Home Inspection 101 For The Home Buyer

Why is the home inspector the buyer’s best friend? In a real estate transaction, there are many parties involved with different interests. The buyer, the seller, the real estate agent, the mortgage broker, the appraiser, the attorney, the title company, the insurance company and the home inspector. The inspector and the buyer’s attorney are the buyer’s best friend because they help protect the buyer’s interests. A home inspector is hired by the buyer most often to inspect the house he/she is buying to offer a professional and unbiased report on the condition of the house. So what is at stake here for the buyer? The money he is going to pay for the house as well as the future money he is going to pay for the house plus his and his family’s health

How does they buyer choose a home inspector? What are the fees associated with a home inspection? Since a home inspection is so important, a buyer should choose a inspector carefully. A buyer should not choose a inspector just based on the fee he charges. Ask questions about what he is going to inspect and how long his inspections take and how quick his report will be ready. There are home inspectors who charge $100 to $150 flat fee inspections, but whose inspection takes 1/2 hour to 1 hour and those inspections are not as accurate or has the quality as those inspections which require more time and equipment. A good inspection of a house can take 3 to 4 hours at a fee of $500 dollars. This fee is minuscule compared to the price of the house.

When should a buyer get a inspection done? Never use the home inspector your real estate agent refer to you even if the agent represents the buyer. This is obvious because the success of the transaction hinges on the outcome of the inspection. Nor use the home inspection an attorney refers you. To get the most unbiased home inspector, pick one who is not related to the other parties of the transaction. You should get the inspection done before you go into contract.

When should a seller get a inspection done? A seller should get a inspection done before he list his home for sale with a real estate agent.

What does a home inspector inspect? A general home inspection is defined by different home inspection organizations. One of the largest home inspection organizations is NACHI. Membership with one of the home inspection organizations is a good sign the inspector is following some standards of practice when he does his inspections. Click on this link to view the InterNACHI Standards of Practice.

How does a inspection help the home buyer save money? The answer is an inspection will most likely reveal a defect with the house you are buying that would cost some money to fix in the future if you are going to buy the house. You can save some money here by bringing up all the defects the inspection report reveals up to the negotiation process before you sign the contract, make the earnest money deposit, or the deposit.

Thorough Home Inspection by a Good Home Inspector

Every one dreams of living in a comfortable place. A house which is beautifully planned and constructed is what you would wish for. But, you might be wondering how you will know these things. If you are still in doubt of purchasing a home then you better have a thorough home inspection of the whole structure so that you can come up with your final decision. Thorough home inspection tips include hiring a good home inspector. The report of this person about the house can have a great impact on your purchase.

The first thing that you must do in looking for the perfect home inspector to do the job is to ask recommendations from friends and family members. You can ask whether they have hired someone before and who they can recommend to help you out with what you need. They will be able to provide you with honest replies. Not only that, you can also have a good idea on the names or agencies of the inspectors to avoid.

Once you have learned from them, you can also search and ask for the best home inspectors from your locality. There may be many of them but you will be able to narrow your list when you ask from them any references. These references will give you a light of how the home inspector performed and whether the home inspection services were done thoroughly. You can also check whether they are really certified to do the task.

To double check whether the home inspector is really good with the job and has a lot of experience with it, you can search through the American Society of Home Inspectors. This is a credible and reliable organization of inspectors and with the name of the person on the list of members; you will be assured that the person is reliable in his field of work also.

You can also look over the educational background and experience of the home inspector. You must check whether the inspector was able to get proper training in his field and of course certification to do home inspection. Having a degree of architecture, engineering and an experience of being a contractor would be a great plus because it would tell you that he knows what he is doing.

Moreover, you can ask for the home inspection checklist that the inspector will be using. Look over the details and what the areas are that the inspector will check on the house. When the checklist is specifically detailed, you will also have a report on specific problems of the house. This means that the inspector will be doing a thorough search.

Lastly, ask the home inspector whether he will allow you to check on what he is doing or if it is included in his services to show you around the house and point to you the problems noticed. This will give you an idea of what you need to replace once you have bought the house or help in your decision whether it is worth buying.

A good home inspector is the one who performs a thorough inspection and will give you a thorough report. Once you have chosen the person to do the inspection, you will just wait for the results that will help answer your question whether you have to buy the house or not.

The Reality Of Home Inspections

Home inspections are one of the most necessary steps in the purchase of any home, new or old. as a home is a major purchase, likely the most major purchase, and the most expensive purchase you will ever make, it only makes sense to ensure that you are getting what you paid for. Make sure that when you have the home inspected it is by a reputable and in dependent home inspector. It is their job to examine every aspect of the home and to make sure that not only is it safe, but that the seller has been earnest with their disclosure about the home. They can also help to find things that the seller may not have been aware of themselves. This is especially true in homes where the seller has not owned the home for an extended period of time.

Inspections are are a required aspect of real estate sales. They are in place to ensure that the home that is transferring hands is safe and livable. Inspectors visually check many aspects of the home during an average inspection. The most notable things are the home’s systems like plumbing, heating, electrical and so on. Another major aspect of a home inspection is the checking of the foundation and home itself for structural stability. If there is a problem like cracks in the foundation or leaks in the basement an inspection will identify these problems so that they can be dealt with before the sale is complete.

One thing that many regular inspections don’t look at that should be looked at is the possibility of mold in the home. Some inspectors are not fully versed in the identification of mold so it would benefit you greatly to find an inspector who is trained in the identification of mold. This will be particularly important in any home that is in close proximity to a water source such as a lake or river. Is is important to know about mold in a home as certain types of mold can be extremely harmful. Mold of any sort can inflame allergies and conditions of the respiratory system.

Don’t sell yourself short on a home purchase and be wary of any seller who seems to want to have the inspection step skipped. Maybe they are trying to hide something? Unless you get the inspection you may never know for sure.