Month: November 2017
A home inspection is an objective visual examination of the physical structure and installed systems, from the roof to the foundation. It is the equivalent of a doctor’s physical examination and lets you know what problems could potentially arise if you decide to buy the home. When problems or problems are encountered, the inspector may recommend a new evaluation or measures to be taken. For example: evidence of termites will surely determine a detailed pest inspection.
A satisfactory inspection is an important element for the purchase of housing. The buyer chooses a licensed housing inspector and pays inspection. Inspecting the home will cost an additional several hundred dollars, but it will give you the peace of mind to know as much as you can regarding the property.
Do I need a home inspection?
A home inspection summarizes the state of the property, highlights the need for major repairs, and identifies areas that may require your attention in the near future. Buyers and sellers rely on an accurate home inspection to maximize their knowledge of the property and to make smart decisions before entering into a sale agreement.
An inspection highlights the positive aspects of the house, as well as the maintenance that will be necessary to keep it in good condition. After an inspection, both parties are better aware of the value and needs of the property.
Landlords can use the inspection to identify ongoing problems and to learn about preventative measures that could avoid costly repairs in the future. If you are thinking of selling your home, an inspection before putting it up for sale allows you to better understand the conditions that the buyer’s inspector may discover and thus have the opportunity to complete the repairs that make your home more attractive in the eyes of buyers.
What does a home inspection involve?
A standard home inspection summarizes the findings found during visual inspection of homes:
A negative inspection is a reason to withdraw from the transaction (provided you have included the contingency in your offer to purchase a real estate or in your purchase agreement) or renegotiate the price of the home.
When inspecting the home, be sure to check for termites, radon gas, lead-based paint, and asbestos as well.
Inspection day is often one of the most exciting moments of home buying because it’s likely the first chance you have to go inside the home since you made your offer. It’s also usually the last chance you’ll have until a final walkthrough. But more importantly, it’s your opportunity to make sure you know what you’re getting yourself into when it comes to the condition of the home.
Home inspections can be reassuring, fun and exhausting all at the same time.
Home inspections don’t just provide you with a list of problems you want to negotiate with the seller to fix or something catastrophic that makes you back out of the deal altogether. It will provide you a detailed report that is something of a “new owner’s manual” for the home. It will include maintenance tips and schedules you should follow.
Finding an inspector
You should hire a licensed, professional inspector to conduct a thorough inspection. How do you choose one? Along with agents, lenders and other home pros, Zillow has lists of inspectors with reviews. You can use the Agent Finder tool to find all kinds of real estate pros, including inspectors. Get recommendations, check their online reviews and study their websites. Get a sample report to make sure what they will produce is thorough. Your agent probably has suggestions but you don’t need to use them.
You will want to be clear on exactly what is and isn’t included in the inspection price. Will they test for lead paint? How about asbestos in the ceiling tiles? Is that part of the basic inspection or will it cost more? The price, though you will pay it, is probably the least of your concerns. Most inspectors are in a similar range of $300-$500 anyway and any fluctuation is a small price to pay for what you will get. Early in the home buying process start researching inspectors and have at least a couple in mind, especially if the market is busy. You’ll need to be sure you can get an inspection scheduled within your contract timeline, so if your first choice isn’t available, you need someone waiting.
You should plan on being there and your agent should be right there with you the entire time. Chances are the seller’s agent will be there, too to help get any quick answers the inspector might need. Block off the entire morning or afternoon. Home inspections take time and you don’t want to rush through it. During this time, follow along as much as you can. You don’t have to follow the inspector into the crawlspace they bring protective clothing just for that – but anyplace reasonably accessible, you should go too.
You aren’t being a pest. (That’s a different inspection altogether. If you have any reason for concern, hire an additional pest inspection.) You’re being a student. Inspectors will explain your home’s systems and give you maintenance tips. Those should also be in the final report, along with pictures. But hearing and seeing it in person is helpful. The day of inspection will probably feel like a whirlwind of activity. You may be a little nervous about what the inspector will find. It will help if you make like a scout: be prepared.
Influenced by changing economic and legal environments over the past 30 years, home inspection reports have been changing to accommodate growing customer expectations and to provide more complete information and protection for both inspectors and inspectors. Your clients.
Development of standards
Prior to the mid-1970s, inspection reports did not meet standards guidelines, and most had no oversight or regulation. As you can imagine, with no minimum standards to be respected, the quality of inspections varied considerably, and the housing inspection industry was looked upon with some mistrust.
With the founding of the American Society of Home Inspectors (ASHI) in 1976, it was possible to have contents of inspection reports governed by guidelines for housing inspections in the format of Standards of Practice … Over time, New and largest trade association, the International Association of Certified Housing Inspectors, which developed its own standards.
Inter NACHI has grown to dominate the inspection industry and, in addition to the Standards of Practice for Nursing Homes has developed a complete Rules of Practice for Commercial Property Inspection . Today, most inspections, from fungi to inspection by fire doors are carried out according to standard practice some Inter NACHI.
As a consumer, you should take the time to examine the Standards of Practice that your inspector meets. If you are not affiliated with any professional inspection organization and your report does not meet any particular rule, you should seek another inspector.
In general, reports should describe the most important housing systems, their key components, and their operability, especially those where a failure can result in dangerous or costly conditions to correct. Defects should be adequately described, and the report should include recommendations.
Reports should also exclude unexplained portions of the home. Since house inspections are visual, the parts of the house hidden under the floor, ceiling or ceiling should be excluded.
Home inspectors are not experts in every housing system, but are trained to recognize conditions that require the inspection of a specialist.
Home inspections are not technically exhaustive, which means that an inspector will not disassemble a furnace for thorough examination, for example, the heat exchanger.
The Standards of Practice were designed to identify the requirements of a home inspection and the limitations of an inspection
What to do inspect
Structure: Check that the floors are no curves or moisture, beams and columns of solid support, age and general condition of the heating system and air conditioning, windows and doors with good heat insulation and walls without stains or odor humidity. Check switches, circuits and sockets are not worn, and the location and status of the fuse box.
Sewerage and drainage system: Test the water pressure to open the taps, check that there are no leaks or slow drains. On the roof, check that the tiles are not loose and that the water channels do not splash.
Appliances and accessories: Verify that the appliances function properly and check the warranty time they have; Surfaces and kitchen furniture should be free of cracks or scratches and, if there is a chimney, check that the air intake valve is in good condition.
Exterior appearance: Make sure that there are no cracks or cracks in the walls, that the doors and windows close tightly, the glasses without scratches or expiration, the state of the irrigation system and drainage of the garden.