Holliday Logo
"puts YOU first!"

648 Hillcrest Dr. Westfield, IN. 46074
Office:(317) 867 - 4467

E-mail:    
      From our Indiana Real Estate site you can find information  for the buyer and seller. Also information about schools,  mortgages, environment, titles, plus property searches for  central Indiana.
      Search for Real Estate in Hamilton County Cities and  Towns of Atlanta, Arcadia, Carmel, Cicero, Fishers,  Noblesville, Sheridan, and Westfield. You can check for Real  Estate in the Counties of Brown, Hancock, Hendricks,  Johnson, Madison, Marion, Montgomery, Morgan, Putnam,  and Shelby. Some property in Tipton and Clinton Counties.
Agent Information
Buyer Information
Buyer Special Offer
Calculators
Community Links
Environment Issues
 Favorite Links
FSBO Listings
Home Search Central Indiana
Holliday Real Estate
Mortgage Information
Newsletter
 Realtor Search, Out of Area
Schools in the Area
Seller Information
Service Plans for Seller
Site Map
Title Information
Property Inspections
July 1, 05: Inspectors must now have a state license for all
residential inspections done for compensation in Indiana.
Click here to check for Indiana License
DON'T skip the home inspection. It may be vital to your personal health and to your finances. A buyer should know what they are getting. Don't take for granted what you see and are told. The potential problems are numerous, and the cost could be very high.

Any home is bound to have defects. Maybe the furnace has a crack in the heat exchanger. Is there evidence that termites or powerpost beetles have been working on the wood?

A professional inspection is something you, MUST do, whether it's a new or an existing home. An inspection is an opportunity to have an expert look closely at the property you are considering purchasing and getting both verbal and written opinion as to its condition.

A home inspection is meant to find problems and help you reduce the risk. A professional inspector has specific technical skills, but they will not take anything apart. An inspection can provide grounds for an Independent Inspection Response to your sales contract and/or help you plan for future repairs. With an inspection clause in your sales contract and the inspection reveals that the home needs something major, you can: ask the seller to fix the problem before you close on the home, ask the seller to compensate you for the problem, or void the contract. The inspection may determine that there is something that doesn't need to be fixed now, but you know that you need to budget for it in a few years.

Get a state licensed inspector they will examine:
Effective July 1, 2005 in Indiana
  • Furnaces and air conditioners (within limits)
  • Main water shutoff controls
  • Floors and Foundations
  • Walls and partitions
  • The roof and siding
  • Windows and doors
  • Plumbing and electrical system

    • Additional services
  • Water quality of wells and septic systems
  • The presence of mold, radon, and termites


    • Make certain that the inspector is licensed and a member of a professional organization such as the American Society of Home Inspectors (ASHI).

    If possible, you should arrange for the inspection at a time when you can be there and ask questions.

    Ask the Inspector questions about the property. In addition, the verbal comments they make are usually more revealing and detailed than what you will find on the written report. Once the inspection is complete, the inspector will generate a report that can be used to write an Independent Inspection Response, review the report carefully.

    You have to demand an inspection when you present your offer. It must be written in the purchase agreement; if you do not approve the inspection report, then you don't buy. The Indiana Association of Realtors forms has provided an inspection contingency.

    A day or two before closing you may want the inspector to do a walk through with you. The inspector can verify that the repairs are completed and that the home is in the same condition as when you made the offer. The day of the closing, the home's buyer will do a "walk through" of the property to make sure all agreed repairs are completed and that the home is in the same condition as when the buyer made their offer. If problems are not repaired or new problems have developed, the closing can still take place with funds held in escrow to remedy the problem.
    Top of Page
    Policy Stuff
    Information Deemed Reliable But Not Guaranteed. © Holliday Real Estate
    Home Page
    minilogo
    Back to Buyer Index