Tips For A Home Inspection

Tips For A Home Inspection

 – As a homebuyer, there are many steps that happen in the purchase of a home.  Not the least of which is having a home inspection completed. By hiring a qualified home inspector, a property can be thoroughly evaluated by a neutral third party and any issues can be uncovered before buying and moving into the home.

Here are 5 tips for a home inspection:

Attend the home inspection. While a real estate agent can handle the home inspection, it is always a good idea for the buyer to attend the inspection as well. By doing so, you can get all information directly from the home inspector and also see any issues found in person. A typical home inspection only takes a few hours of time and can mean the difference between making a costly mistake and avoiding it.

No follow-up. If issues are found or an inspector makes recommendations of repairs that could be completed down the road, then an estimate for repairs should be made to figure out the cost involved. Some inspectors will make a suggestion for a follow-up from another service provider to look at a specific issue. In this case, make sure that the opinion of another professional is sought even if it delays the timeline to close.

Tips For A Home Inspection

Don’t just take the inspector’s word. It’s not wrong to have another professional check out the home. If you have suspicions about the condition of the roof or HVAC unit, then contact a professional in each field to check everything out. A termite inspection is also another good idea regardless if the lender requires it or not. The last thing you want to do is buy a home and find out immediately that it requires a costly repair that could have been prevented with thoroughly inspecting the home prior to purchase.

Even if it is a new home, a home inspection should still be completed. This step will verify that everything has been built to code and no corners were cut in the building process.

Older homes may require additional tests. Homes that are over 30 years old can have additional problems that may not be found in a visual home inspection. Additional tests that can be performed include, but are not limited to, having a camera ran through the drain lane and also a hydrostatic test to check for leaks in the drain.

A licensed home inspector will provide a thorough report detailing any repairs that should be made. After a report has been issued, then the buyer can further negotiate. Typical steps are to ask for the seller to complete repairs at their own cost, gain a purchase credit from the seller that will cover the repairs, request a price reduction or walk away from the home completely.

Problems found in a home inspection will vary from one property to the next, but among the most common are faulty wiring, plumbing issues, drainage problems, structural/foundation defects and environmental hazards. A home inspector has a full array of different tools to inspect various household elements. Many home inspectors will utilize water sensing instruments as well as thermal imaging to uncover any issues with moisture or heat within a home. Appliances that are included in the sale of the property will also typically be inspected for any leaks and to ensure that they are in proper working order.

By understanding what happens in a home inspection, a buyer can get the most out of it. While it will cost an average of between $300 to $500 out of pocket to get a home inspection completed, the investment is well worth it. A home inspection clause/contingency is typically found in just about every purchase contract. This allows for the buyer to decide against purchasing the home if anything major is found, further allowing the earnest money deposit to be returned in most cases.

FSBOTips For A Home Inspection

Rick Toney

View posts by Rick Toney
Rick Toney Is A Seasoned Real Estate Professional With Over 25 Years Of Real Estate Experience, Writes A Weekly Real Estate Blog And Is A Principal of Blue Moon Realty Group And Mesa Realty Advisors. Blue Moon Realty Group Is A Residential Redevelopment Company Specializing In The Purchase And Renovation Of Older And Physically Distressed Homes (Flip This House Boston). Mesa Realty Advisors Is An Affordable Housing Developer Specializing In The Redevelopment Of Existing Low-Income Housing Properties. Rick Is A Certified Public Accountant (CPA - Retired) In The State Of California, A Certified Property Manager (CPM - Retired) And A Real Estate Broker In The States Of California (Retired) And Massachusetts.

6 Comments

  1. Alexandra KasprzakJanuary 31, 2018

    Good article.

    Reply
  2. Darcy WhittellFebruary 13, 2017

    I am sure this will guide us in future decisions. I really like all of the points you have made. I think we should remember those points. I appreciate your effort.

    Reply
  3. Silas KnightAugust 1, 2016

    Thanks for the tips on home inspections. I had never thought to have different professionals come by the home, other than the inspector. I am sure that inspectors know what they are doing, but I guess it wouldn’t hurt to have an electrician or plumber stop by too.

    Reply
  4. Danica RamseyMay 28, 2016

    Thanks for sharing these tips on doing a home inspection. This is something that we all need to do in our homes. Rather than assuming that everything is okay in your home, it is more assuring that you have your place inspected at least once a year. Believe me, I have gone through this ordeal before and it went well on my end.

    Reply
  5. Hazel OwensMay 26, 2016

    I like your advice to attend the home inspection. As someone who likes to personally assure that everything is running smoothly in my home, I’d like to be able to see the inspection first hand. Even if you trust everyone involved, it can still be nice to know exactly what the inspection found and be able to ask questions on the spot. Thanks for the article!

    Reply
  6. Elden GatleyMarch 24, 2016

    I agree that you should attend the home inspection. That way, you can help the inspector to know why certain damage may have been caused. More specifically, you can help them to see whether it really was caused by you.

    Reply

Leave a Reply

We do not do business outside of the United States.

Your email address will not be published. Required fields are marked *

Scroll to top