Getting a home inspection is a crucial part of the home buying and selling process. However, many people don’t know everything about home inspections, and some people even think that skipping it all together is okay!
We get asked a lot of questions with every inspection that we do, so we have put together a list of our most frequently asked questions!
What is a Home Inspection?
A home inspection is a visual examination of the structure and major interior systems of a home, and is non-invasive.
If you choose not to get an inspection, you could buy a home with a lot of hidden problems that can be unsafe and very costly.
Here is a list of the major things home inspectors look at:
Why is a Home Inspection Important?
Getting a home inspection is important because it is for you – as the buyer – to gain perspective on the condition of the home that you are considering purchasing.
If you choose not to get a home inspection, there is a high possibility that you can end up with a home that has a lot of hidden defects. These defects can be hazardous to health and safety, and they can also be very costly to fix.
Even if the home inspection finds that the house doesn’t have any major problems, you will still have peace of mind, at a fraction of the cost of buying a home that is filled with hidden issues.
Inspection findings can also be used as a negotiation tactic to get a lower sale price on a home.
How Much Does a Home Inspection Cost?
Most home inspections range in price from about 200 to 500 dollars, depending on various factors that can influence the price.
Homes that need additional services such as mold or water testing will also have higher inspection costs.
Variables that will affect the cost include:
- Location/region/travel time
- Size of the home
- Age of the home
- Local real estate market health
- Amount of other inspectors in the area and how busy they are
- Additional services such as mold inspections or radon testing
Do I Need to be Present for the Home Inspection?
If you are the buyer of a home and having a home inspection done, then yes, it is recommended that you are there for the inspection.
This is because the inspector will want to point out things that they find in the home, whether they are a defect or not, and this is a great time for you to learn about the home. It is also a great time to ask any questions that you have about the house.
If you are the homeowner and a potential buyer is having a home inspection done, it is recommended that you are not present during the inspection.
Out of respect for the buyer and the inspector, making sure that you are not around during the inspection is a good idea. The buyer will want to ask questions & the inspector will want to point out potential findings without worrying about hurting your feelings or sabotaging the sale of your home.
How Long Does a Home Inspection Take?
There is no specific time frame when it comes to the amount of time it takes to inspect a home, however in general the process usually takes about two to three hours.
Factors that will influence the time it will take include:
- Size of the home
- Age of the property
- Total systems to be inspected (HVAC, electrical, water heaters, pools, multiple kitchens, etc.)
- Accessibility to areas that need to be inspected
- Weather conditions
- State requirements
- Time spent answering clients’ questions during the inspection
- One or more inspectors on site
- Additional services (radon test, mold test, water test, etc)
A home inspection isn’t something that you want to be quick, because you want the inspector to take their time in order to fully assess the home.
An inspection is an important step in the home buying process and is only to benefit you in your decision to buy a home or not!