When you buy a condo for sale in DTLA, you’ll hire a home inspector to check things out before you sign the dotted line.
But what does a home inspector look for?
You might be surprised.
What Does a Home Inspector Look For?
Home inspectors look at about 1,600 items around your future living space. They cover:
- Outdoor space, like patios
- Windows, doors and trim
- Interior rooms
When you’re buying a loft or condo, your home inspection won’t include things like common areas or the exterior – that’s because the building owner is responsible. Your inspection will be confined to the inside of your unit.
What if Something’s Wrong?
If the inspector discovers issues, you can use them to your advantage – or you can walk away from the transaction. If your Realtor(R) has built a home inspection contingency into your real estate contract, you’ll be able to cancel the deal with your earnest money deposit intact.
But you don’t have to walk away.
You can negotiate with the seller by asking him or her to fix the issues and keep the sales price the same, or you can ask the seller to lower the price so you can afford to fix the issues yourself. Either way, you should end up being able to negotiate a better deal.
Are You Buying a Loft or Condo in DTLA?
Call us at 213-254-7626 or get in touch with us online to start exploring your options when you want to buy a loft or condo in downtown Los Angeles.
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