Purchasing a home is likely one of the most significant investments you’ll make in your life. While finding the perfect property, don’t let your excitement result in forgoing a professional home inspection. This single step can save both first-time and experienced buyers from unexpected repairs and headaches down the line. Below, we’ve outlined home inspection tips, how to find a professional inspector, and more.
Why Is a Home Inspection Important?
Given the significant investment involved in purchasing a home, many prospective buyers wonder whether a professional inspection is worth the cost. The answer is a resounding yes.
Professional home inspections uncover hidden issues that may not be apparent during a casual walkthrough, including major structural problems or expensive repairs. The reports can also provide leverage for negotiating the sale price. In addition, buyers can make informed decisions about repairs, maintenance, and future costs.
For both first-time and experienced homebuyers, the information gained from a professional inspection far outweighs the cost of the service.
What Is Included in a Home Inspection?
A comprehensive home inspection provides a detailed assessment of the structure’s condition and covers various aspects of the property, including:
- Roof and gutters
- Attic
- Fireplace(s)
- Exterior surfaces
- Foundation
- Plumbing
- Electrical system
- HVAC system
- Room interiors
- Basement
- Crawlspace
- Grounds
- Garage
- Environmental contaminants, such as radon, asbestos, mold/mildew, and lead
The graphic below provides a handy inspection checklist for first-time home buyers.
How To Hire a Home Inspector
As with any professional, a reliable home inspector will have the right qualifications. When comparing inspectors, look at licenses, certifications, insurance, reviews, their experience, and any professional membership, such as participation in the American Society of Home Inspectors (ASHI).
Once you’ve chosen a home inspector, read over the contract, paying special attention to any liability limits. Ask that they highlight both short-term and long-term repair needs in the report.
Ask the Right Questions
Asking questions can help you determine which inspector is the best professional for the job.
Look for a minimum of two years of experience.
Avoid commercial inspectors.
Reach out to verify past customers’ feedback.
Two to three hours is typical for most single-family homes.
Inspectors should deliver a report within 24 hours of the inspection.
The report should thoroughly outline both major and minor defects and issues that need attention.
The average cost ranges from $300 to $450, according to Angi. The exact price depends on the home size, location, and inspection type.
Post-Inspection Steps
You should receive the home inspector’s report within 24 hours. Once you’ve read it over, identify any defects that are dealbreakers for you. Major flaws don’t necessarily mean you should walk away. Sometimes, these can provide leverage for price negotiations.
Discuss the results with your real estate agent, and work with them to negotiate responsibility for needed repairs. Many homeowners ask that sellers address minor issues, such as broken fixtures. If any necessary larger repairs are your responsibility after negotiating, you can get contractor estimates to help determine how much to take off your purchase offer.
After closing on the home, make arrangements to quickly complete any repairs.
Home Inspection Tips
To make the most of your home inspection, follow these tips:
- Prepare for the inspection: Make a list of specific questions and concerns you have about the property ahead of time.
- Attend the inspection: Walking through the home with the inspector allows you to ask questions as you think of them and better see what the professional is talking about.
- Take notes: Taking notes and photos as the inspector walks the house will help you review the home’s condition alongside the written report.
- Don’t skip the inspection: Some buyers may want to skip the inspection to save money or win a bidding war. This mistake could end up costing tens of thousands of dollars down the line.
- Read the report thoroughly: If there are any points you’re unsure about, reach out to the professional for clarification.
- Don’t assume all issues are dealbreakers: Some flaws can be the perfect opportunity to negotiate and save money on the home.
- Schedule recommended additional inspections: Some problems, such as plumbing or electrical issues, may require a second inspection with a different professional. You might also need a specialist to check septic systems, wells, or behind walls.
