When you need a home inspection, you want to make sure you get a good one here in the Ellicott area. First, you need to know what a good home inspection is. Then you need to know how to find a home inspector who can, and will, give you the home inspection that serves you well. And last, you want to know how much you should pay for this quality home inspection by a good home inspector.
Quality Home Inspection: Does It Matter? What Should It Cost?
Purchasing a new home is a big investment. Before investing your hard earned money in buying a house that you have dreamt of, it is important that you check every aspect of it. One of the most significant aspects is getting the entire home inspected before you sign any contract in the process of buying a house.
The industry of home inspection is full of competent home inspectors. There are dozens of home inspection companies that offer reliable home examination services to their clients. But along with the availability of professional home inspectors, the home inspection industry is also plagued with fraud companies who call themselves competent home inspectors. So, it is a must to screen and qualify a company before hiring their inspection services.
There are a number of things that you must keep in mind while selecting a good home examiner for inspecting your new house. Some of them have been mentioned below:
Experience- You must consider hiring the services of a professional who performs at least 300 inspections per year. House inspectors having more years of experience are most desirable for the job of home inspection.
Knowledge- The home inspection company you choose must be knowledgeable enough to understand every system in a home. Professionals having a relevant degree in the field of engineering or architecture are considered best for the work of home assessment. Professionals dealing in general construction are also considered ideal for the role of house inspectors.
Reputation- When you are dealing with a professional company, it is important to note the reputation of both the company and the inspector who will be performing the work of inspection for your house. You must always request your hired company to send you a trained and reputed inspector for inspecting your home.
Getting relevant reports- Ensure that your hired house inspection company provides you a report that covers all the aspects of scrutiny. The inspection of your new house must include a signed report that describes what inspection was carried and also it will include the conditions of the inspected items. There are a number of home assessors who provide a checklist of items that they inspect. On the other hand, there are professionals who provide a written description of all the items that are inspected.
The cost of the inspection - Before you hire the services of a professional home examination company, you must also ask them to give you an estimate of the total cost associated with the inspection of the house. Once you get an estimate, you can compare it with other companies before hiring any particular company.
You must consider all the above points because at the end, it is the knowledge and experience of the home examiner that matters a lot in the work of home inspection.
The Top Six Myths About Home Inspections
If you have bought or sold a home, you might have experienced an independent home inspection. This type of home inspection is designed to provide both buyers and sellers with critical information about the health of the home's systems - heating and cooling, electrical, plumbing, water tightness, roof condition, and safety. This type of inspection is highly detailed and provides a wealth of information on the home. While this type of inspection is not required, it can help buyers avoid a "money pit" and can help sellers understand what things might turn buyers away.
A friend wrote me recently to say that they bought a house and had expected the home inspector to look for termites. After they moved in, they decided to remodel. They discovered that termites had completely eaten the wood structure in 3 walls.
I told them that one of the things home inspectors do not do is inspect for pests, since they are not qualified to identify them. Pest control professionals are qualified to find pest infestations, and should be called in before the purchase. Most of the time your real estate agent will suggest what inspections you should be getting to protect yourself.
This got me thinking about home inspection myths. Here are the top 6 myths.
* Home inspectors inspect for termites. Myth! Unfortunately for the couple above who believed this, repairs were very expensive.
* You should not attend the inspection on the home you are buying, because it will disturb the inspector. Myth! Inspectors appreciate their clients attending the inspection and know they can fully communicate the issues with them. Sometimes written reports do not explain everything fully. If the clients are out of town and cannot attend the inspection, they should hold a conference call to discuss report items as soon as practical after the report is completed.
* The seller is responsible for fixing everything the inspector finds wrong. Myth! Repairs, even serious ones, are negotiable. The sellers may be able to back out of a deal, however, if the inspector discovers serious defects.
* New construction requires an independent home inspection to get the Certificate of Occupancy. Myth! New construction does require progressive inspections by the municipal building inspector for safety and code enforcement. If you are moving into a newly constructed home, I personally would recommend an independent home inspection also, as it will catch many loose ends.
* If the home's appraisal is excellent, there can't be anything wrong with the home and you don't need another inspection. Myth! A home's appraisal is based on many factors, including market conditions, location, and materials (HardiePlank and granite countertops, for example) but does not inspect for systems actually working or structural integrity.
* A home inspection will take about 30 minutes. Myth! A thorough home inspection should take from 2-5 hours depending upon the size and complexity of the home. There are hundreds of inspection points on a home inspection, including walking the roof and crawling the crawlspace.
Now that you are the home inspection expert, you can try these questions on your friends and see how they do.
Home Inspection Is A Service No Property Owner Can Do Without
For a Seller, getting a home inspection done before putting the home up for sale is very important as it helps in estimating the value of the property. It also helps in getting the home spruced up based on the inspection so that they can get the right price for the home without much negotiation.
If you are considering putting your house on sale, it is wise to invest in a certified home/property inspection soon.
The pre-inspection of a home is an excellent tool to help sell your property faster. After the inspection, the seller will be aware of the shortcomings and positive features of the home. Home sellers can then set a realistic price and refrain from overpricing that would delay a sale.
A thorough house inspection is a foreseeable reality of the real estate industry today. Buyers want to know exactly what they are paying for. This is why it is helpful to get a head start by employing a pre-listing home inspection company. A qualified home inspector will inform you of the "problem" areas of the house. This works to your advantage as you can evaluate the price of your home better.
Here is a list of advantages for a seller's home inspection:* Assess and evaluate the problem areas after an inspection before a buyer can raise doubts
* Armed with a home inspection report when meeting with a potential buyer, shows thoroughness and sincerity on the sellers' part
* Negotiating repairs can be avoided if the seller can take care of them before interacting with the buyer
* An inspected home may command a premium in the market
A seller's home inspection will highlight problem areas ranging from safety risks to property damage. It gives you the flexibility and time to hire the right contractors to attend to any necessary repairs.
A pre-listing property inspection also lets you assess your property in a method similar to that of a prospective buyer. This information is instrumental in determining the actual market value of your property. The home inspection report also empowers you with a great deal of advantage during price negotiations.
Sellers can also choose a few repairs that require immediate attention, to factor in price adjustment to reflect the findings. They could also opt to offer the home inspection report as a part of the Buyers disclosures. By doing so, prospective buyers are prepared for the actual condition of the home. This lowers the chances of buyers backing out of a deal.
With the comprehensive and detailed report that you receive at the end of your house inspection, you can answer any query or concerns regarding your property with prospective buyers. Today, frugal buyers may even waive a home inspection after checking that a pre-listing property inspection was already done by the seller.