soon. Ask your Realtor to have these two items inspected in order to make sure they are in good shape and meet current codes. Similarly, they should be space far enough apart from each other to prevent contamination. If not, have your Realtor work out the cost of remedying the problem so that the seller pays either all or part of the cost.