A home inspection is something that is HIGHLY recommended to every home buyer whether you are purchasing a newly constructed home or when that's been around for forever. This guide will walk you through the process of a home inspection.
What is a home inspection?
A home inspection is a visual examination of the accessible areas of a home to provide an evaluation of the home's condition. A home inspection is designed to disclose defects in the property and highlight the positive aspects of the property.
Why do I need a home inspection?
A home inspection will give you an accurate look at the condition of the home. An inspector will examine the exterior, interior, electrical, plumbing, ventilation, structural, and finishing elements. Knowing what condition the home you are planning to buy is in is an extremely helpful too that will allow you to determine if you truly wish to keep it. Do you want to purchase a wood home that's infested with termites? Having a home inspection performed in conjunction with other inspections will allow you to make an educated decision on the quality of your home as well as give you negotiating power.
How do I select a home inspection company?
When selecting a home inspection company you're going to want to do some research. Start with companies recommended by friends, family, and your real estate agent. Once you have a list of companies to compare look at their experience, certifications, specializations, and insurance. You may not want to choose a company that is brand new with brand new inspectors. A new company with people who have been in the business for a while would be a good way to get a good rate and experience. Make sure that whoever you choose is certified to do the inspection. You should also see what your state's qualifications for certifications are. If they're minimal you may want to find someone who has additional qualifications. You'll want to stick with someone who specializes in doing home inspections not someone who does them as an "on the side" thing. The last thing you'll want to do is make sure that they're insured so that you're protected in case the inspector misses something.
What is the cost of a home inspection?
The cost of a home inspection will vary. The location of the home, size of the home, scope of the inspection, and the inspector themselves will factor into the final cost of your home inspection. Most home inspectors also offer other inspections such as radon, water, and pest that you can add on to your home inspection also affecting your costs.
When should I get the home inspected?
We recommend you get your future home inspected ASAP! Once you have a signed and executed contract reach out to schedule your home inspection. You'll want your inspection back before your due diligence period has ended so you can negotiate repairs or withdraw your offer if you find the home to be in such disrepair that you no longer wish to purchase it.
Should I attend the inspection?
Yes! The home inspection will give you a great amount of insight into the condition of the home. You'll want to see what the home inspector is seeing. This will allow you to be fully informed about the home and feel confident in your decision to purchase it. Your home inspector should provide you with a detailed report as well as a checklist for you to reference.
How long will the inspection take?
The average home inspection lasts approximately 2.5 hours. This time is variable but with over 500 components in the average home it's well worth taking the time.
What do I do if there are issues but I still want to purchase the home?
First and foremost find out what the costs to fix the issues will be. Try to get estimates from local professionals on anything you view as needing to be addressed ASAP--if you got your inspection done quickly you should have time for this during due diligence or your real estate agent may be able to negotiate extend due diligence for you to get the necessary estimates. Once you have these estimates you will have some options. You can negotiate a lower purchase price, you can negotiate that the seller fix certain items, or you can negotiate the seller pay you a certain amount at closing to repair things. Your real estate agent will be able to guide and advise you through any of these options or a combination of these options.
What should my home inspection include?
Structural and Foundation
Overall General Construction
Heating and Cooling
Windows and Doors
Kitchen and Bathroom'
Interior Walls and Ceiling
Ventilation and Drainage
Gutters and Leaders
Garages and/or Carports
Patios and/or Decks
Walks and Driveways
Author:Skye Streppa Phone: 828-713-5690 Dated: October 17th 2016 Views: 184 About Skye: Skye Streppa is an Asheville native who holds a wealth of local knowledge and a depth of character f...
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About The Streppa Team | RealtyAsheville.com: Homes for Sale
As a native of Asheville, NC, Skye has an unparalleled understanding of the local market and area. Honesty, integrity and a hardworking spirit are the very tenets that ensure Skye gets you the very best deal in every real estate transaction. That very business model has led to Skye Streppa being a multi-million dollar producer for Keller Williams for nearly 10 years running.
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