Buying a home is a huge investment, and for most people, it’s one of the most important decisions they will make in their lifetimes.
A qualified house inspector performs thorough checks and lets you know about maintenance work and impending repair works. As a homebuyer, this helps you sniff out bad deals and gather irrefutable data points to negotiate a better deal. Moving into a house that has not been inspected can also be a safety concern. Everything from lead paint to a weak foundation can put you and your loved ones at risk.
Home inspection services are also recommended if you are someone who is trying to sell your house. Inspection reports put potential buyers at ease about the condition of the home and help you close the deal faster. Home inspection reports also let you resolve disputes that relates to the condition of the house by ensuring maximum transparency.
While there is no denying the importance of getting a home inspected before finalizing the deal, it’s equally important to choose the right inspector. The following are 7 mistakes most new homebuyers make when selecting a home inspection service.
Selecting a Service Without Checking Sample Reports
All reputed home inspection services allow customers to look at their sample reports. Just like their name suggests, these are dummy reports that show you how their final report is going to look like. Most reports by reputed firms include multiple photos of problem areas as well as a detailed description of the problem. Some reports also include repair advisory that lets you know the possible cost of repairing the issue.
House inspector services usually have a dedicated page for sample reports on their websites.
Not Understanding the Time and Cost Implications
A lot of people don’t realize that home inspection can take about 2 to 3 hours to complete. This means they need to make arrangements to ensure the house remains available for inspection. People trying to buy a house may need to schedule a meeting with the real estate agent or the current homeowner to ensure a smooth inspection.
Home inspection services are also not cheap. This means it’s only advisable to get a house inspected after all other details have been checked and agreed upon by both parties. Standard home inspections cost around $400 to $700. The price is dependant on the location of the house and total square footage. Bigger the house, the more cost it takes to inspect it.
Not Enquiring About the Exclusions
A standard home inspection service typically does not include pool inspection, radon inspection, sewer scope checks, and garage inspection. What’s included in the standard package depends solely on the home inspection company.
This is why it’s important to ask about the exclusions and the list of addon services that may be bought to cover them.
Picking a House Inspector Who Has No Insurance
Home inspectors need to have liability insurance as well as insurance to protect its employees from workplace injuries. Liability insurance helps cover the cost of any damage that happens during the inspection process. Something like occupational accident insurance protects inspectors by covering their medical costs if they happen to get injured when performing checks.
These are vital because not having insurance may force you to pay compensation if the house gets damaged or if the workplace injury leads to a lawsuit.
Selecting a Home Inspection Firm That Also Does Repairs
You need a home inspection firm that does not offer home repairing services. This ensures that the inspection company has no vested interest and they have nothing to gain if the house needs repairs.
Oftentimes, home inspectors have sister firms that does repair works and they get commissions for every referred customer. Do your research by checking online reviews and looking up the parent company of the home inspection service.
Not Knowing What the Inspection Includes
You want a service that offers a comprehensive inspection for a lower cost. To make sure you get a good deal, you need to know what the inspection service includes. All standard packages should include thorough inspections of the plumbing, electrical systems, roof, foundation, and basement. Inspectors should also look for moisture damage, wood rots, and issues such as asbestos, mold, and lead paint.
Picking an Inspector Unwilling to Discuss the Findings in the Report
You typically don’t want an inspector who just sends you the digital report and calls it a day. A good inspection firm will take the time to explain the report. They will explain what repairs need to be done urgently and which ones are minor. They should also inform about potential safety hazards and provide recommendations about mitigating them.
* Guest post