The Inspection Process
When an offer has been accepted, your real estate agent 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. Your Troop Realtor will help you arrange for these.
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. Your Troop Realtor will advise you on what is customary and prudent.
Structural Pest Control Inspection
A licensed 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.Section I Conditions:
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:Those not currently causing damage but which are likely to, if left unattended.
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 to consult a specialist (such as a structural engineer). The inspection fee is usually paid by the buyer.
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 its proximity to the known fault lines.