Ins and Outs of HOME INSPECTIONS BY PAMELA BABCOCK
H
ome inspections focus on structural and mechanical systems, including heating and airconditioning, plumbing, the roof, foundation and more. While home inspections are optional, paying for a neutral assessment is an important part of buying a home. Mark Panetti, owner of Summit Professional Home Inspections in Marlton, has been inspecting homes since 2001. “I really like what I do,” said Panetti, who works primarily in Burlington and Camden counties. “I enjoy working with first-time buyers, and all buyers, by letting them know the condition of their home. I’m not just there to give them the bad news, I’m there to report all of the news—good and bad.” Most Realtors® and inspectors encourage potential buyers to attend the inspection. A few days after it’s complete, the 20 | NEW JERSEY REALTOR® | July/August 2022
inspector will produce a report with recommendations for home elements that should be repaired or replaced. It’s the buyer’s responsibility to hire and pay for a home inspector. Becoming a licensed home inspector in New Jersey requires completing an approved course of study of 180 hours, which includes at least 40 hours of unpaid fieldbased training inspections under the supervision of a licensed home inspector. The applicant must then pass the national home inspector examination and carry errors and omissions insurance in the minimum of $500,000 per occurrence. Aside from the standard inspection, buyers can also contract with others professionals to inspect for mold, termites and radon, as well do sweeps for underground fuel oil tanks. Well water, septic systems and stucco facades can also be tested. Meanwhile, some buyers opt for a sewer
