What Is A Home Inspection?
When making an offer on a home a buyer should usually include a Home Inspection Contingency. This allows the buyer to have a licensed inspector visually inspect the property from top to bottom including all the major systems in the home. The Home Inspector will provide you with a written copy of their findings and may offer advice on the condition of the property. Reports may be around 50 pages and many will include photos to document the findings.
Here are a few highlights of what is included in a home inspection:
• Exterior of the property: such as foundation, siding, soffit, porches, balconies, and walkways
• The Roof: including shingles, flashing and skylights
• Electric System: including service panels, breakers and fuses
• Plumbing System: including pipes, drains, water heating equipment and sump pumps
• Heating and Cooling System: including thermostat, vents, and air flow
• Interior Features: including walls, ceilings, floors, windows, doors, stairs and railings
• Fireplaces: including chimneys and vents
Home Inspectors will only visually inspect a property, so there are things that they may not discover as they cannot put holes in walls or dig up yards. While a typical inspection will not cover sewer and septic, that is a separate inspection contingency with a separate inspector that should be included if a property has those as part of it. Likewise, not all homes need a radon, asbestos, or lead inspection however those can be negotiated as part of the contract if appropriate. If in doubt, ask your agent or inspector.
The results of a home inspection can allow a buyer to request repairs or a seller concession, renegotiate price, or even walk away from the deal without losing their earnest money deposit. A home inspection provides a buyer with security and confidence in purchasing their new home.
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