It’s crucial to note that a home inspection will be of tremendous benefit to both the seller and the home buyer. The home inspection is important to the customer for obvious purposes as the inspector can point out some significant flaws in the house as well as the general state of the house before the home is purchased. Alto Home Inspection, LLC has some nice tips on this.
Next, let me clarify what exactly defines a home inspection for those that are a little confused.
A home inspection is an evaluation of a home’s noticeable and usable structures and elements like the plumbing network, electrical grid, roof, etc. Most importantly a home inspection with a house can usually detect any structural issues. The foundation, exterior wall system, interior load bearing walls, floor system, and roof system are structural concerns. Problems with any of these items can result in considerable cost of repair.
Also, this inspection report can be of value to a seller. If a vendor has preformed a home inspection before listing the house, the vendor will have a “heads up” on any defects in their home. We can want to repair any or all of the flaws before closure so we won’t become an problem to the new customer. So much of the cases the seller has items patched or updated at a far cheaper rate than when the sellers search for credits to restore before sale.
Home inspections are just as important for real estate investors who buy houses in “as-is” condition (who become sellers). While certain buyers can see most of the problems that need to be addressed and recognize that the house needs to be improved, they prefer to miss some of the concerns that need to be addressed and don’t consider them in their calculations of costs. And, at bed, they face the fixes. A favorable inspection record will give you the added consolation that your next nightmare won’t buy!
I suggest investors (as well as any seller) get a report on home inspection as it will help identify all the issues that need to be dealt with. The investor can then use that report to show the contractor what needs replacing, fixing, or repairing. And it’s the small (and even the lesser) stuff investors neglect or ignore that may add up and even tie up a closing.
Things like grading and drainage problems that cause water to penetrate into the house or spouts that are not properly angled away from the foundation. Even missing fascia boards (boards nailed at the eaves across the ends of roof rafters), eves and soffits missing or damaged. And don’t forget the vents of plumbing, water heater and appliance, water pressure, electrical capacity, and so on. See, most of us never think much about it.
If you think about it, you pay someone on home to conduct a reasonably thorough medical check. To teach you all the stuff you don’t get to know.
So I say, why don’t you know about any defects and repair items, BEFORE you are buying or selling the house.
Whenever a home inspection report includes the term “security” or “threat,” everybody’s antenna goes up! Making the documentation and replacing the necessary items before purchasers get their home inspection would significantly reduce the amount of items found through home inspection of the purchaser.
And if you’re a homeowner, you could have done the renovations for a minimum fee, because the builder does the maintenance work in the house anyway. On completion of the upgrade and the staff are gone so you need to bring them back, it would typically cost a lot more because they are looking for a “new career” So why not fix some issues of repair before time. That lets me believe it is smart!
Just note, often you will have twenty “suggested” things to tackle. If twenty or more of these tiny things are placed on the list, that will trigger buyers to be afraid, and then buyers will ask for major credits and pay you even more money.
In brief, whether you purchase a house, sell a house, or invest in a home, a home inspection report from a certified home inspection service can open your eyes to any and all flaws that could become a issue when you try to sell or flip the property. My opinion is that the small fee charged on a home inspection is worth it. Many jurisdictions followed American Society of Home Inspectors (ASHI) principles of operation.
One final thing, Oh. Always get inspection of a termite. A few home inspection companies are now allowed to provide this service. Yet I still want to get examination of the termite by anyone who can really administer whatever treatment possible.