![]() You’ll be able to see your home through the inspector’s eyes and ask questions during the process. Block out that time on your calendar and follow along. A thorough home inspection can take at least two hours. Spend a few hours with the home inspector.If you have allergies or a weakened immune system, a mold inspection could be critical. In an older home, an electrical inspection can check for fire hazards. Home inspectors are generalists, so if your home has unique risks, a specialty inspection could be helpful. Before the inspection, read your inspector’s contract to learn what’s not included. For example, they may not examine areas that require a ladder or present other safety risks to access. A home inspector can’t detect or predict all home problems, and their professional standards don’t require them to. If you’re buying a home, here are some tips to get the most value from your home inspection: Water damage, mold or mildew, structural problems, rot or decay and poor ventilation are all red flags for insurers. They include things like a watertight roof, sound walls and foundation, safe and reliable water supply, adequate heating for health and comfort, and adequate electricity for lighting and cooking.Ī home might also need certain repairs to be insurable. If you’re buying a home with a mortgage, the lender might require certain problems to be fixed.įor example, if you’re getting an Federal Housing Administration (FHA) loan, the property must meet the FHA’s standards that define what makes a home safe, sound and secure. What Fixes Are Mandatory After a Home Inspection? Heating equipment (furnace, radiators, baseboard and wall heaters, geothermal heat pumps, fuel-burning fireplaces).Exhaust systems (vents, flues, chimneys).Distribution systems (ductwork and registers).Cooling equipment (condensers, evaporative coolers, fans).Service entrance conductors, cables, raceways, equipment, disconnects and grounding.Service drop (where the cables or wires from the electrical pole enter the home).Presence or absence of smoke and carbon monoxide detectors. ![]() Overcurrent protection devices (such as fuses and circuit breakers).Main service panel (breaker box) and subpanels.Penetrations (for skylights, chimneys, vents, etc.).Foundation anchoring and cripple wall bracing (in earthquake-prone areas).Home Inspection ChecklistĪ home inspector will examine and describe the condition of these components of a home’s structure and systems. In a busy real estate market where inspectors are in high demand, you can expect to pay more, too. The cost will also depend on what part of the country you live in and how far the inspector has to drive to reach your property. ![]() Adding specialty inspections will increase the cost. Larger homes and older homes will take longer to inspect, so those inspections will cost more compared to smaller or newer homes. How Much Does a Home Inspection Cost?Įxpect to spend a few hundred dollars on a home inspection. Rather, they’ll focus on things like how much life the shingles have left and whether the peeling exterior paint could be a source of water intrusion. Home inspectors won’t suggest whether a home is worth the asking price or whether the green shingles go with the yellow paint. Ideally, the second inspector won’t find any surprises and the sale will stay on track.Ī home inspection is not a home appraisal, and it doesn’t consider aesthetic or cosmetic issues. The buyer may still hire their own inspector. The goal is to proactively find any issues with the home and then make repairs, or disclose the problems and reduce the price. ![]() Home sellers sometimes purchase a home inspection before listing their property for sale. If the problems are serious enough, the buyer may decide to cancel the purchase. The buyer will make the offer contingent on the inspection results and ask the seller to make repairs or reduce the contract price if the home inspector finds significant problems. Homebuyers often order a home inspection once they’ve gone under contract with a seller. Its purpose is to identify problems that may impact the home’s value or an occupant’s safety. A home inspection is a professional assessment of your home’s systems and structure. ![]()
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