Home Inspection Write For Us
A home inspection is an audit or assessment of the condition of a house and is usually taken before a sale transaction in the real estate market. This process helps prospective buyers determine their home, including defects or wear may require repair before closing the sale.
What is a Home Inspection?
A home inspection is a visually based comprehensive study of the property’s structure and systems, including plumbing, electrical, HVAC, roof, and foundation. Specialized tools are used by certified home inspectors to identify potential problems or safety hazards that may be present in the house, which provides the buyer with insight into the overall condition of the property.
How Does a Home Inspection Work?
During a home inspection, an inspector will inspect the interior and exterior of the home in order to look for damage or wear. It typically takes 2–4 hours to complete depending on the size of the home. The inspector will then summarize in a comprehensive report the findings from the actual inspection, including significant issues, minor repairs, and for your future evaluation.
Home Inspection vs. Appraisal
An inspection and an appraisal play different roles, therefore. The inspection decides the condition of the home, while the appraisal decides the market value of the property. In most cases, an appraisal is usually required by the lender before mortgage approval. A home inspection is optional but very much recommended for buyers so they don’t end up with surprises after the purchase.
Do You Need a Home Inspection?
While it is not necessarily required by law, a home inspection is a good idea. One can find hidden defects in a building, such as mold, structural damage, or faulty wiring. This would save the buyer from having to pay for repairs later on.
What Happens When a Home Inspector Finds Something Wrong?
The buyer will usually negotiate repairs with the seller, ask the seller to lower the price, or sometimes even walk away from the sale.
How Much Does a Home Inspection Cost?
The usual home inspection cost falls between $300 and $500 and even higher based on size and locale of the property. It is usually paid for by the buyer. It’s a small price for peace of mind.
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