Home Inspection FAQ,s
“What is a Home Inspection?”
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- A home inspection is a visual examination of the current state of the physical structure and the systems of a house.
- If you are thinking of buying a house, town house or condominium, you need it properly inspected before the final purchase by a professional home inspector.
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“Why do I need a Home Inspection?”
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- The purchase of a home is probably the largest single investment you will ever make.
- You should know exactly what to expect in terms of repair and maintenance and their costs.
- A fresh coat of paint could be hiding serious structural problems.
- Water marks in the basement could indicate a chronic seepage problem or may be simply the result of a single incident.
- A home inspector will interpret and identify problems and recommend preventive measures which might avoid future repairs.
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“Can I do the inspection myself?”
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- Qualified inspectors are familiar with the many elements of home construction, proper installation and required maintenance.
- They understand how the home ‘ s systems and components are intended to function together, as well as how and why they fail.
- Most homeowners lack the knowledge and expertise of a professional home inspector.
- Most buyers find it very difficult to remain completely objective about the house they really want and this may affect their judgment.
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“When do I request an inspection?”
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- Right after you have made an offer on your new home.
- The real estate contract usually allows for a grace period to inspect the property.
- Ask your real estate agent to include this inspection clause in the contract, making your purchase obligation contingent upon the findings of a home inspection.
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“Should I attend the inspection?”
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- It is not necessary for you to be present at the inspection, but it is a good idea.
- By following the inspector through the inspection, observing and asking questions, you will learn about the house and get some tips too on general maintenance.
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“Can a house fail the home inspection?”
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- No! A professional home inspection is an examination of the current condition of your prospective home.
- It is not an appraisal, which determines market value, or a municipal inspection, which verifies local code compliance.
- A home inspection will not ” pass ” or ” fail ” a house, but will accurately describe its physical condition and indicate needed repairs and/or component replacement.
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“What if the report reveals problems?”
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- If the inspector finds problems in a home it doesn ‘ t mean you should or shouldn ‘ t buy the house, it is so you know in advance what to expect and what type of repairs to anticipate.
- A seller may be willing to renegotiate the purchase price because of significant problems discovered in an inspection.
- If your budget is very tight, or if you don ‘ t wish to become involved in future repair work, you may decide that this is not the house for you. The choice is yours.
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“Do I have to repair everything wrong with the house?”
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- A home inspection report is not intended to be a to-do or repair list for the home.
- Sellers are not obligated to repair conditions noted in the report, nor are they required to produce a flawless house.
- Potential repair items already known by both parties are subject to any negotiations.
- A home seller can make repairs as a matter of choice, not an obligation, to foster good will or to facilitate the sale.
- Sellers maintain the legal right to refuse the repair demands, except where requirements are set forth by state law, local ordinance, or the real estate purchase contract.
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“If the report is good, did I really need an inspection?”
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- Definitely. Now you can complete your home purchase with peace of mind about the condition of the property and all its equipment and systems.
- You can feel assured that you are making a well informed decision. You may also have learned a few new things about the property from the inspector.
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“What will the inspection cost?”
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- Inspection fees for a typical single family house, town house or condominium, vary geographically, as does the cost of housing.
- Within a geographic area the inspection fees will vary depending upon the size of the house, particular features of the house, age, type of structure, number of HVAC systems, etc.
- The cost should not be a factor in the decision whether or not to have a home inspection.
- You might save many times the cost of the inspection if you are able to have the seller perform repairs based on significant problems revealed by the inspector.
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