Buying a home is likely the most expensive purchase people make in their life. There are many steps to be taken between finding the right home and finally holding the key in hand.
A home inspection is a significant part of the purchasing process and while it adds to the overall cost, it is a step that should not be skipped. A certified home inspector is a trained professional who provides a comprehensive assessment of all major systems and components of a house. This includes the home's heating system, central air conditioning system, interior plumbing and electrical systems, the roof, attic, visible insulation, walls, ceilings, floors, windows, doors, the foundation, basement, and structural components. A home inspection may identify the need for major repair or builder oversights. In addition, a home inspection informs the buyer about the need for regular maintenance to keep the home in good condition. After the inspection, the buyer will know more about the home, which will allow them to make decisions with confidence.
A typical inspection lasts around 3-4 hours, depending on the size and condition of the home. The buyer will receive a written report with integrated pictures that will show defects as well as point out important features, for example the location of the main water and gas shut off valves so it can be accessed quickly in case of an emergency. While it is not necessary for the buyer to attend the inspection, it is highly recommended to at least be there at the end for a summary. Any problems the inspector finds make more sense if the buyer sees them in person instead of relying solely on the report . This is also a good time to ask questions about the potential new home.
A home inspection examines the current condition of the home. A home inspector, therefore, will not pass or fail a house, but rather describe its physical condition and indicate what components and systems are adequate, may be in need of repair or replacement now or in the near future, or are unsafe in their current condition. This information is crucial for the buyer to make a well-informed decision regarding the home and may be used to negotiate with the seller. The buyer's real estate agent will be able to write a repair addendum as needed.