The In’s And Outs Of Home Inspections
Whether you are the buyer or seller in a real estate transaction, the home inspection is a very important part of the process. While the inspection is designed to protect the buyer of the sale and alert them of damage to the home, a poor result from the inspection can open the door to renegotiation. In today’s blog post we are going to be discussing what a home inspection is and all the ins and outs of the process. Let’s dive in:
A home inspection is a ‘non-invasive’ examination of the property and a crucial part of the home buying process. A licensed home inspector will come to the property and review the home for structural, mechanical and/or electrical defects. The process is designed to give the buyer a more comprehensive overview of the house they are purchasing and ensure there are minimal surprises when they move in.
The home inspection process is not required by law, but it is definitely worth the money. It acts as a protection of the investment the buyer is making, while also giving them peace of mind that the integrity and condition of the home is in good repair. The inspection will typically take place a short time after the offer is accepted by the seller.
During the process, the inspector of the home will look for any issues having to do with the home’s electrical system, heating/cooling system, plumbing, windows, doors, foundation, roof and more. If you are the seller and are looking to prepare for a home inspection, there are a few things you can do. First, you need to ensure that all your paperwork is in order and begin addressing repairs that you know will be red flags to the inspector and need attention right away. Second, about a week before the inspection is scheduled, begin removing any clutter or items that could interfere with the inspection. Lastly, ensure your home is clean and everyone is out of your home on the day of the inspection.
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