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IV. Negotiating and Closing the Deal > 12. Inspect the Property

Chapter 12. Inspect the Property

Your prospective new home looked great when you toured it with your agent, but you don’t know what problems are hiding, waiting to jump out and yell, “Surprise!” once you move in. According to HouseMaster, a home inspection franchiser, a study of more than 2,000 home inspection reports found that 40 percent of inspected homes had at least one major defect that would cost several hundred to several thousand dollars to repair. Most problems arose in roofs, electrical systems, plumbing systems, central heating and cooling systems, insulation, and the home’s structure. That’s a long list of potential gotchas—and most homebuyers wouldn’t begin to know how to search for them. That’s why, be....


  

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