Quote:
Originally Posted by dewilson58
Aren't home inspections OPTIONAL and up to the buyer to do at the buyer's cost??
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The above is true. Many times a purchase offer will state that the "deal" is contingent on a home inspection and financing, if needed.
Costs are many times determined by the type of home, square footage, and the type of inspection being done. Sometimes additional inspections are requested, like a termite inspection, (technically a WDO inspection), a wind mitigation inspection, a four point inspection for insurance (for older homes usually), tie down inspection for manufactured homes if required by the mortgage company, etc, etc.
Many times the Realtor will suggest a choice of a few Home Inspectors to use. This is fine, but one should know that the buyer has the option to hire any Home Inspector that THEY want.
Here is a short list of typical questions and answers;
FAQs on Inspection | American Society of Home Inspectors, ASHI
Lastly, I just want to note that a "Buyer's" inspection is in many ways different than a "Warranty" inspection.
I know this is more info than what you asked for. I apologize if the post is too long.
Respectfully, Frank