Point of Sale Inspection When Selling Your Northeast Ohio House

A Point of Sale Inspection is different than a General Home Inspection, and you'll see this language or something similar in a purchase agreement...

INSPECTIONS REQUIRED BY ANY STATE, COUNTY, LOCAL GOVERNMENT OR FHA/VA DO NOT REPLACE THE NEED FOR BUYER INSPECTIONS

Below you'll find a Point of Sale list by city, but we highly recommend you call your city to learn more about selling requirements, as ordinances may change, as well as to prepare for any additional costs for violation repairs - these repairs can be quite costly.

Noteworthy Items:

• Violation corrections can be very costly, and have been prohibitave in the sale of a home, we highly recommend you call your city as part of the first steps of selling your home.
• If violations have been found, they will need to be corrected prior to transfer of the home, the city will need to re-inspect after violations have been corrected. If repairs are satisfactory, the city will issue a compliance certificate, allowing for an occupancy permit.
• For violation repairs, check with your city for a list of approved contractors.
• Even if a buyer is willing to assume the city violations, 1.) assumption must be allowed by the city, 2.) assumption must be approved by the buyer's lender, if they are taking a mortgage, 3.) the amount to be deposited in escrow to cover the costs of repairs range from 1.5 - 3 times the amount of the repairs (could be more), depending on city and lender requirements, 4.) the city will specify an allowable time to correct violations.
• Septic systems will fall under state, county, and city requirements, so if you have a septic system, call either your city or county to inquire about inspections.
• The title company working on the sale and transfer of your home will run a search with the city to check for point of sale requirements. If they find one is needed, they will request the certificate of compliance. A certificate of compliance is needed to complete the transfer of your home.

Point of Sale Inspections for Cleveland and Akron Area Listed by City

Provided by Ohio Real Title 

To learn more about the Cleveland real estate market, point of sale inspection Cleveland Ohio and cheap houses for sale in Cleveland Ohio and other Ohio cities, call Christine Pappas of eXp Realty at (216) 956.7635 or email her at Christine@loveyourhome.house  With close to twenty years of experience, you can count on her knowledge and expertise.