A home inspection is an independent, non-invasive inspection of the current state of a property, most often about the potential sale of the property. Home inspections are typically performed by a qualified home inspector who has the proper training and certifications to carry out such inspections regularly. Home inspectors should also know relevant codes and building restrictions. In many instances, a buyer will perform some or all of the inspections and provide feedback on their own.
It is not uncommon for a potential buyer to hire a home inspection service. Such companies can provide detailed reports on the property’s condition, which can greatly improve the chances of purchasing a home. Such services may not include repairs. However, it is widespread for service to include routine maintenance inspections, which allow a home inspection to catch problems before they become major issues. The services typically include one or two inspections each year.
Most buyers are aware that in addition to looking for issues concerning the potential house, they should also look for things that may be of concern or cause future concerns. For example, many older homes have outdated heating systems. This makes them more expensive to heat and cool. A home inspection will provide buyers with information regarding potential faulty systems. In some cases, a buyer may discover that costly repairs are needed to fix problematic systems. Such inspections can save the buyer money in the long run.
When purchasing real estate, buyers should have a real estate agent during the home inspection process. By utilizing the services of a real estate agent during the home inspection, the buyer can get assistance from someone knowledgeable about what should be checked. As the real estate agent works with the inspector on the inspection, the buyer can get periodic updates about what is being found.
Buyers should work with their real estate agents during both the pre-listing inspection and the post-listing inspection. It is possible that a buyer can save money by requesting both inspections. A pre-listing inspection will determine the overall condition of the home and the structural integrity. It will identify any problems requiring repairs and suggest ways to correct such problems before they become significant problems. The pre-listing inspection can be done before the close of escrow.
A home inspection will reveal any cracks, missing floorboards, worn floorboards, structure deficiencies, and other defects that affect the property’s livability. It will reveal if the foundation has been built properly and if it needs to be repaired. It will reveal if the roof has been installed properly and if it needs to be maintained. A thorough home inspection will identify any conditions that require immediate repairs, such as excessive humidity, improper waterproofing, poor foundation footings, exposed piping, and plumbing or electrical problems.
Buyers should make sure to be present for both the pre-listing and the post-listing inspections. A buyer who isn’t present or can’t inspect properly won’t know whether the issues he’s considering purchasing are serious or not. Buyers also need to understand how inspectors use their equipment and how they find problems. They also need to know how inspectors reach the problem areas and if they are cost-effective. Buyers should look for an inspector experienced in completing multiple projects and one who offers good customer service.
Some states require sellers to have their homes inspected within three days of closing. Buyers should thoroughly research local home inspections in their area and ask the seller about their participation in a home inspection program. If he isn’t a member, he should strongly consider joining or providing the seller with a copy of this program. If he is a member, he should take some time to learn the various types of inspections and how each differs from the others. There is no shortage of information on property inspections, so don’t feel like you need to do a lot of research. Taking the time to learn what is required and what home inspectors look for will put you ahead of your competitors and give you peace of mind.