Email Post to a Friend: What to Expect from a Home Inspection

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May
29

Home Inspections
Whether you're buying or selling a home, it's important to understand both the benefits and the process of a home inspection. Both parties will gain clearer insight into the home's structural condition before closing the sale and therefore, be more confident with the final selling price. Our REALTORS® are eager to introduce you to so many beautiful Southport homes for sale, and once we find your dream home, here's what you'll need to know about proceeding with a home inspection. 

Well Worth The Investment
Many prospective home buyers don't realize that it's traditionally the buyer's responsibility to obtain the home inspection, especially if it's their first home purchase. The inspection may cost you a few hundred dollars, but it will help you determine whether what you plan to offer is in line with the home's true value. The inspection may confirm that the home is in great shape, but it can also bring to light potential problems and needed repairs. It's much better to invest in the inspection now than to be faced with unpleasant surprises after you close on the home.

Always Go With A Pro
The home inspection process and subsequent report are an important part of your decision to purchase a home and just how much money you're willing to offer for it. You may be able to get solid recommendations for an inspector from friends, family or colleagues, but be certain that he or she is qualified and even certified in states that require certification. Your inspector will schedule a time to inspect the home, and the process usually lasts a few hours. Their job will be to review the home thoroughly for structural integrity and to identify any deficiencies and potential problems. The inspection should be thorough, and some major areas being examined will include the home's:

  • Foundation
  • Basement and attic (if applicable)
  • Electrical system
  • Plumbing
  • Roof
  • Windows and doors
  • Heating and cooling systems
  • Floors, ceilings, and walls
  • Exterior structure

Tag Along For The Inspection
It's a good idea to attend the inspection in order to see any potential problems first hand. You may see something you hadn't initially noticed when viewing the home, and the inspector may be able to clarify questions that surface during the inspection. Once the inspector is finished, an inspection report will be issued. It's likely that he or she will have found several issues, but it's often the case that the majority of them are minor and either inexpensive to resolve or something that can be postponed without harming the home's value. If major issues are found, you may be able to negotiate the price with the seller with consideration for the cost of needed repairs. With the report in hand, you'll be better able to confidently make an offer to purchase and be on your way to home ownership.

The housing market can be a maze of excitement and confusion, but our REALTORS® are here to make your experience simple and stress-free. If you're ready to buy or sell, contact Margaret Rudd & Associates, Inc., and let us show you a new standard of excellence!