You've finally
found the home of your dreams, 4 bedrooms, attached garage, and a
great
neighborhood. You set your sights on the freshly painted walls, new
carpeting,
beautiful
cabinets and a huge back yard. What are you forgetting? Everything else!
Don't forget
about the plumbing, heating, A/C, electrical, insulation, ventilation,
exterior
and roof.
These are the most overlooked items because most people do not know what
to look for.
You decide to make an offer on the home. What's next?
You need to get the home inspected.
When you made
the offer, your realtor should have gone over the inspection contingency
in your contract.
Simply stated,
it's a clause in the contract that your offer is contingent upon a home
inspection, and you
have a certain
amount of time to
get the home inspected. It allows you to have an unbiased professional
look
beneath the
cosmetic items into the complex working components of a home. It also
allows you to either
renegotiate
your offer based on the inspection, or at the very least, it lets you
know what lies ahead if
you decide to
purchase the home. A seller's
disclosure statement is optional and most sellers are honest, but
many people
don't realize that
problems may exist in their home.
Your basic home inspection is a limited visual
inspection in which the inspector reviews the
interior,
exterior, electrical systems, switches, outlets & fixtures, heating, air
conditioning & cooling,
pumps,
water heaters, plumbing & fixtures, roofing, insulation, walls, doors,
windows, fireplaces, fences,
foundations,
patios, walkway & driveways, kitchen appliances, baths, etc.
How
long will your home inspection take?
Depending on the size, age and condition of the
home, a thorough home inspection should take between
2 1/2 - 4
hours. In some cases, a smaller home (1000 sq. ft. or less) can be
inspected in 2 hours.