What is included in a typical home inspection?
A general home inspection report will not only include the condition of the structure as a whole. It will also tackle the condition of the AC system, heating system, roof, attic, insulation, plumbing and electrical systems, and other miscellaneous details.
What should I expect during a home inspection?
During a home inspection, you can expect the inspector to turn the place inside out. However, you can also create your own checklist of areas that you want to be checked. You may want to add notes and indicate what matters most to you as a buyer. Do you need a spacious living area? Big kitchen? A basement? That way, you can explore the potential of the house and find out if what you want will fit in.
Who should pay for a home inspection?
Ideally, it is the buyer who shoulders the expenses that arise during the home inspection. In some arrangements, however, the seller can choose to pay for the home inspection. This should be discussed between both parties at the outset so that either can prepare for the cost.
How much does it cost for a home inspection?
Prices would range between $300 to $500, depending on the size and location of the property. This is just for a standard home inspection. Other add-on inspection service would cost extra.
How long will the inspection take?
Typically, it will take 2 to 3 hours for a home inspection to be completed. You may want to tag along and follow the inspector closely so you can also discuss what can be done with the issues around the house.
What happens if there are problems found during the inspection?
Problems in the property will create a need for repair. Again, this will go back to your negotiation with the seller. Some will take charge of the repair fees. Most would consider the repairs as the buyer’s responsibility as the new homeowner. It can be negotiated as a way to lower the appraisal of the property. Nevertheless, it should be clearly laid out between both parties.