Before you buy a home, an inspection and the seller's disclosure give you information about condition. They do not guarantee everything is perfect.
The inspection
- A licensed inspector reviews the structure, roof, plumbing, electrical, HVAC and more.
- The report lists defects and recommendations.
- Specialized inspections for pests, radon, sewer lines or mold may be worth considering.
- You can usually attend.
Seller disclosures
Most states require sellers to disclose known material defects, usually on a standard form. Federal law requires lead paint disclosures for older homes. Sellers can generally not hide known problems, even in as-is sales.
"As is" sales
An as-is sale means the seller will not make repairs or give warranties, but it does not allow fraud. Buyers should inspect carefully.
Hidden defects
- Document the problem with photos and expert reports.
- Review the disclosure form and the inspection report.
- Notify the seller in writing.
- Consult a real estate attorney about fraud or misrepresentation claims.
- Check time limits for suing.
Frequently asked questions
Can I skip the inspection?
You can, but it is risky.
Does the seller have to fix everything found?
No, unless the contract requires repairs.