Appraisals you do not want to Miss Out On

Jacksonville Real Estate News


Updated: Tuesday, May 22, 2012

In addition to the appraisal and the termite inspection, you should have a professional go through the house and locate any potential problems. Even though you have inspected the North Florida home yourself, you are not accustomed to looking at some of the things the professional is trained to view. Even if the seller is not expected to repair, at least you have an idea of any potential problems.

 

The seller will want this inspection performed quickly, so you can approve the results and press ahead to the purchase. Once you receive the inspection, you need to allow plenty of time to review and approve the report. You may even deem it necessary to negotiate with the seller on which repairs to perform and who should pay for those repairs. Otherwise, you will be free to cancel the purchase without penalty, provided that you have included timetables in your offer. Ten to fifteen days should be the maximum number of days to receive the report and five days to review it.

 

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