You’ve Found Your Home! Now What?
What Is A Home Inspection And The Process:
A home inspection should include examination of all major systems, including the plumbing, heating, air conditioning, electrical, and appliance systems. The home inspector will also look at the structural components, such as the roof, foundation, basement, exterior and interior walls, chimney, doors, and windows.
It is recommended that the home buyer and/or representing buyer’s agent be present at the time of the home inspection.
Why Have A Home Inspection?
Buying a home is the single most expensive investment many of us will ever make. A home inspection is designed to provide the home buyer with the information they need to make a more informed decision about the property.
The home inspection report will identify any potential significant defects and give the home buyer an estimate of the costs of repairs so that they can be negotiated in an updated purchase contract. An inspection will also highlight any areas that need to be addressed in the near future which may be reaching the end of their useful life span.
What Do Home Inspections Cost?
Home inspection fees vary from state to state. An estimated cost of a home inspection is around $250-$400, depending on what services have been selected, as well as where the house is located. However, considering how much you are paying for a home, the cost is well worth it.
In addition to the general home inspection, there are many common services that home buyers also choose to have preformed when having a home inspection. These
Optional Home Inspection Services Not Typically Included In A General Home Inspection:
- Wood destroying pests
- Radon gas
- Lead base paint (homes built before 1978)
- Carbon monoxide
- Pools, spas, barns or other external structures
- Docks and sea walls
- Underground sprinkler systems
Once the inspection is completed, the buyer generally has a set number of days to put in writing the “request for repairs” required by the seller to make prior to taking possession of the home.
The sellers then have the option to make repairs or not. If the purchase contract says the home is being sold in “as is” condition, then the buyer is saying they will not make any repairs, no matter the seriousness of the problem.