Home Inspections

By
Real Estate Broker/Owner with Real Estate Partners, LLC B 21410

Home Inspections are a vital part of the home buying process. The home inspector must be licensed. If your purchase is new construction, the inspector must have an "NH" designation, as well. There is an organization, "ASHI", the American Society of Home Inspectors, which is a good designation to have. Remember , the inspection is an educated opinion on the home, it's structural stability, general condition and functionality. Each item on the report is not a "Have to fix", however, many of them are important, especially if it involves safety. Some things just need to be monitored. Others can signal something really serious if not addressed now. If you're buying a new home, then you will expect anything , within reason, to be addressed. However, if you're buying an older home and /or paying lower than market value, that is not the case. You can't make an older home new. Also, inspectors will report things that are now building code. It may not have been building code when the home was built. If this is the case, you simply have to decide what is important to you. If you're doing a FHA or VA loan, the appraiser will require certain things to be fixed in order to get the loan ex: peeling paint rotten wood. This is not the same thing as a home inspection, but they do have certain requirements. In other words, the buyer can't say "I'll fix that when I move in so I can get a better deal" Some things work like that,others don't. It all depends upon your appraiser. Ask your Realtor for advice when choosing a Home Inspector. Realtors know the thorough ones and the not-so thorough ones. It's just like any other business, not all are on the same level.

Posted by

The Judy Wahba Team at Real Estate Partners, LLC

Judy Wahba - Broker/Owner

Steve Houck - REALTOR-Partner
"The Judy Wahba Team"
Real Estate Partners, LLC

Business: 601-942-2683
Fax: 601-956-7618
E-mail: steve@stevehouck.com

Judy Wahba's QR Code

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Hi there,

Thank you for sharing this helpful information in your area.

 

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