A Home Inspection is a visual examination of the physical structure, major mechanical systems, and the appliances of a property. This helps you gain a better understanding of the condition of the homes' mechanical systems and appliances from an objective point of view.
Most of us know nothing about plumbing, electricity, heating, insulation, roofing, or the structural condition of a home. Having a Professional Home Inspection done is one of the best ways to protect you against Selling, Buying, and/or Investing in a home or property with defects, maintenance problems, and/or structural problems.
If you are already a homeowner, a home inspection can identify problems in the making and suggest preventative measures that might help you avoid costly future repairs.
Home Buyers, Investors, Realtors and Real Estate Agents or Brokers - You, as the Buyer, at your expense, have a right to have an inspection done on the physical condition of the property and its inclusions. You have a right to negotiate with the Seller to repair/replace any defective items.
The inspection notice of the unsatisfactory conditions should not be a list of every little thing that's wrong with the home. It should address items that are of major concern or safety, the home's vital mechanical systems and all appliances, etc., that are in need of repairing or need to be replaced, and know that the property has been accurately priced. Most importantly, it helps buyers and/or investors protect their pocketbook. This gives you tremendous peace of mind before you make one of the largest purchases of your life.
The average inspection takes 2-3 hours or more, depending on the size, age, and condition of the home. It is very important that the Buyers be present for the inspection because not only provides insights to repairs needed, but it also gives the Buyers a basic understanding of all the systems in the home and how they operate.
The cost of a home inspection can range anywhere between $150 to $300 or more, depending on whether it's a house, town house, or condo and the square footage of the home.
Do not let cost be a factor in deciding whether or not to have a home inspected or in the selection of your inspector. The lowest price is not a bargain if it costs you down the road.
The cost of the inspection is comparatively low compared to the amount that it can save you in negotiating a lower purchase price or avoiding major repairs after purchase. Even if the inspection finds no need for repairs, the peace of mind is priceless. A home inspection is usually money very well spent.
No. A professional home inspection is an examination of the current condition of a house. It is not an appraisal, which determines market value. It is not a municipal inspection, which verifies local code compliance. A home inspector, therefore, will not pass or fail a house, but rather describe its physical condition and indicate what components and systems may need major repair or replacement.
