Home Buying in Norristown>Question Details

Sl, Home Buyer in Norristown, PA

buyer is responsible for u & o and purchases home as is, now does that mean that I should get the u & o & home inspection done before

Asked by Sl, Norristown, PA Tue Jun 19, 2012

making an offer? 95 North Montgomery Avenue

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No. The home inspection should be done after the offer is accepted. If the home inspection doesn't come out to your expectations you can get your deposit back. The U & O should be done before settlement. If repairs are needed, you can, in most townships, get a provisional U & O and do the repairs after settlement. Once the repairs are made, the property will be reinspected and the U&O permit will be issued.
0 votes Thank Flag Link Tue Jun 19, 2012
Hello, SI,

No, you don't have to do those things first AND you SHOULD NOT. Your offer will be contingent upon those things. If this is a short sale, your real estate professional should know how to modify the agreement of sale to protect your interests in case there are extreme costs with the U&O that you don't want to accept,. Further, if you do it BEFORE getting an acceptance from the lender, you will spend money before you even know if you have a deal.

In the case of the U&O, most townships and boroughs have a list. I will tell you that the West Norriton inspectiion is quite thorough. If you can get the Township/Borough inspector to come out for $75-100 to let you know what will be needed, that would be a good plan. However, I like to write the agreement with certain contingencies and protections to the buyer and then do everything when the lender has accepted the offer.

Good luck and let me know if you need any other help.

Carol Cei, Realtor, ePRO
ReMax Platinum Club
Five Star Professional
ReMax Action Realty
215.643.9661
Carolcei@remax.net
0 votes Thank Flag Link Tue Jun 19, 2012
No, the usual peocedure is that the buyer and seller agree to all terms including price and settlement. The buyer proceeds to the next level by doing their inspections. The home inspections in this case will determine is in a condition that is acceptable to you to move forward. After home inpection U and O can be ordered. Ellen Giammarco, Century 21 Alliance - Audubon
0 votes Thank Flag Link Tue Jun 19, 2012
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