If there’s one aspect of buying Miami Beach real estate that everyone is very well aware of, it’s the fact that it’s a highly involved and oftentimes laborious process. Besides consulting with your realtor to go over the financing options, the closing costs and paperwork, it’s important to know exactly what you’re getting yourself into before completing that piece of paper that transfers ownership of the Ten Museum Park condo home over to you. In most cases this would involve obtaining a home inspection report beforehand which makes complete sense as long as you’re aware that some commonly held beliefs are in fact not completely true, such as the following.
Any repairs listed on a home inspection report become the seller’s responsibility.
This only becomes true if the homeowner has signed a contract detailing such a stipulation. If there are indeed repairs that must be taken care of, it’s largely the buyer’s job to take those items into account and either subtract them from the price that’s ultimately paid for the home or work out an arrangement of some kind with the seller in writing.
Buyers don’t need to attend the actual home inspection.
While there is no requirement suggesting buyers must be present, it only works in their favor if they choose to do so since you’ll be able to ask both the inspector and the seller any questions or address concerns. Plus you’ll get a better understanding of how all the systems within the home function such as the wiring and air conditioning system.
Inspections are only meant for older homes.
Builders erect homes at a rapid pace and it’s easy to make small or even glaring errors during this process so the general rule here is that even if you’re buying a new home, you’ll still want to get it inspected by a professional.
