Why pay for a home inspection? A home inspection will help buyers uncover home defects before investing. For sellers, getting a Professional home inspection before the house goes on the market will avoid unexpected costs, delays, or cancellations after reaching an agreement.
Steps
- Include a clause in the purchase contract (if you’re a buyer) purchasing the home contingent on the findings of a professional home inspection. Specify who will be responsible for repairing or replacing items discovered by the inspector.
- Search your local Yellow Pages for listings of area home inspectors. Select one American Society of Home Inspectors member or the National Association of Home Inspectors. You can also contact a local real estate broker who can give you a referral.
- Set up an appointment with a qualified inspector immediately after the signed purchase agreement.
- Schedule the inspection when you can go through the home with the inspector so that you will fully understand the findings.
- Expect to pay about $300 to $500 for the inspection. Costs vary with geographic location, house size, and the expertise of the inspector.
- The inspector should test the built-in appliances, electrical outlets, windows, heating and cooling systems, sprinklers, alarms, sinks, showers, tubs, and toilets.
Tips:
- A thorough home inspection should take at least two hours.
- Remember that an inspection is not an appraisal, and market value has nothing to do with the findings of an inspection.
- Consider hiring specifically licensed inspectors to handle environmental inspections.
Warnings:
- As a seller, you will want to limit the work you agree to do or pay for.
- Don’t let your desire to buy a house override the sensibility of having a home inspection done.
- For homes built before 1978, make sure you have a test for lead paint done.
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