A Home Inspection prior to finalizing a home or condominium purchase Avoids Massive Risks and Brings Peace of Mind

Having the facts helps you make an informed decision about the value of the home and the future upkeep.

A home inspection accomplishes four important goals. First, it helps you confirm  the condition of the home, its structural soundness, and the condition of its plumbing, mechanical and electrical systems. Second, it brings any problems to light at a time when they can be resolved before closing a sale. Third, it provides an estimate of the likely timing and cost of repairs that will be required in the future. Fourth, it provides a basic maintenance schedule showing how to keep everything in good condition.

A comprehensive inspection includes a visual examination of the structure from top to bottom, including the heating, air conditioning systems, humidity, the interior plumbing and electrical systems, the roof and visible insulation, walls, ceilings, floors, windows and doors, the foundation, basement and visible structure, lighting and appliances

Following the examination, the inspector will provide a written report that compares the condition of the property to typical properties of the same age and type This report not only points out possible defects or areas of concerns, but also the positive aspects of the structure as well as the type of maintenance that will be necessary to keep the home in good shape.

Even the most experienced homeowners and Realtors lack all of the knowledge and expertise of a professional inspection firm. For example, watermarks in the basement may indicate a chronic seepage problem, or simply may be a result of a single incident.

A professional assessment will provide complete information about the condition of the property you are considering and will help avoid any unpleasant surprises after the sale. In addition, a home inspector can remain totally objective, while either a seller or a prospective homebuyer may be emotionally involved.

The inspection fee for a typical single-family home is a few hundred dollars, depending upon the geographic area.,the particular features of the home such as size, age and special structures . The decision to have a home inspected is a good investment. You may save many times the cost of inspection by being aware of defects, maintenance requirements, and upgrading requirements or by simply not proceeding with a home that has too many latent defects.

Good appearances alone should not sell you on a home. Remember, you're also buying structural and mechanical systems. Walk through a home at least twice before you make a conditional offer, then hire an inspector. The first time, look at the rooms, the floor plan, and envision your own decorating ideas for the house. The second time, go back and look more critically at the condition of the walls, doors, appliance, and plumbing. If the home still looks good after two visits and you're serious about the purchase, make your offer conditional upon a satisfactory home inspection.

Inspectors should be licensed in building-related fields; architects, contractors, and structural engineers are good examples. When interviewing a potential home inspection firm, carefully inquire about the specifics of their work and company. Ask how long they have been in business, ask for references from previous customers. Find out what type of insurance they carry.

A home inspection usually lasts three to for hours. Professional inspection companies will be happy to answer all your questions. The report should be in narrative form, not as well as a checklist of items inspected. The home inspector should also issue a written report with accurate cost estimates for any major defects discovered during the inspection. You may find it valuable to accompany the inspector as he goes through the property. Alternately your Buyer Agent can let the Inspector in and you can just show up for the presentation of the report.

Property inspections are not limited to residential property purchases. Many inspectors help homeowners with analysis and solutions to specific problems such as energy conservation, wet basements or cracked foundations. Inspectors also inspect work upon completion to ensure that a contract has been properly fulfilled. Specialists are available for specific  problems such as older fireplaces or analysis of load-bearing capacity for extensions

If you are considering purchasing a home, the Ontario Real Estate Association advises that you invest in an inspection by a reputable and qualified inspection firm. Buying a home is one of the biggest decisions you will make. Know what you are buying and what your future upkeep obligations will be.

For more information regarding home inspections contact the Ontario Association of Home Inspectors.

Because Buyers Realty Inc believes so strongly in the value of Home Inspections I pay the cost of a  Professional Home Inspection on every client’s home purchase.