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A home inspection is an independent inspection of the
property you are about to purchase. The Residential Purchase
contract gives you, as the buyer, fourteen (14) calendar
days (unless otherwise stated) to hire, at your expense,
an inspector to make any selected inspections of the property.
Inspections may include physical, environmental, and other
types of inspections including, but not limited to, square
footage, roof, designated flood hazard areas, structural,
plumbing, sewer/septic, well, heating, air conditioning,
electrical and mechanical systems, built-in appliances,
soil, foundation, pool/spa and related equipment or environmental
hazards.
A Home Inspector performs a VISUAL SURVEY of the accessible
areas of the home and gives you a professional opinion on
whether those items inspected are performing their intended
function or whether they are in need of repair. The extent
of the inspection and the square footage of the home normally
determine the expense of a home inspection. The minimum
cost for a home inspection is usually around $550, which
can be nothing compared to a repair bill. Be sure to select
someone who is an expert in the appropriate field, (I.e.
Home Inspectors do not test for environmental hazards).
Is an inspection necessary?
You have the right to request an inspection of any property
you are thinking of purchasing by a professional inspector
of your choice. You should always exercise your option to
have the physical condition of the property and its inclusions
inspected. Many of the most severe and expensive problems
such as mechanical, electrical, structural, and plumbing,
are not noticeable to the untrained eye. A professionally
conducted home inspection followed by a written evaluation
is becoming standard procedure in home buying because of
increased buyer awareness and savvy.
What does an inspection entail?
A qualified inspector will follow CREIA (California Real
Estate Inspectors Association) Standards of Practice in
conducting their inspection. The inspection consists of
a physical inspection of the home with the buyer present,
followed by a written report detailing their findings. They
report on the general condition of the home’s electrical,
heating and air systems, interior plumbing, roof, visible
insulation, walls, ceilings, floors, windows, doors, foundation,
and visible structure. The inspection is not designed to
criticize every minor problem or defect in the home. NO
home is perfect. It is intended to report on major damage
or serious problems that require repair for the well-being
of the home and that might require significant expense.
Buyer education is necessary—
The primary purpose of the inspection is to educate the
buyers to enable them to make an informed purchasing decision.
The inspector should allow and even encourage the buyers
to attend the home inspection. A good home inspector knows
how the home’s many systems and components work together
and how to minimize the damaging effects of sun, water,
and the passage of time. Attending the inspection provides
an important opportunity for the buyer to learn, firsthand,
how their prospective new home works, and about possible
repair costs and maintenance routines. This is valuable
information which could increase the life span and perhaps
the future selling price of the home.
Time and fee guidelines for the inspection—
The time necessary to properly inspect a home, as well as
the fee charged by an inspector, varies according to market
location, the size and age of the home, and the individual
inspection company. However, you can expect that it will
take an average of two or three hours to competently inspect
a typical one-family, four-bedroom home, with an average
cost of $350 to $550.
Important: Remember these companies
are inspectors only!!
Unless otherwise stated, they do not provide a warranty
and are not an insurer of any inspected conditions.
NOTE: It is wise to ask the inspector you have
selected, if he/they have Errors and Omissions insurance.
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