Does buyer or seller pay for home inspection?
Typically, the buyer is responsible for bearing the cost of a home inspection, unless other arrangements are made with the seller.
You can expect to pay anywhere from $300 to $500 for a home inspection, depending on the size, location and age of the home.
How many days after home inspection does the buyer have?
If no repairs are asked for within the 10-day period, you will be agreeing to buy the home as-is. Once you submit your request, you will wait for the Seller’s Response. The seller has five days to submit a response.
Who pays for home inspection if deal falls through?
A: An appraisal is not part of the closing cost. It has nothing to do with the seller, it is ordered by your Lender and payment is due regardless of the outcome. It is typically paid by the buyer unless specifically negotiated ahead of time to be paid by the seller.
What should buyer do during home inspection?
Here are five reasons why buyers should be present during their home inspections.
- They can ensure they’re getting their money’s worth.
- Inspectors can explain issues in-person.
- Buyers can ask questions.
- Buyers learn their way around the property.
- Buyers can bring concerns to the inspector’s attention.