Home Inspection – Knowledge You’ll Need
During the house buying process, home inspection should be considered before putting in an offer to purchase even though market condition might dictate otherwise. This will uncover any hidden problems with the house.
Unlike the guarantee a buyer receives with most purchases, there is no money-back guarantee or return policy if you’re not satisfied with your recently purchased house.
Once you buy a house, you’re on your own to maintain it, repair it, anticipate problems and pay the bills. This is why it is best to know as much as you can about potential problems before you make the commitment to buy. And a good inspection report can be used as a home maintenance program.
Home inspections are intended to provide information regarding the condition of systems and components of the house at the time of the inspection. The home inspector will provide a visual inspection by looking at the house’s interior and exterior components. The inspector will check exterior components including roofing, flashing, chimneys, gutters, downspouts, wall surfaces etc.
It should be done by a knowledgeable and professional inspector. Unfortunately, there is presently no mandatory certification and no legislated requirements for home inspectors to take any courses or passed a test. home inspection is a discipline that requires special training, knowledge and communication skills.
It is wise to ask for and check references. Does he or she belong to any industry or provincial association? How long they have been in business? Have they obtained the Registered Home Inspection (RHI) qualification?
Ask what the inspection will cover and if the inspector will provide a written report of the inspection. A properly trained home inspector will review your house as a system, looking at how one component of the house might affect the interoperability or life span of another. The fees will depend on the size and condition of the house.
The inspection will provide a reality check on the condition of the house. Here is the free home inspection checklist you can use to document the status.
Some of the main areas of concerns are : foundation, the windows, electrical system, roofing, plumbing and furnace.
The components will be determined as whether performing properly or not, or are they beyond their useful life or as unsafe.
When problem area arise, the report should tell you which one is minor and which one is serious that requires attention immediately. With this information you can calculate the extra costs needed for buying your dream house.
When the time come and you need to hire a contractor to renovate your house, here is a sample renovation contract you can use. There is less hassle when you get everything in writing.