Tuesday, 11 February 2014

Home Inspections - Why they should always be made a MUST when buying or selling a home

Home inspections can be requested by sellers and buyers alike.  A home inspection is a thorough and in comprehensive examination of the condition of a house.  Home inspections are done on-site (at the house) and assess any issues or problems that the structure of the home may have.  An inspection will make the sellers and buyers aware of any repairs that need to be done on the home.

Home inspectors will typically check the following elements of a home:
  •          The foundation
  •          Windows and doors
  •          Roof
  •          Exterior walls
  •          Attic
  •          Plumbing
  •          Electrical systems
  •          Insulation
  •          Ventilation systems
  •          Drainage systems
  •          Structural integrity

I always recommend that the buyers and sellers attend the inspection while it is in progress so that they can ask any questions they may have about the phone.  However, if you are unable to attend, your realtor® will.  Also, the home inspector will complete a report detailing their findings about the property’s condition and any repairs that need to be done at the time of examination.

A Home inspection generally costs between $350 and $600, but this can vary depending on the inspector and company and the size and condition of the house.  Although this may seem high, it could save you thousands of dollars in the long run and may help you negotiate a lower price on the home.

In Ontario, Home Inspectors are not required to be licenced or have any qualifications.  Therefore, you must be sure that the home inspector you hire is experienced, knowledgeable, and professional.  Ask for quotes and references from a couple different inspectors and check their references. You can also ask your realtor which inspectors they have had good experiences with.  Most inspectors have experience in similar fields such as engineering, architecture, or construction.  Ask them about this to be sure you find one that knows exactly what they are doing and what to look for to give you the best possible detailed report.

If you are looking at purchasing or selling real estate, please do not hesitate to contact me and I will be happy to assist you.  I have a number of different home inspectors that I use and that do great jobs and reports.

Sincerely,


Astra Mulawka
Sales Representative
Better Homes and Gardens
Real Estate Signature Service

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