Buyer's Blog Update 5/3/2021
The inspector provides the buyer a report that details the areas inspected and the areas that could not be inspected due to a lack of access. At first glance, the report can look daunting to a first-time home buyer and it is important that the issues identified have context. Some deficiencies may jeopardize the inhabitants’ safety if not addressed while other deficiencies will not have immediate consequences but should be repaired in the future. Some repairs are easy and inexpensive while others are difficult to repair and very expensive. An experienced inspector and an experienced buyer’s agent can provide the buyer the necessary context and to help determine if moving forward with the home purchase is the best decision and what repairs should be requested and negotiated.
Purchase contracts in Hawaii specify a time that the buyer must complete the inspection and request any seller paid repairs of deficiencies found during the inspection. The buyer may back out of the sale for any reason during the inspection period and receive back the earnest money deposited with the escrow company. Completing and accepting the inspection is one of the major hurdles in buying a home. Please call or email if you would like us to help you successfully complete a home purchase.