Inspections. As a Buyer you want to take an active role in the transaction. Requesting contingencies and inspection rights in your offer are critical as they enable you to ascertain the condition of the property beyond what the “Property Disclosure” may or may not have included.
Because conditions and defects are often difficult to locate and discover, all Buyers are encouraged to obtain Independent Inspection by appropriate professionals to ascertain facts that are important to him or her. However, it is not legally required, so you, as the buyer, must pay for it (typically at the time of the Inspection).
What if the inspections turn up problems? You should expect problems to be uncovered. While some may be a matter of simple cosmetics, others may be more serious and may call for costly repairs. The good news, however, is that in most cases you and the seller will be able to come to terms. You may decide to compromise and share the costs of repairs or the seller may take the responsibility. In some cases, you may just decide that an issue is not important enough to risk losing the home.