A Thorough Home Inspection - Getting The Most For Your Money
The information learned in a thorough home inspection can make or break the sale of a home in the real estate markets of today
. With the struggling economy, it is a buyer's market and a potential homeowner needs to keep that in mind when house shopping. Many purchase offers are contingent on the home inspection. It is important not to entirely commit to a house before a proper home inspection has been performed. This is because far too often, the costs of fixing what may be wrong with a property outweigh the advantages of living there.
The wisest course of action is to find a reputable home inspector who will be objective in his observations of the property's condition. These reputable home inspectors will go over your entire house with a fine toothed comb and look for any signs of structural damage and utility damage, such as water, electrical, and even air conditioning. A thorough home inspection will not only give you a better idea of what your house has to offer, but also ensures peace of mind to both you and any potential home buyers.
A home inspection should not be confused with a home appraisal. An appraisal is something that a bank requires before they give final approval for a mortgage. A bank appraiser has the bank's best interest in mind. Their examination can be less thorough than a home inspector's and the homebuyers will likely never see the report. When choosing a home inspector it is vital to find one who comes well recommended and has extensive experience. The longer a home inspector has been in business the more houses they have seen and there is no substitution for hands-on knowledge.
In a home inspection the inspector will be taking a close look at the home from top to bottom. They will examine the condition of the roof, attic, insulation, walls, floors, ceilings, windows, doors, basement (if there is one), foundation and any other structural components. They will also test and evaluate the condition of the electrical, plumbing, heating systems and air conditioning system if one exists and the weather is amicable.
Depending on the size of the home, a home inspection can take three or more hours. The potential homebuyer should be there for the entire inspection so that they can see all the different areas that might need some work and learn how to fix them. A good home inspector will point out everything they found and offer solutions.
by: Rich Roshak
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