Home Buying Information Guide

HOME INSPECTION FAQ WHAT IS A HOME INSPECTION?

A home inspection is an objective visual examination of the physical structure and systems of a house, from the roof to the foundation. WHAT DOES A HOME INSPECTION INCLUDE? The standard home inspector's report will cover the condition of the home's heating system; central air conditioning system (temp permitting), interior plumbing and electrical systems, the room, attic and visible insulation, walls, ceiling, floors, windows and doors, the foundation, basement and structural components. WHY DO I NEED A HOME INSPECTION? Buying a home could be the largest single investment you will ever make. To minimize unpleasant surprises and unexpected difficulties, you'll want to learn as much as you can about the newly constructed or existing house before you buy it. A home inspection may identify the need for major repairs or builder oversights, as well as the need for maintenance to keep it in good shape. After the inspection, you will know more about the house, which will allow you to make decisions with confidence. WHAT IF THE REPORT REVEALS PROBLEMS? No house is perfect. If the inspector identifies problems, if doesn't mean you should or shouldn't buy the house, only that you will know in advance what to expect. If your budget is tight, or if you don't want to become involved in future repair work, this information will be important to you. If major problems are found, a seller may agree to make repairs or give a credit. WHAT WILL IT COST? The inspection fee for a typical single-family home varie, as does the cost of housing. Similarly, within a given area, the inspection fee may vary depending on a number of factors such as the size of the house, its age and possible optional services such as septic, well or radon testing. Do not let cost be a factor in deciding whether or not to have a home inspection or in the selection of your home inspector. The sense of security and knowledge gained from an inspection is well worth the cost, and the lowest priced inspection is not necessarily a bargain. Use the inspector's qualifications, including experience, training, compliance with your state's regulations, and professional affiliations as a guide. WHEN DO I CALL A HOME INSPECTOR? Typically, a home inspector is contacted immediately after the contract or purchase agreement has been signed. Before you sign, be sure there is an inspection clause in the sales contract, making your final purchase obligation contingent on the findings of a professional home inspection. This clause should specify the terms and conditions to which both the buyer and seller are obligated. DO I HAVE TO BE THERE? While it's not required that you be present for the inspection, it is highly recommended. You will be able to observe the inspector and ask questions as you learn about the condition of the home and how to maintain it.

Windermere Real Estate

Made with FlippingBook - Online catalogs