Home Inspections for Palm Beach County & Boca Raton Buyers!
The Residential Contract for Sale and Purchase in Palm Beach County, Boca Raton, Florida, dictates the buyer and seller’s decision for a home inspection. If the contract agrees to the buyer’s right to a home inspection, then it’s the buyer’s responsibility to choose the party and pay for the home inspection. The contract will also dictate the inspection time period, which is usually within 10 days or less.
When buying a home in Palm Beach County, Boca Raton or anywhere in Florida, there are two aspects of a home inspection to consider: the 4-Point Inspection and the Comprehensive Home Inspection. A buyer’s decision to determine which inspection to do is heavily influenced by the mortgage product and the carrier for homeowners insurance.
The 4-Point Inspection, also called the 4-Point Insurance Inspection, has quickly become a requirement of most insurance companies. This inspection must be performed by a certified, licensed and insured home inspector authorized to sign the 4-Point Inspection Report. The 4-Point Inspection includes a limited scope of evaluation of the Roof, Electric, Plumbing and HVAC.
The Comprehensive Home Inspection is a visual examination of the structure and its components, accompanied by a detailed report and supporting photographs. The inspection should be conducted in accordance with the standards of practice established by the National Association of Certified Home Inspectors or the American Society of Home Inspectors. The Comprehensive Home Inspection will also include an examination by a licensed specialist for environmental wood destroying insects and organisms.
According to industry experts, there are at least 33 physical problems that’ll come under scrutiny during a home inspection. Eleven of these 33 physical problems have been identified as the most common and costly problems for a buyer. A popular report called, 11 Things a Buyer Must Know Before Your Home Inspection will help a buyer know what to look for and how to prevent these problems from growing into an avoidable expense after the purchase. Buyers who are prepared for the home inspection can save thousands of dollars and eliminate unnecessary stress during the home buying process.