What is an inspection?
It is an assessment, primarily eye, performed by a professional about the physical condition of the property.
The inspector aims to identify gaps in systems, potential dangers and useful life of the components of a property.
The result of the inspection shall be issued in a report supported with photos and estimate of repairs and/or replacements.
When is it done?
In South Florida, settles one clause in the contract with the period in which the buyer has the right to perform this inspection and make decision. This period is usually between 5 and 15 days.
Why does the inspection?
As seller must take into account the importance of inspections of the real estate transaction will be subject to the outcome of this inspection.
Upon receipt of the report of the inspection the buyer decide, during the period established in the contract, if you wish to continue, cancel, or negotiate the transaction.
So it is of utmost importance the seller to prepare your property to generate a positive result since a certified inspector will assess, among others, the following aspects:
It is recommended to carry out minor repairs and improvements that are at its disposal to avoid a cancellation of contract.