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Tuesday 12 November 2013

Home Inspections Are Important

By Morgana Gunt


Before purchasing a home, it is most important to have a thorough home inspection done, so you don't regret skipping it later, if problems become apparent. Be sure to have a good home inspection done.

A home inspection is a professional and objective evaluation of the current condition of a house. Home inspections are typically part of the home buying process, most often performed at the request of the buyer. Occasionally, the buyer's bank protects itself from risky investments by requiring it, but it also protects the purchaser from unforeseen problems. In the event problems are found, a seller may be asked to effect repairs, to pay for the repairs or to renegotiate the sale price.

Sometimes a home seller requests the service prior to putting it on the market, so that problems with a house may be addressed.

The cost of common home repairs should be well understood by a competent home inspector. A professional home inspection is most valuable because it is unbiased and knowledgeable. A quality home inspection performed according to industry accepted standards is non-invasive. No holes will be drilled or walls removed by the inspector.

The following areas are inspected during a typical home inspection:

A real problem area can be the roof. The general structure of the roof that can be readily accessed for viewing should be inspected, as well as the general shingle condition, flashings, gutters and downspouts.

Outside, the house should be looked at for defects in the wall coverings such as siding, flashings, brick or other materials; check the fit of the doors and windows; steps and porches should be looked at for the general condition (ie. rot), their railings too; if there is poor surface drainage, it could impact the house's structure. You also need them to look for signs of shifting - cracks, out of square door frames; is water penetrating anywhere?

Given the value added by the reliability and certainty of a professional quality home inspection, its cost is well worth it and a minor part of the overall cost of a real estate transaction. You just never know what it will cost you to not know.

A home inspector looks at many things. The report identifies problems found during inspection. Often accompanied by photographs, it will describe the findings in clear and easy to understand language. In person, during a visit to the home with the client, the home inspector may point out the various findings.

A professional quality home inspection usually costs anywhere from $250-$500, and will vary depending how old and big the house is. Some inspectors offer special deals at a lower cost but it is important for the prospective client to determine if the special deal follows all industry accepted standards.

If you are a seller, an inspection can help you market your house more effectively. Minor repairs will pay off in getting a better price if you do them. Unnoticed and potentially costly repairs which will be needed for the house will be brought to a buyer's attention by the inspection. Some might break the deal. But if you go ahead, you can get the very best deal by having the inspector's evaluation.




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