At or about the time of contract execution in a residential transaction, the condition of the heating, cooling, plumbing and electrical systems coupled with that of the structural components becomes the foremost issue in the transaction and such conditions, when negative, typically give rise to contentious negotiations for adjustments to the initially accepted purchase price. In such, the home inspection not only offers lay purchasers ammunition for offsets, but when mismanaged the inspection can kill the deal completely.
To save your deal while leveraging proper due diligence, it is important to understand these top five home inspection issues in residential real estate transactions.
Read the full article, written by Andrew Lieb, Esq. here.