What Does a Home Inspection Cover

What Does a Home Inspection Cover

When you are buying or selling a property it is in your best interest to get a home inspection done.  Home inspections are done to determine the condition of the home and the inspection report is invaluable in a real estate transaction.  It allows sellers to set the price of the home and it can allow both parties to negotiate the price based on any repairs that may be required.

Types of Home Inspections

There are several types of home inspections service that are offered.  Buyer want an inspection before they make a purchase, sellers also get inspections done so they can fix any problems before they list their home.  These are the most common but there are others too.  Phases inspections happen during the construction process making sure that the work is up to code.  Warranty inspections are done after construction is completed but the house is still under the builder’s warranty.

What Does a Home Inspection Cover?

A home inspection will cover the structure of the home, the roof, your HVAC system, plumbing, electrical and appliances.  Bear in mind that home inspections are not foolproof, an inspector can only check items that are visible and that they can access.  If you buy a three story property then it’s entirely possible that the roof doesn’t get inspected.  An inspector won’t cut holes in the walls to check the plumbing or electrical but they will use thermal imaging to take a cursory look.  You may also want to have the property tested for mold and radon.  Here is an up close look at a home inspection and what things the inspector looks for.

Home Inspectors are Impartial

Home inspectors are forbidden by law to do any repair work on a home that they inspect, this is done for your protection and to keep the inspection process impartial.  You don’t have to worry about a home inspector making up problems in order to become the repair person.  Many home inspectors do come from the construction industry so they are qualified to give you a rough idea of what repairs will cost.  They can refer you to a contractor, roofer or whatever you need to get a repair done.

Home inspection don’t cover everything, they will be limited to the home itself and maybe the garage.  A home inspector will not look at swimming pools, out buildings or septic tanks.  Many also don’t include mold testing or radon testing either.  However most of the time you can get these services as an add-on to your home inspection.

Do You Really Need a Home Inspection

When you finally decide to buy a home you can spend endless weekends going to open houses trying to find the perfect house until you come across one you like and you have finally made an offer.  However, before the deal is done it is crucial that you have any potential home purchase inspected.  The home may look beautiful on the outside but that doesn’t mean there aren’t a ton of hidden problems.

Why Get an Inspection

The inspection is a crucial part of the home buying process and it can stop you from stepping into a really bad deal, or it can reinforce that you are in fact buying the home of your dreams.  Yes, you know how many bedrooms and how many square feet of living space you have but do you have any idea how old the plumbing or electrical is?  You also need to if the foundation of the home is in good shape, whether there is adequate ventilation and insulation in the attic.  The only way to find out all of this information is through a complete home inspection.

Potential Problems

A home inspection benefits both the buyer and the seller.  If the seller chooses to have a pre-emptive home inspection it gives them the ability to either deal with any potential problems or to price the home accordingly.  As a buyer if you are working with a realtor they will advise you to make your offer conditional to the inspection.  Should problems arise during the inspection process it gives you the chance to back out of the deal.

As a buyer you also find out exactly what issues you are going to face if you take possession of the house.  That gives you the chance to negotiate the price based on future repairs that you will have to do. You are armed with the knowledge of both the good and the bad of the house and can make your decision accordingly.

Home Inspectors are Impartial

Home inspectors get paid to inspect the home, that is it.  They have no interest in whether the deal happens or not.  Regardless of whether they are hired by the buyer, seller or realtor they are impartial and are there to report their findings.

A home inspection is going to run you a couple of hundred dollars and it is worth every single penny.  This is not where you try and cut costs or try and do it yourself.  Inspectors look at the complete structure of your home along with HVAC, plumbing and electrical to make sure everything is in good working order.