The procedure for a home inspection is frequently (but not all the time) done at the time when the home is sold. If you are into selling, you know and you’ll surely agree that home is among the most significant purchases a salesperson ever makes. It is essential then, to perform a home inspection in order to get rid of costly mistake through the purchase of a property that needs some major repairs. It is the main objective of the home inspection companies to provide their customers with the important information they need in order to make a sound decision in terms of home buying.
Majority of the home inspectors concentrate on major flaws that can be a major reason for the buyer to spend so much money on repair. Despite this, a home inspection is not required in any home purchase. However, home buyers are encouraged to go through the said inspection should there be a need to undergo one. Nevertheless, it is required from the FHA appraiser to check thoroughly the home being sold.
What is a home inspection?
By definition, the home inspection is an objective, visual and thorough evaluation of a particular home’s systems and physical structures, from its base or foundation to the roof. Going through such an inspection, a home is like basically being physically checked up. Relatively, if symptoms or problems have been detected, the assigned home inspector is likely to recommend for the home to go through a further evaluation.
If it is your first time to go through a home inspection, it is essential that you know which parts and systems of the house are being inspected. Among the commonly checked parts and systems include:
- Interior plumbing
- Roof, visible insulation, attic
- Floors, walls, ceilings, doors, windows
Getting the services of a home inspector is very much advantageous prior to the purchase of the home. There may be extra spending on top of the cost of the home itself, but it can guarantee huge savings later on. If the home being purchased has been thoroughly inspected, and repairs have been made ahead, the house then, is guaranteed to be in good condition.
How much does a home inspection cost?
There is no fixed cost for any home inspection. However, you may expect, to spend more if you have a bigger home or property as it takes a lot of work and effort to tour around the property. Home inspection for condo units or small houses costs around $200 for the base price. Homes that are over 2,000 square feet can be more expensive at $400. The typical cost though, is $300 for the normal-sized home. If you wish to conduct evaluation for additional dangerous substances such as radon, mold or asbestos, costs can be bundled into the home inspection services for less than the regular cost if arranged separately. Radon testing alone may cost between $100 to $200, while mold may cost around $800. Asbetstos, on the other hand may cost between $200 and $400. For a property with older paint and may not be in good condition, expect the service to cost around $300.
How long will a home inspection take?
The length of time spent on a home inspection is not fixed. However, it typically takes two to three hours for the home inspection to take place. It is highly recommended that you accompany the inspector or follow him closely while he inspects the property for sale. It is important that you are attentive to everything that he explains and all his findings. In connection to this, your buyer’s agent should already get the report from your home inspector within 24 to 48 hours. Then, once everything is in, as far as the inspection (water, radon, and pest, among others) is concerned, the said agent then works with the buyer in order to identify which repairs need a request. The former then presents the said request to your agent who will review it with you.
Before the home inspection
Prior to getting a home inspection, it is essential that you make a research first on the best home inspection company you can rely on and hire their services. A lot of buyers today, seek advice or recommendation from their realtor and eventually take their advice for it. Certainly, so long as you have a dependable and good realtor, there’s no reason for you to worry much about the home inspector who will handle your property. However, it is still better to personally find a home inspector for yourself, whom you can trust. As much as possible, don’t just settle for the company or inspector only your realtor highly recommends and trusts.
The best way to find a trusted home inspection company is by going online and searching for customer reviews about different home inspection services. As you do your research, study where these companies are expert and choose the one that suits your needs the most. Ensure the home inspector has a property license and that he has worked as a contractor for other customers before. One of the companies you can consider is the Alpha Building Inspections. This is one of the most trusted home inspection companies you can find that can offer you all the information you need about the service you need. This company delivers both a detailed on-site oral and electronic report on inspection services.
During the inspection
Ensure your presence during the inspection. In case the home inspector you hired does not allow your presence while he conducts the assessment, hire another one. Remember, an inspection is not just your way of learning the potential problems inside your home, but your quick guide, as well, to the appliances and systems working inside your property. An ideal home inspector is someone who can walk you through the systems so you’ll learn how to properly operate them and maintain them.
During the inspection, the inspector is expected to talk to you all the issues needed to be addressed inside the home, not to mention, all the things you need for repair. Your presence during the inspection is important so as not to be surprised or get shocked when your inspector delivers his inspection report to you. The inspection process is your chance too, to discuss with your relator (if he is there) about the items you can request from your seller to replace or repair prior to your decision to push through with your buying of the property. This is also the perfect time for you to negotiate the price.
Ask questions during the inspection
Be sure to personally attend the home inspection. This is the most important thing to do when hiring such a service like this for your home. If there is a need for you to file a leave of absence from work, then, do so. Temporarily shut everything off from your life–your daily or regular activities like responsibilities for the family and turning off your mobile phone during the hours the inspection is being conducted. Remember, physical presence is not enough. You have to be involved with the process. This will allow you to carefully observe, and if possible and when needed, ask these questions:
How bad is it?
Say, the inspector sees or traces a problem, ask how bad it is. Is it already that critical or you can still fix it at a later time or even when you already live there. Though you can ask if you can do the fixing, it is still not recommended that you do your own inspection. Home inspectors have undergone thorough training to look into details of the possible damages and problems at home you, as the owner, may miss.
What should we do with that?
This is a perfect question to test your inspector’s efficiency and worthiness. If his answers you, as if he is in an advertisement pushing you to avail of his product, maybe it’s time to consider another home inspector. But if a home inspector explains to you, an easy and simple way to address the problem traced inside your home, and if he explains it quickly that you can do the fixing yourself, then, you are dealing with the right inspector.
What would you fix?
It is okay to ask the inspector the most pushing issue you need for fixing. It is his responsibility to point out all the problems he sees as long as they are within or part of the scope of his inspection. Ask him everything that needs repair, maintenance, a replacement or anything that needs further inspection. In relation to this, it is best, while you are still both in the property, simply ask your inspector to spend around 15 minutes more to walk you through the entire property to show you all the things he has noted that need repair or further inspection.
Can you show me how (x) works?
Remember that home inspection is not just a time for you to see all the flaws in the property you are about to buy. It is also a detailed guide of how things and systems are going inside your home. Never be afraid of asking how everything works. Home inspectors here at the Alpha Building Inspections will be delighted to show you the step-by-step procedure of operating the different mechanisms and all the other systems inside your home. Indeed, they will be happy to show you how to operate everything including your water heater, stove, thermostat, and dishwasher, among others. Most especially, they will teach you how the emergency shutoffs for your electric utilities, gas and water works.
How much time is left in (x)?
An inspector who knows very well his work and the services the company he works for offers, he can already give you an initial or rough estimate in terms of how much time is left specifically on some part of your property. This may not be a guarantee. However, it can help you prepare for a longer-term repair either by securing a home warranty in order to have your home protected or by being able to save for things that your home insurance might need to cover.
After the inspection
After having your home inspected, you can now move forward to various forms, as well as actions, in order to guarantee that should there be any repair needed, they should be accomplished the soonest possible. Here are some of the things that usually happen after a home inspection has been made:
- A release of a home inspection report – this document becomes the potential home buyer’s property. It is a source of information on the priority repairs on the property.
- The buyer decides – once the report has been delivered, the buyer needs to decide after reviewing it. He decides whether to continue or discontinue the purchase should there be major repairs needed.
- Request repair – the buyer may request you, the seller, to shoulder the repair cost and he should do re-request in writing.
- Seller to decide – once you, as the seller, receive the requested items for repair, you are to decide whether to push through with it or discontinue the selling of the property.