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HOME INSPECTIONS PROTECT HOME BUYERS IN NORTHERN VIRGINIA

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

HOME INSPECTIONS PROTECT HOME BUYERS in NORTHERN VIRGINIA

Homefinders.com believes that the single most important step a home buyer can take as a part of the home purchase process is the home inspection. No one can guarantee the condition of a resale home.  Therefore, the home buyer should understand that"

1.  You, a home buyer, cannot rely on the seller for information about the condition of the home they are offering for sale.

2.  Buyers can protect themselves with a home inspection. 

3.  Some states go farther than others in providing protections for home buyers with required seller Property Condition Disclosure, while other states follow the "caveat emptor" rule which requires that the "buyer beware".   Virginia is a "caveat emptor" state.  Home buyers cannot rely on sellers to disclose property condition. 

PROTECT YOURSELF WITH A HOME INSPECTION

We, as your agent, will do our very best, based on our experience with hundreds of home sold, to make you aware of potential problems with appliances; heating/cooling, interiors, exteriors and things we can see. However, a trained home inspector will not only test the mechanicals and appliances in a house, they will also inspect the structure, materials and condition of the components of a property. Cosmetics are not a part of a home inspection.

A good home inspector will examine the house from top to bottom. Most inspections in Virginia will evaluate the physical condition: structure, construction, and mechanical systems. They will identify items that need to be repaired or replaced. They will also give you an estimate of useful life of the roof, appliances, mechanicals and any other equipment included with the home purchase.

You have negotiated all price, terms and conditions of the home purchase and now you want the home inspected. Good. Let's walk through a home inspection.  At this point, a successful home inspection should be a contingency, meaning that, if the home inspection reveals serious defects, the home buyer can void the contract and be refunded their earnest money deposit.  If the buyer decides to negotiate with the seller for repairs or compensation for defects, that stage requires that the buyer and seller negotiate repairs or agree to void the contract.  So, the home inspection is a very important aspect of buying a home.  A home warranty is not a substitute for a home inspection.  Most home warranty policies do not protect for pre-existing conditions. 

WALK WITH ME THROUGH A TYPICAL HOME INSPECTION

STRUCTURE
The home inspector will look for structural integrity, They will evaluate the quality of construction and materials used.

EXTERIOR
A thorough inspection of the roof should reveal any past or present leaks. The exterior finishing will be inspected for cracked bricks, loose siding, improper grading and anything else suitable for your purchase.

INTERIOR
The interior will be observed for signs of movement. A good home inspector will look for signs of unusual cracking, separating, shifting in the house.

MECHANICALS
The heating and air conditioning will be tested, temperature permitting, and since this is an expensive appliance, the inspector may recommend servicing of the unit if it appears that the present owners have neglected this important duty.

APPLIANCES
All kitchen appliances will be run through their cycle to make sure that they function properly. The refrigerator will be tested for temperature and seals. The range, microwave, disposer will all be run to make sure they know what to do.

PLUMBING
All bathrooms, kitchen, laundry, exterior plumbing will be tested and inspected. This task has become very important since builders have been downgrading building materials for several years to compensate for escalating land costs.

ELECTRICAL
All visible wiring, panel boxes, fixtures, switches, outlets will be tested for operating condition and safety. Often we find home owner repairs will be the most hazardous. If the homeowner did not obtain a permit and have work inspected, it may be defective and dangerous. A good home inspector spends a lot of time looking at electrical components of a house.

WHAT HAPPENS AFTER THE HOME INSPECTION??
If the home inspector finds serious problems such as structural defects, you will have to make a decision as to whether or not to go through with the purchase. If the home inspection shows defects that are repairable or replaceable, your agent will write an addendum requesting the repairs to be made by the seller prior to settlement. The seller may agree, refuse or negotiate a cash settlement to compensate you for the defects found.

You and your agent will decide on the best way to handle any defects found. The important thing is that you are an EMPOWERED HOME BUYER when you know the good AND the not so good about a home.

Your Buyer's Agent may recommend local home inspectors or you can find home inspectors trained and certified by the American Society of Home Inspectors, ASHI.

                                                 Inspect the Home

Copyright 2000 Lenn Harley

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Comments(21)

Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good points Lenn, also I try to impress upon new home buyers the value of an inspection, though they often don't want it because of the 'builders warranty'.

Aug 07, 2009 11:41 PM
Bob Haywood
McGraw Realtors - Owasso, OK
BobHaywood.com

Lenn, excellent post!  I'd like to reblog it over to my public blog, if you don't mind?

Thanks!

Aug 07, 2009 11:46 PM
Bob Haywood
McGraw Realtors - Owasso, OK
BobHaywood.com

Okay, it's reblogged...you might check it to make sure it is okay...

Aug 07, 2009 11:55 PM
Richard Weisser
Richard Weisser Realty - Newnan, GA
Richard Weisser Retired Real Estate Professional

Lenn...

I can't imagine why anyone would make such a huge investment without a thorough inspection of the property. Great public service post.

