Home inspections have benefits whether you’re the buyer or the seller. However, this article will focus on the basic benefits to you as a homebuyer. Home inspections come at an additional cost, however, in the end, a thorough review of your prospective home could end up saving you money –or, at the very least, you’ll have the peace of mind that you are getting what you paid for.
Inspecting Your Home Inside and Out
Typically, you would request a home inspection after your initial offer, though the seller can order one at anytime before that. One of the main reasons that you’ll want to have a home inspector is to take advantage of their expertise.
Even if you’re an experienced homeowner or are knowledgeable in construction, a home inspector has a broad understanding of home structure, mechanics, and landscaping.
While every home and inspection requirements differ, a home inspection will typically include a review of:
- the foundation, basement, crawl spaces
- the roof, attic, visible insulation
- mechanical systems (plumbing, electrical, heating, air conditioning, ventilation, etc.)
- Interior (walls, windows, doorway, etc.)
- Exterior (walkways, driveways, curbs, garage, etc.)
After the review, the inspector will offer recommendations for repair or replacement. You can use this information to negotiate a new offer with the seller, negotiate repairs to be completed by the seller, or, at the very least, know what repairs will need to be done in the future.
Note that inspections done by municipal inspectors for new constructions are to ensure that minimal building standards are met and may not be as thorough as described above. In this case, consider an additional inspection of the home.
If possible, join the inspectors while they review the home. During this time, you’ll be able to questions, clear up misunderstandings, and gain valuable information about your prospective future home.
Paying for the Inspection
There are fees associated with getting a home inspection. Factors that affect the cost of the inspection include the size of the home, whether the home is complete or under construction, as well as what the inspector charges for their services.
The cost is typically paid upfront; however, this is not always the case. Contact us for more information.