1 minute read

Home Inspection

Next Article
Get Pre-Approved

Get Pre-Approved

8 HOME INSPECTION

Now that you have an accepted offer, it's time to inspect your future home. There are several inspectors to choose from — your REALTOR ® will always have recommendations for you. The typical fee for a home inspector varies from property type and size, and it is the buyer's responsibility. It is especially important that the home inspection and negotiations are finished by the date stated in the Offer to Purchase. Please keep the date in mind when looking for a home inspector. If you are comfortable delegating this task to your REALTOR ® , they will be happy to make the arrangements.

A standard home inspection is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. An inspection can be likened to a physical exam by a physician; however, it should be clearly understood that a home inspection is not to be confused with an appraisal, a building code inspection, a guarantee of any kind, and/or insurance policy on the condition of the property.

During the inspection, the inspector will review the readily accessible exposed portions of the structure of the home, including the roof, attic, walls, ceilings, floors, windows, doors, basement, and foundation, as well as the heating/air conditioning systems, interior plumbing, and electrical systems for potential problems.

Home inspections are not intended to point out every small problem or any invisible or latent defect in the home. Most minor or cosmetic flaws, for example, should be apparent to the buyer without the aid of a professional.

This article is from: