What is a Home Inspection & Why do WE Need One?
Q: What is a home inspection and why do we need one?
A: Almost every potential Buyer will hire a Home/Property Inspector to go over every aspect of your home before they will commit to buying it.
A home inspection is like putting your home through a physical exam by an objective professional. All the major systems and components of the house are checked top to bottom. This includes the plumbing, electrical and heating systems, as well as the structural components, such as the roof and crawl space.
It is used to identify potentially serious situations that could be expensive to repair. If a problem is found, a buyer can decide whether to negotiate further with the sellers concerning the handling of these expenses or withdraw their offer and look elsewhere.
A home inspector will look for safety and minor repairs, and also advise a Buyer with information on maintaining their new house. Having your own Home Inspector come through your home will allow you to repair Potential Problems BEFORE they scare away a potential Buyer. A pre-sale inspection will also help you to maintain your home in the best physical condition and avoid surprises and re-negotiations at subject removal time.
Q: How much does an inspection cost and what is included?
A: The fee is dependent on the size of the home and the qualifications of the professional that you choose to perform it. Every inspection should include the following:
During the on-site inspection your inspector will explain deficencies found and answer any questions you have while going through the home. At the end of the inspection, a "wrap up" discussion with you of the problems that were found and explanation of the items that will appear in the written report.
Q: Some inspectors charge less than others. What's the difference?
A: Quality and Qualifications: A certified engineer will cost more than a qualified tradesman. Home Inspection Reports should be quite specific. For example, instead of just listing "plumbing leaks - yes" or "there is a leak in the sink", the report should state: "there is a leak in the trap in the right hand sink in the master bathroom".
Some people use the report as a reference document as they work through the repairs and improvements in their home. Additionally, your real estate agent will be in a stronger negotiating position for you if they have to fend off re-negotiations from the Buyers before subject removal.
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