People scour consumer reports before buying a home computer. They test drive a car before making a decision.
Yet when it comes to buying a house, prospective buyers routinely fail to get a home inspection report before closing the deal.
A house – unless you’re Bill Gates – is the greatest purchase, the greatest investment you’ll ever make. Unfortunately, it’s the one people spend too little time on before making.
There are very few protections on a home once you sign that contract. Once you close, it’s yours.
What you have to do with such an extraordinary investment is make sure that what you’re buying is what you think you’re buying.
For the first-time buyer, a home inspection, which takes a few hours to complete, can be “a very educational process”. The home inspection Trenton looks at a lot of things that it’s great for the first-time buyer to see.
You’re not getting your money’s worth if you just go through the report later. Because the inspector can’t write down every little thing as he goes through the house, or else the report would be 100 pages long.
In addition to its educational value, an inspection report can be an advantage during the negotiating process.
You want to make sure the house is in sound condition. If it’s not, that should be a part of the bargaining. Before you sign a contract, you should have an inspection done. If the house needs a new roof or a new heating system, those are things that you should consider in your offer.
Other areas a home inspector checks into include the foundation, insulation, electrical wiring, plumbing and cooling system.
It should be very readable. You should go over it personally with the inspector so that you understand. And because time is usually a factor, the report should also be delivered in prompt fashion.
In addition to listing any problems detected, a thorough inspection report shouldn’t overlook the positive points.
It’s not merely listing any deficiencies. A good report should tell you if the furnace has been taken care of.
Some companies specialize in certain areas of inspection; others offer whole-house inspections.
Home buyers should be careful when choosing a home inspector. Make sure they’re properly credentialed, qualified and experienced.
Still, even the most skilled and experienced inspector may miss something. An inspection report is “not a warranty”. It’s our best estimate of what’s going on in the house. Maybe they don’t get everything. But they can see tell-tale signs of problems.
To be sure that a home inspector is ethical and professional, find out beforehand that an inspector will not offer to do repairs on the inspected property and that the firm has no financial interest in the transaction, or in the real estate agent’s commission.
Expect a written report that describes the condition of the home at the time of the inspection, based upon visual observation and to provide an indication of the need for major repairs.
Don’t expect an inspector’s report to serve as a guarantee that the home’s components won’t ever fail or need repair at some point in the future.