A home inspection is an important step in the purchasing process. It allows the buyer to know exactly what conditions the house is in and gives them negotiating power. It also allows the seller to fix problems before they become a burden on the new owner. A good home inspector is able to find problems that the untrained eye cannot see.
The typical home inspection takes about two to three hours for single-family homes. Coop and condo inspections take less time since the inspector is only inspecting what affects that individual unit. The inspector will examine the foundation, structural components (walls, ceilings, floors and windows), roof, attic, plumbing, heating, electrical systems and appliances. The inspector will not open walls but will try to access areas that are inaccessible, such as the attic or basement, if it is safe to do so. If the inspector feels that there may be a problem in an area that they can’t access, they will recommend a more specialized inspection for things like Radon, termite damage, asbestos, lead paint or water damage.
While the inspector is looking at these areas, they will be testing outlets and switches, determining what kind of wiring is in place and checking for ground fault circuit interrupters (which can prevent fires caused by overheating). They will also look at the heating and cooling system, check the chimneys and vents, test the septic tank, and evaluate the condition of the driveways, fences, sidewalks and exterior paint or siding.
During the inspection, the inspector will discuss the condition of the house with the buyer and their agent. They will talk about how serious the issue is and what options are available for addressing it. For example, if a major issue is discovered (such as a sagging roof or an outdated kitchen), the buyer could negotiate for the repairs to be made by the seller, or they can choose not to buy the house and move on.
The home inspection report will contain a detailed description of the property and its systems, including an estimate of the cost of any necessary repairs. It will be written by a licensed and insured inspector who follows the Standards of Practice set by the National Association of Home Inspectors (NAHI). The report will describe the condition of the property at the time of the inspection, identify any significant defects or safety hazards, and provide a summary of recommended repairs.
Typically, the home inspection is performed after a buyer has accepted a seller’s offer and before closing. The buyer can ask for the home inspection to be done by a specific date, or they can wait until after they have moved in. Ideally, the buyer should attend the inspection so they can see firsthand what the inspector is reporting. The buyer should also be aware of what issues aren’t covered by the home inspection, such as termite infestations or radon exposure. The real estate agent can help explain these issues to the buyer.