Since purchasing a home is probably the biggest investment you will ever make, it is important to have a Home Inspection by a qualified inspector after the offer is accepted and before proceeding with the purchasing process. Even though a home inspection is no guarantee that nothing will go wrong with the home, nor is it a warranty, it will give you piece of mind that the home is likely to be in good condition at the time of purchase.
HELPFUL FACTS ABOUT HOME INSPECTIONS:
- Depending on the square footage of the home, the cost of a Home Inspection usually runs around $200 to $400.
- Inspections usually last around three to four hours, again depending on the size of the home.
- Some inspectors offer mold, radon and/or termite testing at additional costs, or you may need to call in an additional expert to do an analysis in areas where you think there may be a problem.
- Areas of concern most often uncovered during an inspection are: Electrical, Plumbing, Do It Yourself Workmanship or Foundation Issues.
- The Home Inspector should include a written report with pictures and diagrams. It is important that you go over the report with the Inspector pointing out any areas of concern.
If there are areas of concern identified during the inspection, it allows you to go back and ask the Seller to fix the problems or perhaps negotiate a lesser price so you can do the repairs yourself. A Home Inspection may seem like just another expense, but it is a very important part of your New Home Purchase.
If you have questions about buying or selling a home, or more home inspection specifics – please ask!