PROTECT YOUR INVESTMENT WITH THE INSPECTION CLAUSE

by Maria Del "Carmen" Sanchez

What does the inspection clause means?

 
This is the period during which we may perform a thorough physical inspection of the property to determine any potential “hidden” damage or deficiencies in need of repair that we were unable to observe on the day we viewed the property.

Where is this clause stated?

The purchase/sale contract establishes:

Deadline for inspection Maximum amount of estimated repairs or damages that would allow the cancellation of the contract

Who performs the inspection and how?

It can be done through a licensed inspector who uses instruments, tools and measurement techniques of:

Structure household appliances,

Air conditioning and heating

Water heater

electrical wiring

roof condition

Water pressure / plumbing

electrical switches

Source and quality of water Septic Tank System

Presence of pests (termites, cockroaches, rats, mice, etc.)

The inspector prepares an extensive report with estimates of repairs or replacements that will give you a very clear idea of the condition of the property.

If you do not wish to hire the services of an inspector, you can carry out the inspection yourself.

Is it the seller's responsibility to repair or give a credit?

No, this inspection only allows the buyer to make the decision to go ahead,

“attempt” to negotiate or to terminate the contract according to the amount established in the clause.

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Maria Del "Carmen" Sanchez

Maria Del "Carmen" Sanchez

Agent | License ID: SL3369295

+1(915) 309-6418

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