What is a Home Inspection?
A home inspection is a detailed report prepared by a certified home inspector who determines the condition of the homes systems, identifies deterioration (if any), and provides recommendations. Depending on the size of the house, the inspection could take up to 2 – 5 hours.
The inspection is ordered by homeowners to ensure major systems are in good condition and no serious, expensive defects unknown to seller or buyer. This is part of the buyer’s due diligence.
What does the Home Inspector Examine?
The inspector examines key elements, observing the condition, and that nothing is damaged:
- The Exterior- Roof, driveways, steps, decks, and siding.
- The Interior – Windows and doors, ceilings, walls, fireplaces/chimneys, and floors.
- Plumbing and Electrical Systems – Water supply, heating and air systems, breakers, fuses, and ventilation/insulation.
- The Foundation – foundation and the framing of the home
After the inspection, the home inspector will provide you with a detailed report outlining any issues or recommended repairs. You can negotiate the sales price if issues are noted in the report. You can require the seller to make repairs, or back out of the offer altogether.
Key Elements:
- Not having a home inspection can cost you thousands of dollars.
- It is recommended that you have a home inspection contingency clause in your purchase contract.