If you’re looking to purchase a home, you’ll need to be in the know about home inspections.
A home inspection is a visual inspection of all the house’s components including the structural, electrical, plumbing, roof, heating, cooling, and any other issues or moving parts that are associated with the house.
The home inspector will assess anything that’s accessible, which means no cutting through walls or taking up floors. Anything that they can see and inspect is what they will check into.
Home inspections usually take about two to six hours, depending on how big the house is. If you’re doing extra tests like well, septic, pool, and radon, those will add a little bit of extra time as well. Costs are going to vary depending on the size of your home as well. The longer the inspector is there, the more expensive it’s going to be. There will also be an additional charge for extras like the septic or pool inspections. Most of the time, the inspection company that you hire will charge you for the mechanical and structural inspection of the property, and on top of that, you’ll hire other professionals for a well, septic, pool, or any other kind of additional inspection. So, typically you’re looking at $250 to $500 with the costs of additional inspections added on top of that.
The buyer chooses which home inspector to work with. If a well, septic, or pool inspection needs to be done, the buyer is in charge of hiring someone for that as well.
A home inspector is also going to check around the perimeter to make sure the grading is okay, check the exterior siding, roof, handrails, bricks, make sure none of the mortar is cracked, and everything else they can see.
Also, it’s important to know that your home cannot fail an inspection. Your house could have a list of 300 things to address, but that doesn’t mean it failed. It just means that there are a few more things to take care of.
On the seller’s side, a pre-inspection can be done. Pre-inspections are not as common, but if you think there may be an issue with your home, it’s a good idea to get one. That way you know up front if there are any issues with your home you need to address before putting it on the market. You can also give the buyer a list of receipts for the completed fixes that will really bode well for them.
As a buyer, there is nothing you can do to prepare for a home inspection. The house is the house, so sit back and let the home inspector do their job. As a seller, you should move anything that is going to block the inspector’s access to the components of the house they will be looking at, such as the electrical box.
After the inspection, sellers can kick back and relax. There is nothing more you can do until you get the response from the buyer and the agent. Buyers will put together a list of things they want to address with the seller and hopefully both parties will come to a nice win-win situation.
If you have any other questions about home inspectors or are looking to buy or sell a home, feel free to give me a call or send me an email. I’m more than happy to help.