Blankets of Snow and Bluebird Ski Days

Q. What is the purpose of a home inspection?

A. A home inspection is performed after the buyer and seller have entered into a written contract. It’s a review of the home’s condition, including the heating system, attic, foundation, and a mold review. The point is to identify any area of the home that needs replacement or repair. You’ll use the report to set the final price of your purchase.

You may choose to buy the house and make the repairs, or you may walk away from the property if the costs would be too high for your budget and the sellers refuse to lower the price or make the repairs. You can get your earnest money back provided your contract has a “sale contingent on inspection” clause.

You’ll also need to get an appraisal, which serves to assess a value to the property. You need to know that the property you’ve selected will appraise at or above the amount you’ve contracted to pay for it.

Want to learn more? Ask for my Free Consumer Report called “Top 10 First-Time Homebuyer Mistakes to Avoid.” I’ll send a copy right over to you.

Have a real estate question you want answered? Feel free to call us at 775-742-2591. We may feature it in our next issue!

The Lakeview Express chairlift and trail at Mt. Rose Ski Tahoe is officially open! The Lakeview Express will change the way skiers and riders experience the mountain and was the largest capital improvement project in the history of the resort. 

Skiers and riders can expect a 4 minute ride time with expansive views of Lake Tahoe. It is able to move 2,400 people per hour and allows for a better flow across the mountain.

For more information, click here.