When you are buying a home for the first time, you’re likely to run into many processes that you haven’t been through before. One of the most critical parts of the purchasing process is your property inspection. It may seem daunting, but if you know your role and the role of others, it can make the process less stressful. Here is what you should expect for each role in the property inspection process.
Your job will be to learn about the property during the inspection. Before the inspection, you should prepare by looking over the property disclosures or any other building department documentation that you’ve received up until that point. Make a list of any questions or concerns you have about those documents and address any issues the listing agent may have pointed out. Ask your agent what the typical inspections are for your market and make sure you set aside a few hours for the inspection.
The Buyer’s Agent
Your agent should be with you and help to walk you through the inspection. Your agent should know what to look for during inspections and be able to let you know what is important and needs to be addressed before the transaction is complete and what is a quick fix.
The Listing Agent
The listing agent may not be present for the inspection in some cases. Otherwise, the listing agent will be there to advocate for the seller and help to address any issues that may arise, as they are likely the most familiar with the property.
You will hire the property inspector as the buyer. You can get a referral from your agent to find a licensed inspector in your state. The inspector is there to explain what may need to be changed about a property and the potential cost it would have for you. They are not there as a contractor and will not be fixing the problems, simply inspection the property and overall state of the house.