Not all homeowners have the opportunity to purchase their property from sellers or developers with the best intentions. This makes home inspections and warranties essential steps in the home-buying process. While both are critical, they serve distinct purposes. A home inspection typically assesses the condition of major components such as the HVAC system, plumbing, roofing, and window and door insulation, but it generally excludes appliances like refrigerators and dishwashers. Conversely, home warranties cover appliances but do not address structural issues affecting the home’s functionality. Skipping these steps can lead to costly repairs down the line, as issues a certified inspector could catch or a basic warranty might cover may otherwise go unnoticed.
Is a home inspection necessary?
Home Inspection Report For Home Inspections and Warranties
Buying a house “as is” can be a risky decision. Major repairs for critical systems like roofing, plumbing, and electrical can cost thousands of dollars. These essential and complex systems are often expensive to fix, making a thorough inspection crucial.
What is a home inspection?
A home inspection involves a professional inspector examining the property for defects or issues that could cause future problems for the owner. These inspectors are often contractors or engineers who typically work on behalf of the buyer. The inspection usually occurs after the buyer and seller sign a purchase agreement.
Who should I hire to inspect my home?
Home Inspections and Warranties are crucial parts of the home-buying process. While your real estate agent can be a helpful resource, it’s often wise to select an inspector independently of the agent. You can find inspectors through directories like the Yellow Pages or by asking friends for recommendations. Be sure to verify their credentials, such as an engineering or contractor license, and check their references to ensure reliability.
Where can I find a home inspector?
Dian Hymer, author of Buying and Selling a Home: A Complete Guide (Chronicle Books, San Francisco, 1994), recommends choosing a home inspector with verifiable credentials. She advises, “Ideally, the inspector should be a contractor, engineer, or architect. Whenever possible, hire an inspector who is a member of a recognized industry trade group.”
The American Society of Home Inspectors (ASHI) has established official inspection standards and a code of ethics for its members. ASHI membership isn’t automatic; it requires technical expertise in building structures as well as knowledge of the systems and appliances within them. To find an inspector, consider checking the phone directory, a real estate firm, or a local Realtor association. Inspection costs vary widely, with the average being around $400, though expenses can increase depending on the inspection’s scope.