Who typically orders and pays for the home inspection?

Prepare for the Freddie Mac CreditSmart Homebuyer U Test. Explore Key concepts with flashcards and multiple choice questions. Each question is designed to guide and prepare you for the test effectively. Get ready for your homebuying journey!

Multiple Choice

Who typically orders and pays for the home inspection?

Explanation:
The buyer typically orders and pays for the home inspection because they have a vested interest in understanding the condition of the property they are purchasing. A home inspection is an essential step in the home buying process as it provides a thorough assessment of the property's structural and mechanical systems. This allows the buyer to identify any potential issues or necessary repairs before finalizing the purchase, which can ultimately influence their decision to proceed with the transaction or negotiate repairs or a lower price. The buyer's responsibility ensures they are informed and protected from unexpected expenses after closing.

The buyer typically orders and pays for the home inspection because they have a vested interest in understanding the condition of the property they are purchasing. A home inspection is an essential step in the home buying process as it provides a thorough assessment of the property's structural and mechanical systems. This allows the buyer to identify any potential issues or necessary repairs before finalizing the purchase, which can ultimately influence their decision to proceed with the transaction or negotiate repairs or a lower price. The buyer's responsibility ensures they are informed and protected from unexpected expenses after closing.

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