Whether you are buying a home or selling one, a home inspection is an essential part of the process. It may identify the need for major repairs or uncover builder oversights, as well as highlight the importance of maintenance to
keep the home in good shape. The inspection typically will take
place after the contract or purchase agreement has been
signed. Before you sign, be sure there is an inspection
clause in the sales contract, making your final purchase
obligation contingent on the findings of a professional
home inspection. This clause should specify the terms
and conditions to which the buyer and seller are obligated.
The American Society of Home Inspectors (www.ashi.org) publishes a Standards of Practice and Code of Ethics that outlines what you should expect to be included in your home inspection report. Generally, it will cover the conditions of the following:
· heating system
· central air conditioning system (temperature permitting)
· interior plumbing and electrical systems
· roof, attic and visible insulation
· walls, ceilings, floors, windows and doors
· foundation, basement and structural components
Fees for a home inspection vary geographically and depend on factors such as the size of the house, its age and optional services such as septic, well or radon testing.
To find a qualified home inspector, ask your agent as well as friends or business acquaintances for recommendations.