HOME AND TERMITE INSPECTIONS
Your purchase contract may contain a number of inspections as a condition of your sale. Whether or not you include inspections in your offer will depend on market conditions, the property, and your comfort level. The most common inspections are a general home inspection and a termite inspection.
- Consider scheduling your inspection at the time your prepare your offer to purchase. Most inspectors will take a tentative appointment if it will be confirmed in 24 hours.
- You are responsible for the cost of the home inspection. Although it is optional, it is highly recommended unless you have thorough construction knowledge.
- Be present for the entire inspection if possible, but at the minimum during the summary. Most will take two to three hours and are as much about education as discovery.
- The purpose for an inspection is to uncover any significant situations that might cause you to renegotiate your agreement or, in extreme cases, even void it.
- If you ask the Seller to fix certain items, you are in effect saying that you will only purchase the property if the Seller agrees to the repairs. Be sure that your response to the inspection accurately and clearly reflects your objectives.
- The dates referred to in the home inspection paragraph are ‘hard dates’ and must be met in order to maintain the validity of this agreement. Please consult with me carefully at every step of this process to stay on top of our deadlines.
- You are responsible for selecting the termite inspector, but the listing agent will schedule the inspection. The seller is responsible for the cost of this.
- Termites are a common issue in Hawaii, due to the climate.
- A Termite Inspection is typically required by the lender.
- If the Termite Inspection comes back clean, we are good to go!
- If there is evidence of an infestation, the seller would be responsible for remediation via spot treatment or fumigation. These treatments usually includes a warranty for a fixed period of time after treatment.
I am able to schedule both of these inspections for you. If you know of a qualified home inspector or a certified termite inspector you wish to use, please let me know as early as possible, otherwise I can recommend some to you.
HOME OWNERS ASSOCIATION DOCUMENTS
If you have purchased a condominium or a home with a Homeowners Association, you have the right to review the legal and financial documents connected with the community. Your review might include, but not be limited to the following:
- Fees, what they include and any plans for increasing them.
- Rules and regulations, in particular those dealing with parking, trash removal, and what you are allowed to do with your property’s appearance.
- Pending litigation.
- Anticipated major renovations.
You also have a right to cancel your contract, upon receipt of these documents. As with the inspection deadlines, the deadlines for reviewing these documents are “hard dates” and must be taken seriously.