Find answers to common questions.
The short answer is yes. Buying a new home is an expensive investment, possibly the largest one you'll ever make. A home inspection brings more clarity to what it is that you're buying and will help to mitigate the risk involved in such a purchase.
There are many potential problems that could either go unnoticed, or could lead to bigger problems, that a home inspector is trained to uncover.
I very strongly advise against attempting to perform the property inspection yourself, for a number of reasons. Even if you do have a lot of experience with the systems of a home, it is still advised to hire a professional home inspector.
It would be a good idea to have a home inspector in mind prior to signing the contract, but a home inspector is contacted immediately after the contract or purchase agreement has been signed. Before you sign, make sure there is a inspection clause in the purchase of sale contract. This would make your final purchase obligation contingent on the findings of the home inspection report.
A home inspection generally takes between 2-3 hours depending on the size of the home and its condition.
While it is not required for you to be there for the home inspection, it is highly recommended to attend if possible. You will be able to walk through the home with the inspector while asking questions and becoming educated on your future investment and how to maintain it.
You're more likely to have a quick sale if the house has already been properly inspected. You can opt to provide potential buyers with a copy of the inspection report, or you can address any issues before listing the house for sale.
Major problems discovered during a home inspection may result in serious transaction delays. If you know about these problems ahead of time, you'll be in a better position for a smooth transaction.
No. A professional home inspection is an examination of the current condition of the home on the day of inspection. It is not an appraisal, which is used to determine the market value of the home. It is not a municipal inspection, which verifies local code compliance. A home inspector, therefore, does not pass or fail a home but rather describes its physical condition and reports on which systems and components may need major repair or replacement.
No house is perfect. If the inspector identifies problems with the home it doesn't mean you should or shouldn't buy the home, only that you know in advance the condition of the home. If you must adhere to a certain budget or if you are not in a position where you want to take on future repairs, then this information will be important to you. If major issues are found, the seller may agree to make repairs.
Yes. Now you can complete your home purchase with peace of mind and confidence. You will have been educated on your future home and how to maintain it. You will also have the written report for future reference.