Home Inspection Tips
Home Inspection Tips (Charlotte, NC)-Having difficulty trying to decide whether or not you should get a Home Inspection on that home of your dreams? We believe that when you make the decision to take the plunge you should hire a professional for this process. A Realtor can be of tremendous benefit to you in your effort to save time and money. But that’s not the only professional you should hire, we also believe that for a reasonably priced home inspection, you can save yourself thousands of dollars in repairs. Here are a list of common questions and concerns.
FAQ Home Inspection
Why should I get a home inspection?
A new home purchase can be the biggest investment you ever make. And with that being said, why not try to minimize your risk and get an up close and personal on what you are buying? A home inspection is a limited, non-invasive examination of the condition of a home, townhome, or condominium, often in connection with the sale of said property. The inspection report should clearly identify the components and systems of the property observed by the inspector. Many inspectors will include photos and these reports can be up to 50 pages of information Home inspections are usually conducted by a licensed home inspector who has the training and certifications to perform such inspections. A home inspection by design gives a potential homebuyer an opportunity to better understand the condition of the property and to make decisions based on this information.
How much does a home inspection cost?
A typical home inspection can cost anywhere from $300-$600. There are a number of factors that dictate the cost of service. A few of the factors include the following:
Total square feet of the home
Age of the home
Crawlspace vs. Slab (typically a crawlspace will be more than a slab)
Swimming Pool Inspection
What is included in a home inspection?
Interior (including walls, ceilings, floors, windows, doors, and stairs
Exterior (including siding, soffit, porches, balconies, walkways, and driveways)
Roofing (includes Shingles, Flashing, Chimney, Skylights and Chimney)
Insulation and Ventilation
Plumbing systems (including pipes, drains, water heating equipment and sump pumps)
The nature of the inspection can vary, however an Inspection Agreement should
What does a Home Inspector do?
An Inspector should provide customers with a detailed, unbiased evaluation of the house, townhome or condo from the foundation to the roof. It is very easy for you, the buyer, to overlook a potentially expensive problem during the excitement of buying and making plans to move in. With that being said, you should hire a qualified inspector to evaluate the structure, electrical and mechanical systems. Items that need replacement or repair will be noted. The estimated life of mechanical systems will not be advised, nor the estimated average replacement cost, however you want to be informed of whether or not these things are functioning as intended at the time of purchase. A qualified home inspector can provide you with these details.
Are a Home Inspection and an Appraisal the Same Thing?
No, a home inspection evaluates the condition of the structure and systems within that structure. An appraisal determines the fair market value of the structure based on size, location, and recent sales of like structures in a geographical area.
Should I Accompany the Inspector during the Inspection Process?
A Professional Inspector should encourage customers to accompany them throughout the inspection. Of course, you may not choose to go through the attic or enter the crawl space under the house. Accompanying the inspector provides a great opportunity to address questions. It also affords an Inspector the opportunity to cover items not in the report. It may be best to allow the home inspector to perform the inspection and then at the end to go over the details which may make the report easier to understand. Although an Inspector may encourage the Buyer to be present, it is imperative that he/she has the opportunity to do a thorough job with little to no distraction.
What if I am not pleased with the home based on the Report Findings?
The purpose of a Home Inspection Report is to inform you of the overall condition of the home. As a Buyer, how you choose to use this information is your prerogative. If you are unsatisfied with the details of the report, this allows you to make an informed decision. You may want to use the report to address what needs repair or replacement before closing. A report may be the reason why someone chooses to walk away from the deal altogether. A Buyer may take the information from the report and use it as a bargaining tool. If you are pleased with the report it may give you the peace of mind you need to move forward. You may want to consult with your Realtor about what the report contains, but keep in mind it’s your money and your decision. It’s up to you what you choose to do with the information.
How Long Does an Inspection Take?
Just like cost, the time it takes to do a Home Inspection is based on factors such as size and age. Obviously a larger home will take longer but with an older home the inspection requires a bit more knowledge and may take more time as well. A crawl space will take a bit longer than a slab foundation. A radon test will require setting up equipment and often calls for the Inspector to return in approximately 48 hours. On average, a home inspection can be anywhere from 2-4 hours.
Hopefully this article has been informative and helpful. Keep in mind that a home is usually the biggest investment people will make in their lifetime. As with any investment, you are better served to do your homework and fully understand what you are buying. Take your time and make sure you have a clear understanding of what is involved in the home buying process. Educate yourself and be sure to hire a professional. Using a Realtor and a Home Inspector can definitely save you time and money. Good Luck!
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