Home Inspection

Home InspectionHome inspections provide a level of objectivity in evaluating a home. It is recommended that any home, even a new home, be inspected. Home inspectors play the role of the objective third party. Typically, home inspectors evaluate a property five to ten days before contract negotiations are complete in order to secure mortgage approval. A typical home inspection will cost about $250 to $550 and take a few hours; prices fluctuate by area. Inspection allows buyers and sellers to resolve problems prior to closing. It is highly recommended that you have a home inspection performed. For a seller, a home inspection as part of pre-listing a home can help sell the home in a timelier manner. For a buyer, it helps cut down the emotional appeal of a property and gives a more objective and realistic evaluation.

 

Important things to remember:

  • Initial inspections only check the condition of the home at the time of inspection and do not guarantee any condition beyond that point.
  • Some special features on a home may not be included in the inspection such as swimming pools, in-ground sprinklers, gazebos, etc.
  • It is important that buyers of a home go on the inspection with the inspector and observe.
  • Inspectors will not necessarily catch every possible problem in a home.
  • Even new homes need to be inspected. All homes are not necessarily up to the standards of the model you tour.
  • Inspectors should not recommend or bid on repair work; this is a conflict of interest.

A good inspector will:

  • Check for radon and other harmful gases.
  • Describe what they are checking.
  • Show you useful information such as where to shut off water or light a furnace.
  • Give you a report in writing.

Home inspection is now a regulated industry, so make sure you hire a licensed inspector.

Questions to ask of an inspection company:

  • How long has the company been performing inspections?
  • Does the company have Error and Omissions insurance?
  • Will the company give a written and signed report?
  • Does the company stand behind its report (give a guarantee)?
  • How many real estate companies does the company service too?

For further information, please contact us.