What You Need To Know About A Home Inspection

Things To Know About Home Inspections

By Melissa Rolland Courant Community

You’ve fallen in love with the house as soon as you saw it, you’ve put in an offer, and good news! Your offer has been accepted.

For most home buyers, a contingency on their offer of a home includes a completion of a home inspection. This is the time during the home buying journey where you can learn more about your home, it’s condition and any potential issues that may need to be addressed.

Below are five things to know about navigating the inspection phase of the home buying process.

Who to hire. It isn’t every day that you buy a home, so for many home buyers, it will come from recommendations from their real estate agent, friends, or family on who to use to complete their home inspection. The reputation and professionalism, thoroughness, and the completion and delivery of the home inspection report might be some areas to think about when choosing a home inspector. The cost of the completion of the inspection is, of course, a consideration and doing due diligence to find out what aspects of an inspection would be included should also be confirmed.

They’ll look at the big stuff. Electrical, heating/cooling, the foundation, the roof, etc. will all be evaluated on condition. They’ll not be any feedback on loud paint colors or choice of style of kitchen cabinets, for example.

The Inspection Report. The report itself will focus on the basics, what’s damaged, and what needs repair. They’re typically very easy to read and often will include pictures with a description of the different sections (interior, exterior, heating, etc.) to the inspection.

Code of Ethics. The inspection report itself will be private between whoever is paying the inspector’s fee. That said, the inspector will not deliver a report that intentionally hides anything. Also, whatever a seller knows about the condition of the house, must be disclosed.

The inspector is not liable. Even the very best inspectors can’t find every little thing, of the hundreds of things, including the interiors of walls and in between floors, that are part of a home. If a problem is revealed down the road, the inspector can’t be held responsible.

You’re dreaming about move-in day. As you should! Inspections are a time to get more acquainted with your soon-to-be home and give you the opportunity to discover anything unforeseen about the condition of your home.

And if something is discovered, agents will work out those issues, with some remedies – such as a reduction in the purchase price, the seller covering the cost of the repairs, or the seller fixing the problem before closing.

You can relax knowing that completing a home inspection will allow you the chance to have a behind-the-scenes look at your home before move-in day.

At Home Check, we provide our clients with the information they need to be confident through the home closing process and beyond. Over the years, our inspections have saved our clients thousands of dollars by providing a clear understanding of
the condition of the property they were purchasing.

I have inspected over 9000 homes in my career, yet I have never inspected a “perfect” house.
Even with new construction, we sometimes find where “shortcuts”
were taken in the building of the house. Sometimes the deficiencies we find are minor. Sometimes they can be costly and even unsafe.
My promise to our clients is this: I will inspect the property they are purchasing as if I was the purchaser.
I wouldn’t do it any other way.  Give us a call Today! 504-417-5978 or Visit our site for more info. https://www.1homecheck.com/services/

from Professional Home Inspections New Orleans https://www.1homecheck.com/home-inspection-services/what-you-need-to-know-about-a-home-inspection/

Why Do I Need To Get A Home Inspection?

Seller’s disgruntled about home inspection

DEAR BARRY: As a homebuyer, I can understand the benefits of a home inspection. But for sellers, it’s very different. In fact, there is something about the whole process that is frustrating and unfair.

I just spent a month negotiating with the buyers over the sales price and terms for my home. After all this haggling, we finally reached an agreement and opened escrow.

Then came the home inspection report, and the buyers began asking for further concessions and price reductions. Now it seems that we have no deal after all. Isn’t there some way of preventing this kind of double-dealing?

— Kendal

DEAR KENDAL: Your frustration is understandable and has been experienced by many home sellers, but I wouldn’t call it “double-dealing.” Apparently, no one explained to you how the process works, so here are the basics.

When a purchase agreement is signed, it is based upon information that is known at the time and is contingent upon the buyers’ acceptance of findings by the home inspector. In the aftermath of a home inspection, renegotiation typically takes place because new information about the condition of the property has been revealed. This means that the deal you worked so hard to finalize, during weeks of negotiation was tentative at best.

When buyers obtain a home inspection, they use it for their own benefit, to enjoy a second round of concessions by the sellers. To circumvent this process, some sellers hire an inspector of their own when the property is listed for sale. This enables them to present full disclosure of the property’s condition to each prospective buyer before negotiations begin.

By obtaining a presale inspection, sellers accomplish four valuable objectives:

• Purchase offers are based upon a full knowledge of the property’s condition. Once an agreement is reached, the sale can proceed without second-stage negotiations.

• A pre-sale inspection report exceeds the legal requirements for seller disclosure. This reduces the likelihood of future liability for undisclosed defects.

• A pre-sale inspection report demonstrates to buyers that the sellers have nothing to hide. This promotes an environment of confidence and trust in which to negotiate the terms of a sale.

• Buyers are usually more willing to accept property defects that are initially disclosed, rather than discovered in the course of the transaction. When faulty conditions are discovered later in the escrow process, buyers typically demand repairs at sellers’ expense.

The case for presale home inspections is a strong one. Only a small percentage of sellers have recognized these advantages. Some Realtors suggest this to their sellers, but with little favorable response. Hopefully, more agents will promote the idea and more sellers will see the benefits of taking control of the disclosure process.

Article By Barry Stone – NewsOK
To write to Barry Stone, go to www.housedetective.com.

I came across this article today that offers a great illustration of why it’s important for sellers to have their own home inspection done before negotiations take place.
Schedule an inspection with Home Check Inspection Services today so that you know before you even put your house on the market, what kind of issues you may have and need to address prior to selling your home. https://www.1homecheck.com/services/

Marco Kouzoukas
Home Check Inspection Services
504-417-5978

from Professional Home Inspections New Orleans https://www.1homecheck.com/home-inspection-services/why-do-i-need-to-get-a-home-inspection/