Team Mortgage Mikes

Michael Bock and Theresa NeSmith

  • Home
  • About
    • About Us
    • Privacy Policy
  • Blog
  • Resources
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Closing Costs
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
  • Reviews
    • Read Reviews
    • Leave a Review
  • Apply
  • Contact

Home Inspection

When should I have a professional home inspection done?

An independent professional home inspection, done at the right time, could save you thousands of dollars. The results may influence your purchase price, the terms of or contingencies to the purchase agreement and the type of insurance coverage you decide is needed. Knowing the condition of the house before the settlement date may save you costly repairs later on. A formal offer should include an inspection contingency. Hire your own inspector to ensure that your interests are being protected. Home Inspection

When you find the home you want to purchase, a home inspection will provide you with critical information about the condition of the house. Negotiating needed improvements can only happen if the buyer is aware of them. While an appraisal may set the value of the home, the inspection verifies the specific details of the condition of the house such as:

• the cleaning or repairs needed
• the structural aspects of the house (such as the foundation, framing, roof)
• the internal systems (such as plumbing and electrical)
• other representations made by the seller

Knowing the actuality of the condition of the house will allow you to include contingencies that the seller must meet before you become liable. A professional home inspector will know what to look for – what kinds of factors are important to evaluate before entering into a final purchase commitment.

Prior to the loan closing , a final inspection should be done to ascertain that the conditions of the agreement have been met. Once you have signed, your options will be limited.

Looking for something?

Mortgage Mikes Team

Contact Us


Michael Bock
Mortgage Loan Originator

CALL 727-457-6498

Michael NMLS #1749855 • Theresa NMLS #1996065

APPLY NOW  
GET A RATE QUOTE

Receive My Blog Articles to Your Inbox!

Connect with Us!

How can we help?

  • This field is for validation purposes and should be left unchanged.

Recent Articles

  • ITIN Loans: Are These Loans Right For You?
  • Why Your Kitchen Features Matter
  • What’s Ahead For Mortgage Rates This Week – February 6, 2023
  • 3 Tips To Consider When Buying A Home With An FHA Mortgage
Equal Housing Opp

Previous Posts

Categories


1000 N Ashley Dr, Suite 1020
Tampa, FL 33602

Copyright © 2023 Team Mortgage Mikes  ·  All rights reserved   ·   Log In