Well, now that you are ready to stretch the big news, there is some seriousness that you should consider before going through the final phase. The property inspections, yup, this is the step that every homeowner is supposed to take seriously. You show any passiveness, and you would end up signing a wrong deal that comes as a curse in the form of the so-called new residential.
Hence we have brought you some factors that you should know about as being a buyer. Also, you would get to know what things you should look for during the inspection.
Let’s get started-
A). Things A Buyer Should Be Enlightened About
1. Inspections Are Optional Yet Mandatory
A buyer needs to know this fact that performing a home inspection is not mandatory every time. However, as a formality, you can have it before owning the home. A home inspection would give you an idea on the overall situation of the home-to-be.
When it is about condos, then you don’t have to follow up the inspection as the condo association handles it all. Otherwise, it is always wise to spend a bit on the investigation and be sure if you should make the deal or not. Make sure you have the clause included in the contract that says ‘you can cancel the deal in case the property does not seem satisfactory after the inspection.’
2. Buyer Should Hire the Property Inspector
This is another thing where most home buyers make a blunder. You can expect the seller to make a home inspection for you as it seems the budget-friendly option and you skip frittering those extra dollars.
However, if you observe, you find that hiring an inspector yourself ensures you quality and worthiness of the expenditure. On the other hand, inspections done by the buyer’s side does not always end up satisfactory. Also, there won’t be any point of dishonesty when you hire the inspection services.
3. Check the Qualification and Experience
A buyer should always show patience during the inspection phase, and the same applies when you choose an inspector. There are hundreds of home inspection services you would find out and choosing one of them does take time.
No matter what, you should always focus on two aspects: the qualification and the experience of the professional. Meet them personally and interview all of them you noted down. See what the past clients say and consider only honest opinions. See if the inspector meets the standards as per the state or the country before proceeding further.
4. Things That a Home Inspection Covers
Many of you may live a misconception that a home inspection covers every single thing about your home. Well, it is not the case, and there are always some exceptions. There are specific aspects that professional checks for and some of these are:
- Foundation and basement
- Plumbing systems
- Electrical systems
- Heating and cooling systems
- Windows, doors, and frames
- Floors, walls, and ceilings
- The attic and any visible insulation
Also, in the interview phase, you can ask the inspector for the sides they cover and see if it matches with your expectations.
5. Things That an Inspection Does Not Cover
Similarly, there are some factors that a home inspection does not cover. And those who want an in-depth analysis of the home should consider an inspection specialist that checks the particular depths you ask for. Here are some of the things a home inspector skips:
- Roof or chimney repairs
- Septic tanks
- Inside the walls
- Any additional structures
Don’t worry you can have every single spot inspected and all you need to do is hire the inspector for the particular places. Have a written contract about the sites an inspector would have a check on.
6. Attend the Inspection Along
Whether you have heard it or not, a buyer can and should always attend the home inspection. Take it as an opportunity where you would get to know the roots of your home or where the building actually lacks. You can also share your point of view and remember to maintain your cool. Respect the time of the inspector and be punctual. You can also note down the tips your inspector offers on the maintenance; ask queries if you have to. Don’t worry if the inspector does not check the depths; you can always have a second inspection separately.
7. Don’t Forget To Ask For the Report
Most home inspectors provide the reports that say where and which repairs the home needs. In case, your inspector does not provide the report himself, you can always ask for one. A report stays as the written version of the areas that need repairs. You can also ask the inspector to email you the reports, or it is good to have two hard copies, just in case.
Make sure the report is understandable enough, and if not, clear out the technical terms or whatever queries you face with the inspector. Listen to his suggestions and get to know how the repair work should go further.
8. Let’s Negotiate on the Pricing
Once you have the report in hands, it is time to make negotiations. If you encounter that the home needs some major repairs and if you are ready to pay the amount you can have the repairs all by yourself. Else, it is a good idea to ask the seller and negotiate the overall pricing of the home or contribute half of the amount the repairs charge.
In some cases, it is possible that sellers pay the full cost for the repairs and you can make sure he chooses the quality material for the same. You can also end up with a contract that says all these terms; take the further step once you both agree.
9. Decide If You Want to Continue or Walk Away
Many times, going on with the deal becomes a question mark as you get to know that the exteriors only hold the beauty and not the interiors. You may find some terrible amount of repairing is needed because the building has some serious maintenance issues. In this case, either you ask the seller to decrease the price significantly or walk away to explore other options.
Luckily, buyers often win these situations as they come up to the seller with a written report that says it all. Always come with an ideal conclusion that does not make you drowning with your new home.
