ASK YOUR INSPECTOR
What is a seller inspection?
The process of listing your home for sale can be quite stressful considering the decision that must be made to ensure the property is marketable. Buyers demand “move in ready” properties. As a seller you may be focused on curb appeal, fresh paint, upgrades, etc — all essentials you may be aware of as pointed out by your agent. But what about those problems that you are not aware of that can delay a sale, drive down the price or even have a potential buyer walk away.
Wouldn’t it be prudent to have the facts before hand when approached by a buyer claiming they like the house but there are just too many problems or potential problems that may incur additional cost? Seller Home Inspections identify problems with the home and provide a well documented strategy for either correcting the problems or having knowledge of the cost associated with repairs that can be essential with negotiating a selling price. Knowledge is power and a key element when negotiating. Know the facts and be prepared.
What is a buyer inspection?
Have you heard the term “buyer beware” or “sold as is where is”? Real estate is a substantial investment on your part and an unexpected expense after closing on the property can be devastating. Unless you are purchasing a newly constructed home there are few or no warranties or guarantees with the purchase of an existing home.
Yes, the seller may offer a home warranty program, however, that basically is only covering appliances, air and heating systems, hot water heater for example and is very limited. A professional home inspection provided by a licensed and certified inspector is your best resource for providing a visual evaluation of your future investment and it may be required by your lending institution and insurer. The cost of an inspection is a small price when you consider the value rendered.
What is a warranty inspection?
Are you a new home owner? Did you know your contractor is contractually liable to warranty new construction for up to one year after purchase. Home Warranty post construction inspections (occurring within 12 months of the sale) identify and address costly repairs prior to new home warranty expiration. Better to be safe than sorry.
Do I need to be present for the inspection?
No, but it is highly recommended you or a representative on your behalf be present for the duration of the inspection as there may be questions or concerns that the inspector can address on site.
How long does a typical inspection take?
A typical 2000sqft home on concrete slab normally takes from 2 to 3 hours to inspect.
Must the utilities be turned on for the inspection?
No, but to complete a thorough inspection it is recommended that the electricity, water and gas, if applicable be turned on.
How soon can I expect the results of the inspection?
Depending on the findings of the inspection, the report is usually available to you the same day or within 24 hours and sent electronically for your review to your email address.
When should I schedule a home inspection?
Typically the home inspection should be scheduled upon signing a residential purchase agreement and this may be a precondition of a purchase agreement. Normally, a home inspection can be scheduled and completed within 5 to 7 business days.
What is the cost of an inspection?
Cost associated with a home inspection can be as low as $200.00 and as high as $500.00 or more depending on the age of the property and size of the home. It is recommended to contact an inspector to review the home to be inspected for a firm quote.
What is a 4Four point inspection?
A 4 POINT inspection is a term used to define the major components of a home inspection. They consist of STRUCTURE, ELECTRICAL, PLUMBING AND HVAC (heating and air conditioning).
Do I need a home inspection?
It is recommended considering the investment and your loan provider, insurance company or a relocation company may demand a home inspection. This typically is true for homes with EIFS (Exterior Insulated Finished Surface) cladding commonly known as synthetic stucco as there have been known reports of moisture issues associated with this type of exterior finish.
Is there a warranty or guarantee associated with the home inspection?
An inspection is intended to assist in the evaluation of the overall condition of the building. It is based on visual observation of the building’s condition on the day of the inspection. The results of a home inspection cannot identify latent or concealed details that may exist, or warranty or guarantee any part of the home.
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