After running through an endless list of properties to choose from, you have finally found that one property, which seems to fit your needs and wants in a home. While it may seem like all that's left for you is to view the property and the contract and seal the deal, here are some things you need to check out before closing on the sale.
Performing a rigorous home inspection before closing on the sale is a definite must. Not only will this ensure you that the home you will be buying is at its tip-top shape, it will also assure you that you won't need to spend a huge amount on repair in the months or years to come.
Pest/termite inspection is one of the things that you need to check before closing on the sale. According to Trulia, having a professional check for the presence of pests and termites in your prospective home is not only inexpensive; it can help you save money down the road.
It is also important to have the sewer system checked before signing the contract with the seller, especially when the property is older than 20 years. It is already expected that older properties may have some pipes breaking down, and the sewer professional can help you assess if there will be some huge problems for you in the long run.
A foundation expert should also be consulted prior to closing, as such professionals will be able to distinguish if minor cracks in the house are signs of major foundational problems. Such kinds of problems are found most often on older houses and this may even cause a problem with your lender.
Once you've run through this list of inspection must dos before closing on the sale, the results can then be used to either find a new home or to negotiate with the seller, Investopedia reported.
According to the outlet, the findings from these inspections can be used to negotiate with the seller to lower the selling price or to have the seller make the necessary repairs before you close on the sale. This way, you will not only save money, but you will also save yourself from headaches in the long run.
