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Return to newsletter The Home Inspection Process
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If you're ready to move into the home of your dreams, then it's time for you to identify the obvious and not-so-obvious problems in the home through the inspection process prior to closing. A professional assessment by a reputable home inspector can uncover necessary updates that you may even be able to negotiate for repair or replacement before the purchase is complete.You'll have the opportunity to bring in a home inspector of your choosing once you go into contract. The inspector will perform a comprehensive evaluation of the home and property, doing everything from testing outlets and faucets; to identifying signs of dampness, termites or carbon monoxide; to making sure walls are strong and windows are secure. If you don't already have a particular inspector in mind, ask someone you trust for a reference. The inspection may cost several hundred dollars (actual cost depends on the size of the property and complexity of the report), so it's important that you feel confident about the person conducting it and the quality of his or her work. In fact, a real estate agent is a great resource for home inspection references since he or she has undoubtedly worked with a number of quality inspectors. Choose an inspector who can provide proof of qualifications such as certifications and memberships to home inspection organizations. When interviewing an inspector, consider asking some of the following questions:
- How much will the inspection cost?
- How many inspections do you conduct each year?
- What kind of report will I receive after you complete the inspection and what will it detail?
- Do you carry professional errors and omission insurance?
- What is covered in the inspection?
- How long will it take to complete the inspection?
- After the inspection, how long will it take to receive the report?
It's best to schedule your home inspection during daylight hours if possible. You should also make every attempt to attend the home inspection, which will last two to four hours depending on the size of the home. Your participation will provide information on general maintenance tips, and alert you of any concerns with the condition of the property. Upon completion of the inspection, you and your agent should receive a copy of the report for review. Feel free to ask questions during the inspection – the more you know about your new home, the better.After the inspection, the inspector should deliver a written report within one or two days. It's perfectly normal to have a handful of small issues that need attention or repair. Work with an agent to decide which of these to ask the seller to handle or pay for, and which you'll handle yourself. Even if your home inspector finds no serious problems, the inspection can pay off indirectly. In addition to identifying immediate repairs, you'll be alerted to future maintenance issues as well.
For more information on how the inspection process works, contact me today or check out the Real Living's Buyer References.
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