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ABA Family Legal Guide
Buying and Selling a Home
The Steps of Buying and Selling a Home
Home Inspections
What is involved in a home inspection?
A professional home inspection can vary among localities, but generally the aim is to discover any problems with the home that might not be readily apparent to an untrained person. Most inspectors check to make sure there are no material defects or problems with such items as the electrical, plumbing, heating, and air-conditioning systems. The inspector also may check for termites; the age of the roof and when it might need replacement; condition of the basic structure, including the foundation; evidence of basement seepage; and other problems. Some inspectors check for radon concentrations, lead paint, mold, or other environmental hazards, and may also test the well water and the functioning of the septic system.
Most buyers do not want to pay for an inspection until they have settled on other terms with the seller. To do this, the buyer often uses an inspection contingency to provide that the contract is contingent on a favorable inspection of the home. The inspection should be done within a short time after the contract is signed. Inspection fees vary, depending on such factors as the size and type of building inspected. As a general rule, buyers should anticipate a fee somewhere between $250 and $500.
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