When you need a home inspection, you want to make sure you get a good one here in the South Alabama area. First, you need to know what a good home inspection is. Then you need to know how to find a home inspector who can, and will, give you the home inspection that serves you well. And last, you want to know how much you should pay for this quality home inspection by a good home inspector.
The Top Six Myths About Home Inspections
Not all home buyers end up closing on the home that they put an offer on. Things happen and deals do fall through. This happens for several reasons. The top reasons are financial approval fell through, the seller and buyer got along poorly, the sellers decided not to sell the home, and the condition of the home was worse than the buyer originally thought it was.
Once the home purchase has been cancelled the first home buyers usually look at other homes. The sellers are now left to hope another buyer comes along. The home inspection report is often shared with the real estate agents and the seller. Erroneously this home inspection report is sometimes shared with the new home buyers. This is an error for a couple of reasons.
The first reason is because the second buyer has no contract with the home inspector or the home inspection company. Because there is no agreement/contract if the second buyer has an issue with the home claiming that the home inspector missed a major issue there is zero responsibility for the inspector to take care of them. There was zero legal obligation.
Another reason is that the new home buyer was not present at the inspection and therefore has not idea what conversations the former home buyer and inspector had. This can be vital information. Sometimes in the inspection agreement the buyer request somethings not be inspected so the report is not as whole as the new buyer may believe.
The last reason I am giving here for not relying on the home inspection report created for a previous home buyers has to do with your warranty. To help sell homes agents and sellers will often buy a home warranty for the new home owner. However most home warranty companies will not repair a lot of your issues if you did not have a home inspection completed for you. I spoke with a home warranty rep and they do depend on the home inspection report to determine if items such as your furnace or air conditioner were working when you bought the home. If you do not have your own inspection report to verify that things did operate when you bought the home then you are out of luck and the warranty company will not pay to fix your broken stuff.
If you are buying a home that was previously inspected then you need to have your own inspection done to be protected as fully as possible. If anyone tells you that it is fine to use the previous home inspection report they are wrong. Your are not protected well at all. When Habitation Investigation does a home inspection the client has the ability to get an 18 month warranty for the fee of 12 months. Habitation Investigation also provides warranties such as sewer line protections, 5 year roof leak warranty and 90 day warranty on structural and mechanicals. All those things are there for the home buyer if Habitation Investigation does the inspection for the clients who buy the home.
Professional Home Inspections. What Everyone Needs To Know
For a Seller, getting a home inspection done before putting the home up for sale is very important as it helps in estimating the value of the property. It also helps in getting the home spruced up based on the inspection so that they can get the right price for the home without much negotiation.
If you are considering putting your house on sale, it is wise to invest in a certified home/property inspection soon.
The pre-inspection of a home is an excellent tool to help sell your property faster. After the inspection, the seller will be aware of the shortcomings and positive features of the home. Home sellers can then set a realistic price and refrain from overpricing that would delay a sale.
A thorough house inspection is a foreseeable reality of the real estate industry today. Buyers want to know exactly what they are paying for. This is why it is helpful to get a head start by employing a pre-listing home inspection company. A qualified home inspector will inform you of the "problem" areas of the house. This works to your advantage as you can evaluate the price of your home better.
Here is a list of advantages for a seller's home inspection:* Assess and evaluate the problem areas after an inspection before a buyer can raise doubts
* Armed with a home inspection report when meeting with a potential buyer, shows thoroughness and sincerity on the sellers' part
* Negotiating repairs can be avoided if the seller can take care of them before interacting with the buyer
* An inspected home may command a premium in the market
A seller's home inspection will highlight problem areas ranging from safety risks to property damage. It gives you the flexibility and time to hire the right contractors to attend to any necessary repairs.
A pre-listing property inspection also lets you assess your property in a method similar to that of a prospective buyer. This information is instrumental in determining the actual market value of your property. The home inspection report also empowers you with a great deal of advantage during price negotiations.
Sellers can also choose a few repairs that require immediate attention, to factor in price adjustment to reflect the findings. They could also opt to offer the home inspection report as a part of the Buyers disclosures. By doing so, prospective buyers are prepared for the actual condition of the home. This lowers the chances of buyers backing out of a deal.
With the comprehensive and detailed report that you receive at the end of your house inspection, you can answer any query or concerns regarding your property with prospective buyers. Today, frugal buyers may even waive a home inspection after checking that a pre-listing property inspection was already done by the seller.
Importance of Home Inspection
Home inspections are important as they enable a buyer to learn about the physical attributes of the home. In almost all instances, homes are sold in less than perfect condition. Therefore, a buyer needs to be informed about the anticipated costs associated with maintaining the home post-closing.
As a result, the house inspection is a significant phase of the home buying process. An accredited and experienced home inspector investigates the home and writes up the inspection report after the inspection is completed. This detailed document becomes a very important tool in the real estate transaction process.
A property inspection typically includes an examination of the entire house including:
The typical cost of an inspection varies depending on the area, size of the home, and services provided by the home inspection company. As with most services, there is a strong element of getting what you pay for. Selecting the lowest priced inspector can often result in problems down the road.
Hire a licensed property inspection professional to represent your best interests-whether you are a buyer, seller or owner - to ensure the home is safe for you and your family, and that you are fully informed about major upcoming expenses.