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A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections. The inspector prepares and delivers to the client a written report of findings.
The inspector then produces a written report, offering their opinion of the property and noting any damage. A home inspection contingency is often included in the deal’s purchase agreement, ...
Key takeaways. Home inspections provide important insight into a home's condition, including current and potential problems. Inspectors examine a home's main systems (such as HVAC, electrical and ...
Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.
An insurance company will commonly require a home insurance inspection within the first 30-60 days of the policy effective date to ensure the application was completed truthfully and accurately to ...
If a home inspection is performed prior to the appraisal and that report is provided to the appraiser, a more useful appraisal can result. This is because the appraiser, who is not an expert home inspector, will be told if there are substantial construction defects or major repairs required.
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