B). Have A Look at These Aspects during the Inspection
Just like you show some gravity while looking for a home inspector, the inspection phase also needs your focus. Here are the things that an inspection must include, and if it does not, it is not the ideal one.
Let’s get to know these too-
A home’s Heating, Ventilation, and Air conditioning system must be checked as it is the primary element that maintains the air quality in homes and keeps your health up to the level. Hence, make sure your inspector checks in for the HVAC system and suggests improvements if any. You would get to know if the parts need repair or if not then how long would it serve you. Make sure it supplies both warm and cool air so you can live comfortably as per the climate.
Roof and Chimney
It is another big trouble that most homes encounter. The roofs often give birth to mold and similar issues that need to be eliminated from the root. Find out if the issues with the roof can be permanently solved or if it is a moisture retaining base that just does not get better.
Similarly, chimneys should be checked out for proper working. A chimney stays responsible for carrying the smoke and gases out in the air and hence keeps the air clean inside. Have a look at its operation if it acts like an HVAC system for your kitchen or not.
Water Drainage and Disbursement
Malfunctioning water drainage is always responsible for retaining moisture in the basement and hence weakens the foundation of the home. As a result, you should always have the inspector to check the water drainage and disbursement as well to make sure if it is flowing in the right direction. See how much harm the drainage has made to the home if the disbursement is already faulty.
Attending your inspector during the home inspection would give you a visual presentation of the disbursement system and how defective it is. If any tubes or pipes remain functioning in the wrong direction, then make sure the inspector checks out for the total damage. Fungus or mold grows out where the moisture retains and hence it is always wise to have your home checked for the same.
Have a test on the electricity system and see if all the wires and tubes are in working condition. Make sure there is no chance of electric shock and having everything grounded would be even better. Moreover, if you are buying a homemade during the 30s, chances are you are going to see the K&T system or the knob and tube; the mechanism remains ungrounded, and there are high chances of getting a shock. In most of the cases, the inspector suggests having the replacement for the wiring to avoid any hassle in the future, so follow up with the same.
Flooring also holds significance, and so it should not be ignored. Hire an inspector that facilitates checking of the flooring for the entire home. Often poorly maintained homes have issues such as molds growing out or the infestation of termites. In all the cases, the flooring suffers, and if not inspected how you are going to treat it. That is why make sure you also go through the flooring inspection. Ants’ infestation should not be ignored as it contributes to further damage to your walls and ground.
Presence of Any Lethal Gas
Gases like Radon are common in most of the states in the USA, and hence it is great to ask the inspector if he checks for the presence of any gases. There can be other radioactive materials found in the home; you should always ensure if the air is clean and if the basement does not possess any harmful gas. Even if an inspector does not check for radon, hiring a team separately would always worth your money as there is nothing more important than the safety of your loved ones.
Asbestos is a mineral that was used during the 80s to keep the homes from catching fire as it resists blaze. The insulation system can be made up of asbestos and if you find any during the inspection, do not forget to take it off by calling the experts. The fibers of asbestos can be inhaled very easily and get collected in your lungs that in the long run produce cancer like contaminations. Also, let the professional check your shingles if these are made of asbestos and throw it away from your living space.
Things to Avoid During the Inspection
Going the Cheapest Way
The first thing you should completely avoid to make all the things right is hiring a cheap home inspection firm. Several new firms offer inspections at low prices that often seem too good to be true. A review can be affordable but not too cheap, and if it is as compared to other firms, it is better to stay away.
Also, having a discussion would clear your mind if you should make a deal with them or not. Ask what kind of technologies or equipment they use and how do they use each one. See how clear they are with all the technical terms and the gadgets of the home inspection.
Getting Too Much Involved
It is advised to get along with the inspector during the process and make rounds. However, do not overdo it and let the inspector handle things as he does. You do not need to ask a long list of questions and make sure you do not create any hurdle. Also, interference beyond the limit creates the disturbance and makes things frustrating for the analyzer.
Not Hiring Professionals for the Repairs
Once you have the reports in your hands and understand all the terms, you should always hire professionals for the repair work. This holds equal importance as hiring a quality home inspector. Cheap laborers are not going to mend what is broken and need maintenance. To ease the process, you can opt for the professional firms that provide all in one solution for the home repairs.
The excitement of being a homeowner often underestimates property inspections. We often forget how much flaws can be detected that needs maintenance to make the residential a home. Also, many deals get closed after an inspection when you find out the significant blunders. That is why, never miss a home inspection and make sure the contract says everything before you finalize your inspector.