Are you buying a home?
What really matters in home inspection?
The entire home buying process can be stressful. The real estate broker is there to answer your questions and help you make an informed decision. You will be asked to absorb so much information in just a few hours.
- Let me explain –
If you hire me to inspect your new home, I guarantee that I will give you my very best effort. This is my promise you.
- This will include a written report, a repair checklist, photographs and what the inspector says during the inspection.
- The seller will provide you with a disclosure statement of problems that are known and when these major repairs were accomplished.
- You will notice things and have some questions of your own. For these reasons the whole buying experience is often overwhelming.
- Choosing the right home inspector can be difficult. Every North Carolina licensed home inspector will have varying qualifications, equipment, experience and backgrounds, reporting methods, and pricing.
- A thorough inspection depends heavily on the individual inspector’s effort. The detail of the written report is most important. One thing that’s certain is that a home inspection requires a lot of work.
A home inspector is sometimes confused with a real estate appraiser. A home inspector determines the condition of a structure, whereas an appraiser determines the value of a property. A professional home inspection is an examination of the current condition of a house. It is not an inspection to verify compliance with appropriate building codes.
“If you think it's expensive to hire a professional to do the job, wait until you hire an amateur.” by Red Adair Follow along with your home inspector and you will soon realize that there will be maintenance recommendations, some life expectancies of various systems and components and also some minor imperfections.What really matters can be summed up as:
- Major defects, such as structural failure;
- Things that lead to major defects, such as a small roof flashing leak;
- Things that may hinder the financing or your ability to obtain insurance;
- Safety hazards, a wooden deck with extensive wood decay.
Most sellers are honest. They may not be aware of defects uncovered during the inspection. Realize that the sellers are under no obligation to repair everything mentioned in the report. No home is perfect. For example, a home built in 1986 should be in a similar condition with other homes built around the same time frame. Keep things in perspective. Don’t expect the seller to address every single condition.
A home inspection is a limited, non-invasive, visual examination of a dwelling, performed for a fee. The inspection is designed to identify material defects that were observed at the time and on the date of the inspection, and not the prediction of future conditions. The inspection may not reveal all deficiencies. A real estate inspection helps to reduce some of the risk involved in purchasing a home, but it cannot eliminate these risks, nor can the inspection anticipate future events or changes in performance due to changes in use or occupancy.
Evaluations by qualified licensed general contractors or tradesman may lead to the discovery of additional deficiencies which may involve additional repair costs. For example, mechanical devices can fail at any time, plumbing seals may crack if the appliance or plumbing fixture is not used often, roof leaks can occur at any time regardless of the apparent condition of the roof, and the performance of the structure and the systems may change due to effects of weather, etc.
You are advised to seek one or more professional opinions and acquire estimates of repair as to any defects, comments, improvements, or recommendations mentioned in this report. We recommend that the professional making any repairs inspect the property further, in order to discover and repair related problems that were not identified in the report.
A Final Note on Paying for a Home Inspection - Based on all the added expenses that you might end up paying without a home inspection such as fixing a broken water heater, plumbing issues, and foundation problems, the minimal cost of $300-$400 is definitely worth it. Homebuyers are often stressed out about money and think that they can save a few dollars by skipping a home inspection. In reality, an inspection can be the best investment you make in your home and it can give you peace of mind when you finally decide to buy.