{"id":197061,"date":"2024-01-07T18:18:04","date_gmt":"2024-01-07T18:18:04","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/"},"modified":"2024-01-07T18:18:04","modified_gmt":"2024-01-07T18:18:04","slug":"what-inspections-are-required-before-closing-escrow","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/","title":{"rendered":"What inspections are required before closing escrow?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#What_inspections_are_required_before_closing_escrow\" title=\"What inspections are required before closing escrow?\">What inspections are required before closing escrow?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Do_I_have_to_get_all_of_these_inspections_before_closing_escrow\" title=\"Do I have to get all of these inspections before closing escrow?\">Do I have to get all of these inspections before closing escrow?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Who_is_responsible_for_paying_for_these_inspections\" title=\"Who is responsible for paying for these inspections?\">Who is responsible for paying for these inspections?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#How_much_do_these_inspections_typically_cost\" title=\"How much do these inspections typically cost?\">How much do these inspections typically cost?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#What_happens_if_an_inspection_reveals_issues_with_the_property\" title=\"What happens if an inspection reveals issues with the property?\">What happens if an inspection reveals issues with the property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Can_I_waive_inspections_to_speed_up_the_closing_process\" title=\"Can I waive inspections to speed up the closing process?\">Can I waive inspections to speed up the closing process?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#How_long_do_inspections_typically_take\" title=\"How long do inspections typically take?\">How long do inspections typically take?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Do_I_need_to_be_present_for_the_inspections\" title=\"Do I need to be present for the inspections?\">Do I need to be present for the inspections?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Can_I_use_the_inspection_reports_to_negotiate_a_lower_price\" title=\"Can I use the inspection reports to negotiate a lower price?\">Can I use the inspection reports to negotiate a lower price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#What_happens_if_the_seller_refuses_to_address_issues_found_in_inspections\" title=\"What happens if the seller refuses to address issues found in inspections?\">What happens if the seller refuses to address issues found in inspections?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Should_I_get_a_home_warranty_in_addition_to_inspections\" title=\"Should I get a home warranty in addition to inspections?\">Should I get a home warranty in addition to inspections?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#Can_I_have_additional_inspections_done_that_are_not_listed_here\" title=\"Can I have additional inspections done that are not listed here?\">Can I have additional inspections done that are not listed here?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_inspections_are_required_before_closing_escrow\"><\/span>What inspections are required before closing escrow?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Inspections are an essential part of the home buying process before closing escrow. Several inspections are typically required to ensure that the property is in good condition and that there are no hidden issues that could cause problems in the future.<\/p>\n<p>**Here are some common inspections that are required before closing escrow:**<\/p>\n<p>1. **Home Inspection**: A thorough examination of the home&#8217;s condition, including its structure, systems, and components.<\/p>\n<p>2. **Pest Inspection**: A check for any signs of termite infestation or other pest-related issues.<\/p>\n<p>3. **Roof Inspection**: An assessment of the roof&#8217;s condition, looking for any damage or potential leaks.<\/p>\n<p>4. **Foundation Inspection**: A review of the foundation to ensure it is stable and free from any structural issues.<\/p>\n<p>5. **Plumbing Inspection**: An examination of the home&#8217;s plumbing system to check for leaks, clogs, or other issues.<\/p>\n<p>6. **Electrical Inspection**: An assessment of the electrical system to ensure it is up to code and safe.<\/p>\n<p>7. **HVAC Inspection**: An evaluation of the heating, ventilation, and air conditioning system to ensure it is functioning properly.<\/p>\n<p>8. **Mold Inspection**: A check for any signs of mold growth in the home, which can be a health hazard.<\/p>\n<p>9. **Radon Inspection**: A test to determine if there are elevated levels of radon gas in the home, which can be harmful to occupants.<\/p>\n<p>10. **Asbestos Inspection**: An assessment for the presence of asbestos in the home, which can be a hazard if disturbed.<\/p>\n<p>11. **Lead Paint Inspection**: A check for lead-based paint in homes built before 1978, as it can be toxic if ingested or inhaled.<\/p>\n<p>12. **Septic System Inspection**: A review of the septic system to ensure it is functioning properly and not in need of repairs or replacement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_have_to_get_all_of_these_inspections_before_closing_escrow\"><\/span>Do I have to get all of these inspections before closing escrow?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is not mandatory to get all of these inspections before closing escrow, but it is highly recommended to ensure that you are fully aware of the property&#8217;s condition.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_is_responsible_for_paying_for_these_inspections\"><\/span>Who is responsible for paying for these inspections?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTypically, the buyer is responsible for paying for the inspections, although in some cases, the seller may agree to cover the cost.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_these_inspections_typically_cost\"><\/span>How much do these inspections typically cost?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe cost of inspections can vary depending on the size of the home, location, and the specific inspections needed. However, they can range from a few hundred to a few thousand dollars.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_if_an_inspection_reveals_issues_with_the_property\"><\/span>What happens if an inspection reveals issues with the property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf an inspection reveals issues with the property, the buyer can negotiate with the seller to have the issues resolved before closing escrow or ask for a credit or price reduction to cover the cost of repairs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_waive_inspections_to_speed_up_the_closing_process\"><\/span>Can I waive inspections to speed up the closing process?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile it is possible to waive inspections, it is not recommended as it could lead to costly surprises down the road. It is better to know the condition of the property before closing escrow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_long_do_inspections_typically_take\"><\/span>How long do inspections typically take?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe duration of inspections can vary depending on the type and scope of the inspection. However, most inspections can be completed within a few hours to a day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_need_to_be_present_for_the_inspections\"><\/span>Do I need to be present for the inspections?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is not required for buyers to be present during inspections, but it is recommended as it allows buyers to ask questions and better understand any issues that may be found.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_use_the_inspection_reports_to_negotiate_a_lower_price\"><\/span>Can I use the inspection reports to negotiate a lower price?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, if the inspection reveals significant issues with the property, buyers can use the reports to negotiate a lower price with the seller to account for the cost of repairs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_if_the_seller_refuses_to_address_issues_found_in_inspections\"><\/span>What happens if the seller refuses to address issues found in inspections?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the seller refuses to address issues found in inspections, buyers can walk away from the deal without penalty, as long as the purchase contract includes a contingency based on the inspections.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_get_a_home_warranty_in_addition_to_inspections\"><\/span>Should I get a home warranty in addition to inspections?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile inspections give you a good idea of the property&#8217;s condition, a home warranty can provide added protection against unexpected repairs after closing escrow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_have_additional_inspections_done_that_are_not_listed_here\"><\/span>Can I have additional inspections done that are not listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, buyers can request additional inspections, such as pool inspections, environmental assessments, or structural engineering inspections, depending on their specific concerns about the property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What inspections are required before closing escrow? Inspections are an essential part of the home buying process before closing escrow. Several inspections are typically required to ensure that the property is in good condition and that there are no hidden issues that could cause problems in the future. **Here are some common inspections that are &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"What inspections are required before closing escrow?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/what-inspections-are-required-before-closing-escrow\/#more-197061\">Read more<span class=\"screen-reader-text\">What inspections are required before closing escrow?<\/span><\/a><\/p>\n","protected":false},"author":50,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-197061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What inspections are required before closing escrow?<\/title>\n<meta name=\"description\" content=\"What inspections are required before closing escrow? 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