The first myth is that a home inspection isn’t required as long as you can see the condition of the property is good. This isn’t true. You should go for home inspection with certified and licensed inspector only. You will receive a report that gives the condition of the inspected items. Many reports will include a list of items that need attention and photos of the findings. This is a written report of the home’s condition of the home on the day it was inspected. What is in writing is more important than any spoken claims you get from an agent or seller.
He or she prepares a report that gives the condition of all the home’s major components. The home inspectors give the home a close look with a professionally trained eye. Keep in mind that an inspection isn’t the same as an appraisal. The appraisal gives the value of the home, the inspection gives the condition.
These are important, but will not provide a complete picture of the home’s elements. Termite inspection only checks for termites, he won’t check the heating and air units. General contractors cannot provide home inspection. In fact, many states forbid it, due to the potential for conflict of interest.
The inspection is not a seller’s repair list. While the seller can use the inspection as a repair list, unless it is a contingency in the contract, there is no obligation for repairs. The exception is if the home inspection finds conditions that are required by law to be fixed before the home is sold. The inspection tells you what you are getting for your money. Some people even have inspections performed before signing a purchase agreement — to save time and money. Even if you are buying a home “as-is,” you should have it inspected from home inspector. While the seller is not responsible for any repairs or improvements, the inspection lets you know what you are getting into. It is better to know before you live in the home.
And finally, new homes should be inspected as well. They should be inspected before the walls are closed in and after the building is complete. A study a few years back revealed that 15% of new homes sold with a serious defect. Some builders will not allow you an inspection, but you should try your hardest to get it inspected before it is too far along. Many conditions will not show up once the home is complete until it is too late. You should definitely have it inspected by your professional once it is complete. There is absolutely no reason not to have a home you are purchasing inspected. It protects you and your investment.
Please follow and like us: