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During
the contingency period, we will order physical inspections as
specified in your Purchase Agreement. Legislation mandates, under
Civil Code 1102, that the seller has the responsibility to reveal
the true condition of the property on a Disclosure Statement.
This may help you determine what kind of property inspections
you feel are desired or necessary. I will help you arrange for
these.
Who
Pays?
Your Purchase
Agreement will specify who is responsible for the costs of inspections
and for making any needed corrections or repairs. It is negotiable
between the parties and should be considered carefully. I will
advise you what is customary and prudent.
Structural
Pest Control Inspection
A license
inspector will examine the property for any active infestation
by wood destroying organisms. Most termite reports classify conditions
as Section I or Section II. The inspection and the ensuing Section
I repair work is usually paid for by the seller. Section II preventative
measures are generally negotiated, and not necessarily completed.
Section
I Conditions
Section
I conditions are those currently causing damage to the property.
These conditions generally need to be corrected before a lender
will make a loan on a home.
Section
II Conditions
Section
II conditions are those not currently causing damage but which
are likely to, if left unattended.
Home
Inspection
This inspection
encompasses roof, plumbing, electrical, heating, appliances, water
heater, furnace, exterior siding, and other visible features of
the property. A detailed report will be written with recommendations,
often times the recommendation is to consult a specialist (such
as a structural engineer). The inspection fee is usually paid
by the buyer.
Geological
Inspection
A soils
engineer will perform an inspection of the soil conditions and
the stability of the ground beneath the structure, as well as
research past geological activity in the area. Typically, the
buyer pays for this inspection. You may also elect to go to the
city and research the property and it's proximity to the known
fault lines.
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