Who should pay for the home inspection?
Tuesday, July 10, 2018
According to Florida’s standard FARBAR real estate sales contract, the buyer is responsible to pay for any inspections deemed necessary. This would include a general home inspection and any of the numerous specialty inspections, such as WDO (termite), mold, lead paint, and any insurance inspections, to name a few.
There are a just a couple of exceptions:
- WDO inspections are required to be paid by the seller when the buyer is financing with a VA (Veterans Administration) guaranteed loan.
- Sometimes, but rarely, the cost of a home inspection is negotiated to be paid by the seller in the terms of the sales contract.
Also, we always recommend that you only do the general home inspection and WDO first, and review the inspector’s findings before ordering any additional inspections.
If something comes up on the basic inspections that cannot be resolved with the seller to your satisfaction, then you will have wasted your money on a radon, pool, or septic system inspection, for example, when you don’t wait. It is usually better to do them next, if you have enough time in your contractual inspection period.
Also, see our blog post What makes a house fail the home inspection?
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To learn more strategies for getting the best possible home inspection, here’s a few of our other blog posts:
To read about issues related to homes of particular type or one built in a specific decade, visit one of these blog posts:
How To Look At A House
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