Aug 08, 2009 12:30 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Lenn great post.  Years ago in NY I was one of the first persons to use a home inspector in the 1970's.  The inspectors were actually 2 engineers that had an article written about their new service in the New York Times.  The cost was $500 and it was the best inspection I've ever seen and it was done on a New York Brownstone.  The estimated cost to repair the home was over 45K.  The cost of the home was 45K.  I decided not to but the home, and slept like a baby.  It was the best money I ever spent!

Aug 08, 2009 02:01 AM
Mark Watterson
Salt Lake City, UT
Utah Real Estate

I strongly recommend home inspections even on new construction.  In fact, yesterday I recommended an inspection on a new townhome. 

Aug 08, 2009 03:00 AM
John Mulkey
TheHousingGuru.com - Waleska, GA
Housing Guru

Lenn - As a former builder I always considered it a compliment when a customer announced that they wouldn't bother with an inspection, but I always advised them to get one, explaining that it helped protect both of us.  Some failed to understand, but most would order an inspection.  Inspections should be considered a necessary part of the home buying process. Great points.

Aug 08, 2009 04:25 AM
Debbie Aldrich
The Watts Group Real Estate - Cottonwood Heights, UT
Salt Lake City Realtor - Salt Lake County, Cottonwood Heights

Absolutely...Inspections are a must as long as you get a good one.  great blog.

Aug 08, 2009 04:29 AM
Alan Gross
PrimeLending, A PlainsCapital Company, Equal Housing Lender - Bethesda, MD
Loan Consultant

And just think a few years ago the market was so tipped to the sellers side they wouldn't take a contract that contained an inspection contingency. I wonder what some of those buyers found after they moved in. Great Advice!

Aug 08, 2009 05:01 AM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Lenn... Michael's comment was comical..  but overall, this is very important and you bring up some excellent points.  Something that I wanted to add and stress... Inspections are even important on New Construction.  Most people would say no or disagree.. and because you have a home warranty.  But I have witnessed personally some horror stories relating to new construction and what happened to the home a year later...  just food for thought. Again, a very good informational blog.

Jeff Belonger

Aug 08, 2009 08:19 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

BRAVO Lenn, I have my clients sign a waiver if they choose not to have a home inspection. I want my client to be informed on the current condition of their purchase!

Aug 08, 2009 08:54 AM
Kate Kate
San Diego, CA

Lenn, that first link to Homefinders.com is broken. I think you have an "h" after the ".com" You can delete this comment. I just  thought you'd find this more quickly compared to an email. :) Kate

Aug 08, 2009 09:06 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Hi Lenn

Outstanding post on home inspections.

Good luck and success.

Lou Ludwig

Aug 08, 2009 10:05 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Michael.  I've never lost a contract pursuant to a home inspection.  I have had agents have contracts voided by the buyers when the inspector cited serious structural problems. However, as I told the agent, the structural failures on that house were so severe and obvious, it should never have been written in the first place.

 

Aug 08, 2009 10:35 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Gabe.  I recommend inspections on new homes too.  This post is devoted to resales because the procedures are different.

Bob H.  Thanks.  I appreciate it.

Richard.  Neither can I.  I've purchased homes without a home spections, but they were purchases "as is" for remodel.  I knew what I was doing.

Jim.  I believe that I did about the first home inspection in Waldorf, years ago.  The listing agent was funny.  She said, how long will this take, about a 1/2 hour???  I had to laugh.  It took 3 hours for a 3 bedroom rambler with no basement.

Mark.  Agreed.  I've had inspections on new homes that produced a 3-4 page punch list.  In fact on my own home it took the builder 3 weeks to clear the inspection report. 

 

 

Aug 08, 2009 10:43 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

John.  Most large builders in this area welcome home inspections.  Some of our "good old boys" builders in the out counties don't. 

Debbie.  HA!  I think they're all good. 

Alan.  We sold a lot of homes during those years but we wrote the contingency so that the buyer could void the contract.  Even if they don't ask for repairs, the buyers needs to get out if a serious defect is found.

I have very good "luck" writing repair addenda, especially if the defects are "material". 

There are ways to get things done.

Aug 08, 2009 10:48 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jeff.  Michael doesn't always understand that I worship the ground home inspectors walk on.  Appraisers too.

As for new homes, the home inspection is advised on new construction.  However, it's different because it's not done with a contingency.  I advise my buyers to have a post settlement inspection prior to the first post settlement walk-through. 

Paul.  Me too.  Our buyers sign a waiver too, but most have the home inspection.  I pay for the home inspection for VA buyers.  They're the ones who usually have no cash.

Aug 08, 2009 10:55 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Kate.  Got it.  Thanks.

Lou.  Thanks. 

Aug 08, 2009 10:56 AM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

A good inspector is well worth the money spent. Some times they find defects that cancel the deal and on other occasions it is just the peace of mind that you have a great property.

Aug 08, 2009 02:37 PM
Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Hi Lenn - Excellent post and excellent advice.  I always strongly urge my clients to get an inspection.  Unfortunately, sometimes they insist that they don't need one - after all, they walked through it and turned on the faucets and everything looks fine!  I do practically insist that all my buyers get a home warranty.  They are so insexpensive, and very valuable, especially for those I could not convince to get an inspection.

Aug 08, 2009 04:21 PM