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Home Inspections. Are They Worth It??

By
Real Estate Agent with Real Estate TeamMates License 3199996

YES THEY ARE!!!

I recently had a buyer who liked this house that was completely remodeled.  Everything was done with the appropriate permits but some of the permits were still open in the county.  We placed an offer on the property with the usual "Right to Inspect" and the buyer hired a Home Inspector.

The owner needed to close the existing permits and for that he would need to call for all the final inspections.  You really never know if the inspector assigned will do the thorough job that he is suppossed to do or if he will do a thorough job of downing that thick steak dinner the owner can provide him for a quick pass on the finals.

The Home Inspector pointed out numerous improvements that had not been done up to code.  He crawled in a tight crawl space that many would just point a flashlight into.  Noticed some violations in the crawl space and documented each with photographs.

When the inspector arrived to do the final inspections the buyer was present and casually mentioned that his Home Inspector found some code violations.  The inspector asked what they were and then proceeded to perform the required inspection.

It turned out that the local inspector found numerous other violations that existed.  The owner corrected all of the violations expeditiously but not before he had to invest an additional $4000 to $5000 to get the home up to code.

In Miami, you really never know what to expect.  The local Building Department inspector may have been a trye professional and would have cited the violations on his own.  A professional opinion pointing out that some did in fact exist prior to his inspection definitely makes that steak dinner inspection more difficult.

Aside from the code violations, the Home Inspector cited repairs needed that far exceeded the $400 fee that he charged.  Since the purchase agreement stated that the owner had to perform repairs up to 1% of the purchase price, the owner obliged we were able to close promptly.

The $400 inspection fee helped keep the local inspector honest and prompted repairs by the owner of approximately $2000.

Sergio Rebollo Jr.
Miami Short Sale Specialist
Exit Prime Realty
www.SergioRebollo.com

Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland

This is also a HUGE problem in Baltimore City. Even with permits and inspections, overworked City employees miss many major items.

Sep 23, 2008 04:52 AM
Angela Lawrence
Noble Merit, REALTORS® - Winston-Salem, NC
Broker/Owner
Just to show home inspections are highly recommended even on new construction.
Sep 23, 2008 04:54 AM
Amy Salisbury
Leading Edge Properties - Charles Town, WV
West Virginia Realtor/Jefferson/Berkeley

I always encourage a professional home inspection to my buyers.  We've had mundane issues found and huge issues found, but have never lost a deal over a home inspection.

Sep 23, 2008 04:58 AM
John Lerch
Master Home Inspections - Johnson City, TN

Not every day is good day for inspectors. This was a good day for this inspector. He worked hard to provide a comprehensive inspection, delivered a detailed accurate report, checked open permits; trust me it's a lot of work for a couple of hundred bucks. The real pay off comes from clients that pay attention and value the information, this is why we keep inspecting.

We appreciate your comment!

Sep 23, 2008 05:00 AM
Eric Van De Ven
Magnum Inspections Inc - Palm City, FL

There is no question that a home inspection performed by a qualified, experienced inspector is "worth it". In almost 20 years of inspecting, I have only had the repair estimates be less than the fee twice.

The county/city inspector doesn't have the time to do his job properly. If you are a home buyer, don't think that just because permits were pulled and the work inspected, the work is correct. Here are some examples: Roofs that passed inspection.

Sep 23, 2008 05:01 AM
Linda DeRusha
Coldwell Banker Advantage - Garner, NC
Broker/Realtor, ABR,ASP,CDPE

I always encourage my buyers in Clayton NC to get a home inspection. It is very important to spend a few dollars up front and not wind up being the owner of a home with a big list of repairs to be done.

thanx a bunch from linda w derusha,accredited buyers agent in johnston county nc

Sep 23, 2008 05:07 AM
Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

Ellie, Brad and Angela, Amy, John, Eric and Linda

Thanks for commenting.  Some inspectors and some realtors.  Everyone had positive comments about home inspections. 

Sep 29, 2008 10:08 AM
Debbie Malone
Londeree's Real Estate & Property Management - Lynchburg, VA
From Lynchburg To The Lake (434) 546-0369

Sergio, I'm glad that every buyer I've represented has had a home inspection. Too many problems are under the surface and we are not trained to see them.

Sep 29, 2008 04:49 PM