A home inspection is a necessary step in purchasing a new home during a real estate transaction. Most buyers don’t know what to expect from a home inspection report or what’s included in a typical home inspection.
We’ll define a few basics and show you what a modern home inspection report looks like.
What is a home inspection?
A home inspection is a limited non-invasive examination of the homes major structure, systems and components that are visible and safely accessible to the Home Inspector. The inspector prepares and delivers to the client a written report of the findings.
Why Should I hire a home inspection?
Home inspectors are highly trained professionals and go through various training courses and certifications before obtaining a home inspection certification. This means that although some buyers may be handy and knowledgeable about home systems, hiring a professional home inspector is always a better option.
Can I do a home inspection myself?
Doing your own home inspection on a home that you are interested in purchasing might save you money initially. However, in the long run you will likely end up spending more.
How long does a Home Inspection take?
Depending on the home's age, size, and location, as well as the home inspector's own work protocols and ethic, your home inspection may take up to three hours. Adding square footage, outbuildings, and/or ancillary services (such as mold or radon testing) will increase that time.
How much does a Home Inspection cost?
Home inspection prices are determined by a few variables: the size of the home, age and sometimes it is determined by the location.
Should I be present for the inspection?
You should attend the set time of the inspection for a walk through with your Inspector, you should also reconsider hiring any inspector who does not allow this. Additionally, you will learn information about the home's maintenance, systems and components that may provide useful for the transaction.
How can I be sure that a home inspector is qualified?
Making sure your home Inspector is not only qualified but has both experience and education will give you a peace of mind. A home inspector should follow a standard of professional practice from a reputable home inspection association such as InterNACHI or ASHI. Your home inspector should also be certified and have a background check done. You can look for home inspectors in your area by going to www.nachi.org or www.homeinspector.org
What happens if the inspection reveals problems?
If your home inspection reveals any problems, it is important to understand the severity of the defect. For example, a missing shingle or dirty air filter can be easily fixed at a low cost. However, if the defect is more extreme, such as a major foundation crack, or evidence of mold, you should find out how these problems can be addressed, and whether you can negotiate their cost with the seller.
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