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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection.

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How to avoid home closing delays in 2022

Housing Wire

HousingWire recently spoke with Tom Kriby, Vice President of Client Development and Partnerships at Westwood Insurance, about how insurance issues can hold up a home closing and how lenders can integrate insurance into their process to help their homebuyers avoid delays. HW: How can lenders help homebuyers avoid closing delays?

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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer.

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Why a Pest Inspection Before Closing Offers the Peace of Mind Your Buyers Need

HomeLight

That’s why buyers and lenders often request a pest inspection before closing. ” Learn more How does a pest inspection differ from the home inspection? Once your home goes under contract, the offer you signed will be (in all likelihood) contingent on the results of the home inspection.

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Understanding the Essentials of Foundation Inspection

Realty Biz

This is why foundation inspection plays a vital role in preventing property damage on a larger scale. Regular inspection, at least once a year, not only keeps your home in optimal condition but also saves on repair costs. Importance of Foundation Inspection Issues with your foundation are not always visible to the naked eye.

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How Much Does a Mold Inspection Cost, and Do I Need One?

HomeLight

The initial question that then emerges is: How much does a mold inspection cost, and is it necessary? This guide provides expert insights about mold inspections, addressing costs and underlining the importance for current homeowners spotting mold, homebuyers deliberating the expense, and sellers contemplating a pre-listing inspection.