A home inspection is probably some of the best money you will ever spend when you are purchasing a home or a condominium.
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A licensed, experienced and competent home inspector is worth their weight in gold.
The home inspector takes about 2 hours or so to inspect your prospective purchase. They are looking for major structural repairs, such as roofing, plumbing, foundation, electrical, framing, deck problems, code violations, and also checks things such as your air conditioning systems, all your toilets, sinks, tubs, garage door openers, etc. Plus theyll inspect all of your electrical outlets inside and outside of the home. The home inspector will also look at the fireplace if you have one, inspect the outside chimney, check out all of the interior doors and windows to look for any seal failures. They will also check your heating and hot water system, water conditioning system if there is one. Its the home inspectors job to give your home a thorough check-up.
When the home inspector is finished, he will write up a report, note the repairs he feels need immediate attention by the seller, give an estimate of what the repairs should cost, and then we look over the report together, and if necessary, negotiate any repairs with the seller.
Home Inspection - Do Your Really Need One? - SavingAdvice.com Blog::
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Usually at the time of the home inspection, a pest inspection is also performed. A licensed pest inspector arrives at the same time of the home inspector and goes through the home to look for any wood boring or wood infestation insects, such as termites, carpenter ants, powder post beetles, or carpenter bees. If there is any infestation noted, a report will be issued and signed by the inspector, and that will also be discussed and negotiated by your real estate agent to have the seller pay for any treatment and if there are any damages caused, the seller usually should pay for damages also.
The average cost for a home inspection currently is about $275-$300 depending on the size of the house, and obviously the part of the country you live in. A condominium usually runs a bit less.
The average cost for a pest inspection is $75.00.
A Pest Inspection is a requirement by most lenders today and a home inspection is just a must do!
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Why a Home Inspector Can be your Best Friend When it Comes to your Real Estate Investment