Home inspections exist because the short amount of time we have to tour a home is simply not enough to make an educated buying decision. At an open house, you’re getting a feel for the property, then put in your offer and it gets accepted. The next step is to take a deeper look at the details before signing on the dotted line.
See what you qualify for. No-impact credit check. No commitment.
While inspections are completely optional, we’re going to always be on team “have the inspection.” When compared to the financial commitment you’re making by purchasing the property, a few hours and a few hundred dollars for the peace of mind are priceless. This process can uncover major issues with the home only identifiable by someone with a trained eye. Thanks for listening to our Ted Talk, now let’s go over what you need to know before inspection day arrives.
What it is.
A home inspection is a thorough review of the property conducted by a licensed inspector—the results of which will be documented in the inspection report. During this on-site appointment, your inspector will look at the structure, electrical systems, plumbing, HVAC, and even appliances to determine their current condition and identify any potential issues. The home inspector will also provide recommendations for repairs or upgrades if necessary.
What it isn’t.
It should be noted, the difference between an INSPECTION and an APPRAISAL. An appraisal is performed by your lender to attach a market-value amount to your home. But, an inspection is initiated by you, for the the purpose of better understanding the property you’re investing in. They’re both assessing the property, but for completely different reasons.
An inspection is also not all-encompassing. You’re getting an overall look at the property from a person who knows a lot about a lot of things, but may not know everything about everything. (Think of them as general practitioners, not specialists.) They’re also limited by time, which is usually only a few hours to look at everything. So, there may still be things missed, or identified but need a deeper dive by a specialist. Your home inspection may be where you start, but not where you finish.
It covers a wide range of areas within a property, including both the interior and exterior of the home. Your inspector will evaluate the following: