The Importance of a Home Inspection
THE IMPORTANCE OF A HOME INSPECTION
So you’ve found a house you love. Awesome backyard, beautiful hardwood, and the kitchen….what a kitchen. But what about the roof? the cladding? the windows? furnace? The wiring? Leaks in the basement? Before you buy, have the home inspected; no matter how experienced you are as a homeowner, it’s the best way to make sure you really know what you’re getting into.
A home inspection will give you the information you need to make an informed decision. The Inspector will determine the condition of the house you’re thinking about buying, and let you know if there are any problems. (And the great thing is, "The Inspector" is being objective, even if you’re not.) If you have to make an offer before having a home inspection, make it conditional on a satisfactory inspection.
If there are any problems, you have three options:
1. Walk away.
2. Use the results to negotiate a better price.
3. Give the seller a chance to fix the problem.
WHAT HAPPENS DURING A HOME INSPECTION?
"The Inspector" meets you at the home you’re thinking of buying, and depending on the size, age and condition of the subject home can be a lengthy process to carefully inspect the entire house for structural, mechanical or other issues. The Inspector examines everything from the roof to the foundation and everything visible in between, including heating / air conditioning, plumbing, electrical, insulation, roof, windows and doors, walls, ceilings, attic and basement. You can accompany "The Inspector" as he goes through the home – it’s a good way to get to know the home quickly, and will give you a head-start in your home care “learning curve.”
"The Inspector" will prepare an inspection report that outlines significant deficiencies. "The Inspector" will, whenever possible highlight good points, and gives you an idea what kind of maintenance you’ll need to do to keep the place in good shape.
HOW MUCH DOES IT COST?
Most inspections cost between $400 and $650. Think of it this way: a few hundred bucks could save you thousands in home repairs. It’s a pretty small price to pay for significant peace of mind.
HOW DO I FIND A GOOD INSPECTOR?
Look for a reputable, qualified Inspector who can provide references from previous customers, and is fully insured. Inspectors should be licensed in building-related fields such as contracting, architecture or structural engineering. Your REALTOR® can recommend a reputable, objective inspector at your request, or you can find one by asking friends or by researching. Keep in mind that a good inspector will have a trades background, especially a hands on building background.
When you’ve fallen in love with a house, it’s hard to see any faults on your own. Make sure the decision is a good one, and get it inspected so you can be sure you stay in love – for years to come.