Is your Uncle Joe the Right Home Inspector?
Buying a home may be the biggest investment you will likely make in your lifetime - and hiring a certified and qualified home inspector will increase the odds that you’ll make a good investment, especially if you are buying an older home .
However, most homeowners spend only about 15 minutes looking at a home before they put in an offer! So say experts in this HGTV video :
In the real estate industry, a home inspection is common practice, although not yet a regulated industry everywhere in Canada. The majority of home purchase contracts will include a home inspection as a condition on the sale - but you must request this condition.
A home inspection involves a visual inspection of the structure and components of a home to search for items that are not performing correctly or items that are unsafe. Inspection should include:
Heating system
Central air conditioning system
Interior plumbing
Electrical systems
Roof
Attic
Overall structual integrity
All visible insulation
Walls, ceilings and floors
Windows and doors
Ceilings
Foundation
Basement
Ventilation
Septic tank or sewer connection
Well and water pump, or water lines
Detached buildings, such as garages and workshops
Driveway
Drainage on the lot
Common areas (in the case of condos)
Appliances
The Inspection as a Tool for Re-negotiation
Be sure to get a written report, with photos, from the home inspector. Review the inspection report with your real estate representative and make a list of items you think should be addressed before the sale of the home.
Even though the inspection is not meant to be a tool for re-negotiations, many times it becomes one. All homes have problems and every problem has a solution. Solutions vary from a simple fix of the problem to adjusting the purchase price.
You may be trying to save yourself $250 to $300 for the cost of an inspection but - to put it in the words of fellow realtor, Brendan Clemmens - does your Uncle Joe really know enough about home inspection??
Helen Padar is a sales representative with Century 21 Miller Real Estate Ltd. in Okaville, Ontario.
Posted by Helen Padar
on May 5, 2010