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What is a Home Inspection?

By
Real Estate Agent with Community Association Manager

A home inspection is a visual inspection by a Certified Inspector pertaining to the physical condition of the home you wish to purchase.  It covers the home's structure, construction and mechanical systems.  This normally includes:

  • The roof and its components
  • The exterior of the home.
  • The foundation and its structure.
  • The heating and cooling systems.
  • The electrical service panels and wiring.
  • The interior structure of the home.
  • The attic and all its components as well.

Sometimes I hear the question "Doesn't an appraisor do this when they appraise the home?".  An appraisor is there to do a detailed appraisal of the home's value.  (Appraisals will probably be another blog in the future.)

These are some of the advantages of a home inspection:

  • More detailed information than an appraisal.
  • Impartial, physical evaluation of the overall condition of the home.
  • Identification of items that need to be repaired or replaced.
  • Opportunity to be an informed buyer.
  • Better understanding of the property to protect your biggest investment.

Most Realtors will write an inspection clause when negotiating to purchase a home.  This gives the buyer an option to opt out if major problems are detected as well as negotiating power to address necessary repairs.  I know a number of qualified inspectors in the Indianapolis area who can help when the time comes.  If you would like to know more about inspections or receive a recommendation please visit my site at http://www.cyndisloop4indyhomes.com/ to contact me.

 

 

 

Comments (2)

Scott Gormley
Oak Valley Mortgage-California Home Loans and Refinancing - Chico, CA

I hire the skinny ones when I'm buying and the heavy set ones when I'm selling...lol

Scott

Oct 27, 2006 04:21 AM
Shawn Martin
Crosby Inspections - Vancouver, WA

An appraiser determines the value of a home.  A home inspector determines the condition of the home.

 

Shawn Martin

Martin Home Inspection Services

www.martininspect.com

 
Oct 27, 2006 04:32 AM