When you are buying, home inspection information helps you know what to look for. When selling, it helps you prepare for the sale. Information is power. During both events, you want the power to protect your investment.
For buyers, the Better Business Bureau recommends that you have the home you are about to purchase inspected to prevent unanticipated repairs in the future-for both old and brand new homes. An inspection impacts your buying decision and the price you are willing to pay.
When selling, a home inspection before you put your property on the market gives you the information of what needs to be fixed. With that knowledge, you can then decide what you are willing to invest in and what repairs you want to hand over to the buyer. A pre-inspection empowers you during the sales process, reduces contingencies, and minimizes closing delays due to repairs. Pre-inspection can also prevent failure-to-disclose lawsuits. Nowadays, ignorance is rarely accepted as a viable argument.
The home inspection process involves visual and system checks of the home to insure it is structurally sound and in good condition. It should be conducted in day light.
"Normal operating controls" need to be functioning. Which means that the gas, electricity, and water are on, pilot lights lit. The typical inspection lasts 2-3 hours and the cost averages from $300-$500.
What do they inspect?
While it may seem like everything, inspectors most frequently check the roof, attic, insulation, walls, ceilings, floors, basements, foundations, windows, systems for air conditioning and heating, plumbing, electrical systems and appliances.
What can you share about inspectors that you have used?
Has an inspector helped you sell a home?
Has an inspector hindered the sell of a home?
Good reminder on home inspections for buyers and sellers. This should be a must for all transactions.