When your Realtor writes an offer to purchase, you have the right to conduct inspections on the property. These inspections allow you to walk through the property with knowledgeable professionals to help determine the true condition of the property. This process is a very important step to determining the value and desirability of the property you are purchasing.
Structural Pest Control Inspection The Pest Report is your Structural Pest Control Inspection, conducted by a licensed inspector. Most people are familiar with termites, but this inspection goes much further, looking for any wood destroying organisms that may be present. This includes actual termites, dry rot (caused by fungi), water damage, and wood boring beetles.
Note: Items addressed by the Pest Report will be categorized as Section 1 Items or Section 2 Items. Section 1 items are signs of actual wood damage, where Section 2 items are conditions which will cause damage in the future. Buyers and sellers focus most of their attention to Section 1 damage.
Who pays for the damages? The terms agreed to in your Purchase Contract define whether the seller or buyer will pay for pest work. All damage is negotiable, and how it is handled is dependent on the circumstances. Your Realtor will use their experience to help analyze your situation.
Property Inspection: The Property or Home Inspection is your opportunity to have a professional walk through the property with you to determine the condition of the property. You will discuss whether the major systems (roof, heating, foundation, electrical, and plumbing) appear to be functional and installed properly, and whether you might need to have additional inspectors look at any part of the structure that is of special concern. The information obtained in the written report is extremely helpful, not only during the escrow, but also for creating a punch list of items to correct after you own your new home. It is entirely your choice to approve the report or not. If you are unhappy with the condition of the property as discovered through the inspections, you can decide not to purchase the property. If you would rather, you may be able to renegotiate the price and/or terms of the purchase to make any necessary allowances.
Other Inspections: There are many other types of inspections which include but are not limited to these: structural, sewer, and septic system; air conditioning, electrical and mechanical systems, and built-in appliances; soil, retaining walls, and geologic condition; pool, spa and related equipment; location of property lines and size/square footage of the property; and possible environmental hazards such as asbestos, electromagnetic fields, formaldehyde, radon gas, lead-based paint, fuel or chemical storage tanks, hazardous waste, and other materials or products.