Home inspections are important because it is an all-inclusive and highly comprehensive type of examination of the physical components and structures from the roof all the way to the foundation that outlines the overall structural integrity of a home. By knowing what is occurring within a structure and evaluating the overall integrity of said structure, you have the potential to save yourself a lot of time, prevent experiencing immense complications, and save a tremendous amount of money.
Why is a Home Inspection Performed?
A home inspection is typically performed to avoid the unpleasant surprise of being subjected to major problems. If a structure is being sold, a comprehensive inspection is considered to be an absolute must. This is especially true in terms of purchasing a home that is not occupied by its current owner.
If a home is being foreclosed, buyers do not receive the added benefit of a disclosure on behalf of the seller.
Newly constructed homes should also be inspected in order to uncover any oversights that may have occurred during the building process.
Is a Home Warranty the Same as a Home Inspection?
No, a home warranty is not the same as a home inspection. Additionally, protection plans are not to be considered a viable substitution for a home inspection. If you are attempting to purchase a home and a seller attempts to pass off either of these as a substitute for a home inspection, you should proceed with caution.
Why is a Home Inspection Beneficial to a Potential Buyer?
A home inspection is beneficial to a potential buyer in that the licensed home inspector provides information to that buyer about the general condition of the structure. If defects or issues are discovered, the inspector will expose these so that the potential buyer better understands its general condition and is capable of making a more informed decision about the purchase.
Home inspection provides potential buyers with information about needed repairs and maintenance. Failure to obtain such an inspection may result in higher expenses in the future.
What Does a Home Inspection Include?
A home inspection will evaluate all structural-based components of a home. Examples include the following:
- Heating and Air Systems
What are Contingent Offers?
A contingent offer is one that is based on the actual results associated with a home inspection. This type of offer is highly beneficial in that it may help a potential buyer negotiate the price of a home if defects and/or issues are found within a home.
How Should I Select a Company for a Home Inspection?
When choosing a home inspection company, you should ensure that it is highly knowledgeable about the structures and systems associated with a residence. You should ensure that the individuals conducting the inspection has a general level of knowledge on real estate and a solid reputation.
Whole house inspection experience, wood-destroying insect inspections, well inspections, septic inspections, and lead-based pain inspections are also highly advised. The company should be licensed. They should also be able to conduct radon tests within the structure.
How Much Does an Inspection of the Home Cost?
A home inspection may be as low as $300; however, depending on the services that you request, it may run higher. The overall size of the home, the comprehensiveness of the home inspection, and the level of detail in the final report also has a direct impact on the amount that a home inspection costs.
Do I Have to be Present for a Home Inspection?
Yes, you should make sure that you are present for the home inspection being conducted. This way, the home inspector will be able to provide you with a high level of insight on the general condition of the home that you are interested in purchasing.
You should schedule it for early day so that everything is completely visible during the inspection. You should have your inspector complete both a comprehensive written report and a detailed checklist. You may find that the home inspector outlines the various positive components of the home during the inspection, too.
How Long Will the Home Inspection Take?
A home inspection generally takes anywhere from one to three hours. There are several factors that will determine the length of the inspection. Examples include the overall size of the rooms within the home, the general size of the home, and the number of components that are involved. The average home has 500+ different components and systems that need to be evaluated.
How Fast Should I Schedule the Home Inspection?
You should schedule your home inspection as quickly as possible. Most companies will complete the inspection in anywhere from 2 days to 14 days immediately following the acceptance of the associated contract. It is always best to have the inspection completed sooner, though.
Are There Any Tips about Home Inspections Potential Buyers Should be Aware of?
Yes, consider the following tips:
- Make certain you hire a home inspection company that has a vast amount of inspection experience. Always ensure they are licensed.
- Consider those that are certified in home inspections.
- If your appointment needs to be rescheduled, contact the company at least 24 hours in advance.
- The inspection should be performed with all utilities turned on.
- Make sure that the inspector has access to all areas of the home, including the attic, the closets, the basement, and the garage.
- Request that the owner remove all items that could be blocking access to potential components and systems of the home.
- Make certain that you have the payment available for the home inspection so that it may be provided to the company once the inspection is completed.
We Can Help
If you are in the market for a home inspection, we are certified and licensed. We understand that a home is one of the largest investments you will make in your lifetime. We are standing by to offer you the most comprehensive home inspection possible. This is important in protecting your investment and you. Call us today to learn more: 765-259-0043