Thinking about buying that newly built Boston Seaport condo? That’s great, but remember this In Massachusetts, the purchase and sale agreement establishes a specific period for Boston Seaport District condo buyers to complete their due diligence on a property. During this due diligence period, conducting a home inspection is strongly encouraged. The inspection provides invaluable, in-depth information about the condition of the Boston Seaport condo for sale, and highlights potential areas of concern that might need to be addressed before moving forward in the process.
Why do I need an inspection?
Home inspections are an integral part of the Boston condo for sale buying process and can save you time and money in the long run. Whether you’re purchasing a 25-year-old Beacon Hill condo for sale or a Boston Seaport condominium built last year, it’s important to know the home’s true condition before finalizing the sale. The more you know, the fewer surprises you’ll have down the road.
Who schedules the inspection?
The Boston condo buyer usually selects an inspector, schedules and pays for the inspection.
What is included in the inspection?
A typical inspection starts at the roof and ends at the foundation, with stops in between at every major system including plumbing, electrical, heating, etc. Most inspectors are generalists, so for an inspection of anything beyond the basic interior and exterior features of a home, it may be necessary to hire additional inspectors with specific areas of expertise.
Do I need to attend the inspection?
No but you should. A Boston condo for sale home inspection is essentially a fact-finding mission. You and your inspector should be jointly engaged in the discovery process to learn as much about the condition of the home as possible. Being with the inspector to see the condition of the home in person, asking questions and getting advice is time well spent.
What is included in the inspection report?
After the inspection is completed, you will receive a written report with the inspectors’ detailed findings and recommendations. Most inspectors categorize the report to include:
- If a problem is a safety issue, major or minor defect.
- Which items should be replaced, and which should be repaired or serviced.
- Items that are in acceptable condition now, but that should be monitored closely.
What if a home doesn’t pass the inspection?
A home does not pass or fail an inspection. The inspection serves as an informational tool to assist buyers in their evaluation of a property. After you receive and review the inspection report, you have the option to continue with the sale and negotiate repairs with the seller, or terminate the agreement prior to the end of the due diligence period.
Please contact us if you have any additional questions about the home inspection process, we’re here to help.
Boston condos for sale
