Let’s talk about the top 10 questions you may have about home inspections.
Many home buyers refuse to opt for a home inspection because of their lack of knowledge regarding it. They think this will cost them more time and money, so they choose not to do a home inspection. Here are some frequently asked questions that might help you understand more about home inspections:
Why Is Home Inspection so Important?
A home inspection helps you see the real condition of the house. It provides you with a clear, comprehensive, and objective picture of the house you intend to buy or put on the market. In addition, it helps you see if there are any problems, repairs needed, or safety hazards that can help you with the overall negotiation process.
Is It Required To Have a Home Inspection?
No, a home inspection is not required, whether to the buyer or the seller.
Can Home Inspection Be Done by Myself?
No. A home inspection requires training and expertise to pick all the issues that the house may have. They provide much more accurate and understandable data. However, you can schedule to see the house for yourself. There are downloadable checklists that you can bring with you while checking the house yourself.
What Does a Home Inspection Cover?
A home inspection covers a lot, but not everything. Home inspectors usually check the structural components, the foundation, the roof, siding, plumbing fixtures, drains, heating and central AC equipment, insulation, ventilation, windows, doors, outlets, and lights. Aside from that, they look hard for moisture problems, home’s air quality, mold problems, and if there are chemical problems that can cause health hazards. Some inspectors specialize in this, such as those who inspect for radon, lead, and pests. However, the coverage is based on the contract that you have with your inspector.
Who Pays for Home Inspection?
The buyer. A home inspection can be your way to avoid being shortchanged in the negotiation process. Remember, the inspector is your private consultant and advocate who can help you make the right decisions.
Who Are Present During the Home Inspection?
The buyer, the inspector, and the agent. You’re not required to be there, but it is highly recommended to see the house first hand. It will also allow you to ask questions and clarifications in person.
What Happens When a Problem Is Uncovered During the Home Inspection?
As a buyer, you have three options. You can either accept it, negotiate at a lower price, or walk away. Accepting it means that you are willing to pay the price to fix what needs to be fixed in the home. However, you can always opt to negotiate with the seller. In addition, having the home inspected is an advantage for you because you will have a say during the negotiation process. Lastly, you can choose not to accept the deal and just walk away.
What if My Inspector Misses Something Big?
This depends on the contract. Some contracts limit the inspector’s liability to the cost of the inspection. However, most contracts do have errors and omissions insurance. This is why it is important to hire a reputable home inspector to avoid this kind of hassle.
Can Home Inspectors Do Repairs?
No. They can only check what needs to be repaired, some do estimate the cost of the repairs, but inspectors do not do repairs. It can be considered a conflict of interest if they volunteer to make repairs or improvements. Remember that is not their job.
What Is the Qualification of a Good Home Inspector?
Be sure that the inspectors are certified. That is why the first thing that you should be looking for is certification by one or two professional organizations that home inspectors can voluntarily join, like ASHI and InterNACHI. This is the minimum due diligence that you can do as a buyer.
Key Takeaway (Top 10 Questions About Home Inspections).
Now that you have a clearer and better understanding of what’s home inspection all about, you can contact us for inquires whether you got questions or you want to avail of our home inspection services. Thank you for reading the top 10 questions about home inspections. Watch out for more.