A home inspection is an objective visual inspection of a home, from the roof to the foundation
What is a Home Inspection?
A home inspection is an assessment of the home performed by a qualified home inspector. It is typically non-invasive and is only a visual inspection. However, it can be quite thorough with a detailed evaluation of the condition of the home.
A home purchasing contract usually requires a home inspection. This “home inspection contingency” means that the buyer can cancel the sale or negotiate repairs, as a result of the home inspection report. Be aware that you should do the inspection as soon as possible, even before the contingency expiration date. The investigation may reveal that a specialist is required for further examination. As a result, you will have to coordinate additional specialized inspections and send the reports to the seller.
After the inspection, you should receive two documents, as required by law. You should receive a pre-inspection agreement as well as the actual inspection report. A house cannot fail an inspection because it is not an appraisal. Instead, it is an evaluation to verify local code compliance and which areas may need repair.
What does a home inspection include?
Home inspection reports assess the home from the foundation to the roof. It should include:
- Heating and Cooling Systems
- Electrical Systems
- Plumbing
- Foundation
- Lot
- Exterior
- Roof
- Basement
- Appliances
- Interior (Walls, Ceilings, Floors, Windows, Doors)
- Visible Structural Components
- Visible Insulation
- Exterior
For more information and a detailed list with explanations, see the ASHI Standard of Practice and Code of Ethics. These publications are published by the American Society of Home Inspectors, which is a professional association for home inspectors in North America. These documents describe what you can expect on your inspection day.
So how much does it cost?
The home inspection cost for a home varies on the region and the type of home. Furthermore, home inspectors range in qualifications, certifications, and training. You want a certified professional who stays current.
According to HomeAdvisor, the national average home inspection cost is $327. The typical range is $278 to $389.
A home inspector has a base price. Then, they may ask you questions that add to that initial quote. How large the home is, the age of the house, detached garages, exterior buildings, a swimming pool or septic system may all be additional fees
You may also choose to add other things to get a better understanding of the condition of your house. For example, some home inspectors offer radon, asbestos, mold, and lead testing as well as a sewer scope.
How long does the inspection take? Do I have to be there?
Your presence is not required during the inspection. However, it is highly recommended. When considering a home inspector, confirm that you can be there to observe. If the inspector says “no,” you may want to find someone else.
Naturally, you want to be knowledgeable about the home you are considering purchasing. The home inspector can point out features of the house and explain what needs to be done. All of his findings will be in the report, but you can then ask additional follow up questions and possible maintenance tips
The home inspection will likely take a few hours. Allow for the entire morning or afternoon and don’t rush through it. This one-time fee may prevent thousands of dollars of repairs in the future.
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