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Home Inspection and Appraisal
What you need to know
A home inspection is designed to give a buyer a better understanding of the systems and overall condition of the home they are purchasing. There may be items that the buyer will ask to have repaired. These can all be negotiated, and we will help you with perspective in this area.
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Whole House Home Inspection
A home inspection covers the major systems of the property:
Exterior, porch, and deck Foundations and walls Chimneys and roof Windows, doors, and attics Electrical components and plumbing Central heating and air conditioning Basement/crawlspace and garage
Radon
Radon is a naturally occurring gas found in many areas of the Portland Metro area. If levels are over a certain amount, mitigation is advised.
Sewer Scope
A sewer scope inspection checks the sewer lines to make sure there are no problems with tree roots, pooling, cracks, holes, or pipe separation.
Additional inspections
Depending on the property, the buyer may decide additional inspections are warranted. These can include roof, mold, oil tank location, well tests, foundation, and others. Buyer inspections should not be invasive, and should not damage the house.
Appraisal
Once the negotiations for the inspection are complete and agreed upon, the buyer’s lender will order an appraisal. The property must appraise for the purchase price for the lender to approve the loan.
If the house doesn’t appraise for the purchase price, buyer and seller can renegotiate the price, split the difference, or the buyer can bring in an additional amount of money to cover the shortfall.
“We are very grateful for Terri’s help in the sale and purchase of our homes a few years ago. She helped us sell our Tigard home in record time, and she was very patient with us as we searched in a tiny, defined area until we found just the right home in Tualatin. We leaned on Terri’s expertise and negotiating skills throughout the process, and we appreciated her relentless drive, professional demeanor, and excellent client service.”
