Conducting a home inspection before you close escrow on a property is one of the most important decisions you will make.
According to the American Home Inspectors Training Institute a home inspection is an all-encompassing examination of the condition of a home. A home is one of the most important purchases and perhaps the largest investment you will ever make therefore a home inspection is an inexpensive way to discover the universal condition of a home. Indeed, it is important to conduct a home inspection to avoid a costly mistake by purchasing a property in need of major repairs. Even if you think you have found a “dream home,” it is a home inspector’s responsibility to let you know that your “dream home” may not be just right.
As a matter of fact, a certified home inspector is a professional who will conduct an inspection of the general condition of the home. A good home inspection will assist a buyer in understanding exactly what they are about to acquire. Above all, a home may look move in ready, but an inspector will cover features of the house such as electrical wiring, plumbing, roofing, insulation, as well as structural features of the home and may unveil issues that are not noticeable to the buyer’s eye. As a buyer, you are making a huge investment, and it is important to understand exactly what you are purchasing.
What is more, once the inspection is completed, the home inspector will generally provide the buyer with a report suggesting any improvements or repairs deemed necessary to bring the home up to current standards. Home inspections may often reveal problems with a home that could be pricey to fix, and this could be used as a great tool in purchasing negotiations with the seller. As the buyer you may be able to negotiate the price dependent on what the inspector has found. If flaws were found within the home, the buyer now would have a couple more options in negotiations. A buyer could negotiate a credit with the sellers, have the seller pay for repairs before the closing, purchase the home as is, or walk away from the purchase if the issues seem too problematic (www.ahit.com).
If possible, it is recommended that you attend your home inspection. Besides this is a valuable educational opportunity. With this in mind, never pass up the chance to see your forthcoming home through the eyes of an expert.
Furthermore, the cost of a home inspection may vary depending upon the size of the house. Also, a home inspection could take anywhere from 2-5 hours, again, depending upon the size of the home. It is not an inspector’s responsibility to correct, or repair any potential issues found in the home. An inspector may recommend repair, or to seek out skilled professionals in each trade for further information.
In the end, conducting a home inspection will give you peace of mind by revealing the current condition of the property. This comfort will assist you in moving forward with your purchase confidently.
Written by: Yvette C. Page