Buying and Selling the Fixer Upper
Have you set your sights on a fixer upper? You may have plans to turn it into your dream home. Or you may plan on renovating it to sell. Either way, buying a home is likely the largest investment you will ever make. You don’t want any surprises – especially when it comes to the home’s electrical systems.
Before you buy, you must know if there are any open electrical notifications on the property. These are outstanding notifications to correct any defects. By law, the buyer assumes responsibility for doing this. Have your lawyer make an Electrical Safety Authority (ESA) Search of Records a part of your purchase agreement. Note there are fees associated with this search.
Original Article Source Credits: Electrical Safety Authority , https://esasafe.com/
Article Written By: NA
Original Article Posted on: NA
Link to Original Article: https://esasafe.com/home-renovation-buying-and-selling/buying-and-selling-the-fixer-upper/