What Should The Home Inspectors’ Report Include?

 

If you’re planning to buy or sell your home or commercial property, it might be necessary to hire a home inspector to carry our visual inspection before making any transfer. While inspection laws and regulations might differ from one state to another, inspectors are required to provide detailed documents on the entire process. The major documents used in inspection include written property inspector contract and inspection reports. All inspections conducted in any state need to follow certain standards of practice, with at least a copy of the standards attached to the inspection report.

 

Pre-Inspection Contract

Before any inspection takes place, you need to obtain a copy of pre-inspection agreement. This document is meant to help you get all the information you need, before the inspector can start the visual investigation. You can always feel free to ask the inspector for clarification in case there’s anything you don’t understand. A pre-inspection agreement should contain the following:

-Scope of inspection the inspector intends to perform

-The cost of the inspection services

-The specified guidelines for the inspection

 

Components of a Home Inspection Report

Licensed home inspectors are trained to provide clients with written reports regarding the condition or state of the property. Usually, the report needs to provide detailed information regarding the property’s essential systems as well as its structural components. Inspectors are required to provide a comprehensive report in less than a week but there are others who complete the reports within 24-hours. Here are key components of the house that need to be inspected:

 

General house structure

Inspection starts with the assessment of the foundation and framing of the house. During inspection, the assessors seek to find out whether the home’s structure can stand up to the gravity, weather condition as well as the earth around it.

 

The Exterior

Inspectors are required to look at the external features such as the siding, soffit, balconies, sidewalks, driveways and porches. Other important structures to be inspected under this section include the railings, decks, windows, doors, surface drainage and trim.

 

Roof System

A licensed inspector should be able to provide a detailed report on the condition of the components of entire roofing systems. Some of the key areas inspected include:

-Roof draining systems

-Buckled shingles

-loose gutter and downspouts

-Age of the roof

-Skylights and chimneys

 

Electrical System

This involves the assessment of the service entrance wires, breaker and fuses, service panels and any possible disconnects. It might also include the number of outlets found in each room of the home.

 

Plumbing

Inspection also covers the examination of the water supply and drainage systems, fuel storage systems as well as water heating equipment. Some of the key areas inspectors pay attention to include the following:

-Poor water pressure

-Drainage pumps and sump pumps

-Banging pipes

-Rust or corroded spots

 

The Interior

Inspectors need to closely examine the walls, ceilings and floors to ensure they’re in the right condition. Key areas that are assessed include steps, railings, staircases, cabinets, countertops and garage systems. Any sign of rot, insect damage, leaks or defects cam mean the house needs renovations.

 

Other key home inspection areas include:

-Insulation and ventilation for attic and unfinished surfaces

-Heating and air-conditioning systems

-Fireplaces, chimneys and vents

 

Conclusion

Home inspectors’ work is to carry out visual inspection and provide possible recommendations. Hence, they’re not required to put holes on the walls, take equipment apart or dig up your garden. If you can find a qualified and licensed inspector, then you can be sure the inspection will be conducted on the required standards, using the highest quality equipment. That way, you can be assured of the best valuation for your home.

 

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Home Inspection Tips: What Real Estate Agents Need To Know

As a real estate agent you have the responsibility to educate your clients regarding the importance of home inspection. As a real estate agent, you also have to know the things that you need to know regarding this activity. This way, you’ll avoid home inspection nightmares. Here are some tips that you can share with your clients later on:

1. Understand the job of home inspectors – knowing that homes must be inspected is not enough. You should know what these experts really check when they inspect a house. What are they looking for and what are the most common problems do they identify?

2. Understand inspection reports – depending on where you are and on the company that was hired to do the inspection, reports may come in various forms. So you really need to familiarize yourself with the terms, abbreviations and jargons used in this industry. Know the basic information that must be included in the report and what information may be disregarded.

3. Not all inspectors are the same – not every inspector will do the same job the same way. There are some who may notice certain problems in an area of a house while others may not notice anything. Over time you’ll have someone you’ll prefer but avoid recommending anyone to a client. Instead, give them at least 3 to 5 excellent inspectors that you know of.

4. Make your clients understand home inspection – some buyers think that they can back out from the contract if a home inspector finds that the faucet is not working well. This is not always the case. They have to know what they will lose if they back out from the contract. You have to make them understand why a home inspection is made and how it can benefit them.

5. Checklist – by giving your clients a checklist, you somewhat give them an idea what is going on instead of just waiting for the result. You should also inform them about the basic questions they may want to ask, the deadlines and time frame of the entire process.

6. Encourage them to be there – it’s better that they also see first-hand the problems that the inspector saw in the house. By attending the inspection, they would also be able to ask some questions and get answers immediately.

7. Don’t follow the inspector around – stay out of the way of the inspector to reduce your liability. Also, you are not a qualified inspector so it’s better to stay outside and wait for him or her to finish the job.
The reality is that you may be called upon to make concessions in your sale price due to a home inspection. More often than not, this is the result of a home inspection. Even items that don’t seem terribly important to you can be an issue with a lender. Mortgage lenders are notorious for finding fault with the slightest items on a home inspector’s report. This is an important point to keep in mind whenever you sell a home and whenever you consider your potential cost of making a sale. Sellers always have costs involved in making a sale, including marketing costs such as placing ads, and also a real estate commission when the home is listed with an agent. But other costs to consider are those associated with issues that a home inspector has found or will find when an inspection occurs.

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How much should I Plan to Pay for a Home Inspection?

Purchasing a new home is always an exciting prospect, but it can also be very time-consuming, stressful and costly. In the process, one of the worst possible outcomes is to close the contract on a new property and then discover that some major issue afflicts the same location. When this occurs, there is nothing that the new owners can do apart from fixing up the place and paying heavily for this. Fortunately, there is a way how the same potential problems can be avoided altogether. Using the services of a home inspector, anyone can enter any real estate contracts and buy a property knowing that this will come with no unpleasant surprises. But, at the same time, many realize that home inspection is important to any future home buyers and still fail to take these services, fearing they will be very expensive. Because of that, here are the most important facts about home inspections and the range of their costs depending on the type of service home inspectors provide.

Elements of a Home Inspection

While many home inspection services share the same name, the individual offer is regularly very diverse and changes from one inspector to the other. Before the issue of costs can be assessed, a home buyer should make sure that the service they are after covers all the necessary essentials of a home inspection. In this domain, the most important are the basic utilities and structural elements of the home. This includes plumbing, foundation, roof, attic, home’s electrical system, and its HVAC setup. After this is taken care off, the inspector should go over the home’s appliances, fireplaces and the general exterior and interior of the building. Finally, there is one more group of issues which have to be inspected in any home that desires to keep its inhabitants healthy. This consists of potentially hazardous materials which might have been at one point included in the construction, or materials and effects that are the result of living organisms that started breeding in the same space. These hazards cover issues like termites, asbestos, fungus, and radon. For some of these, the inspectors have to possess some additional specialized certification but their expertise can make a huge difference when buying a house.

Average Costs for a Home Inspection

When the basic average value of all home inspection is calculated, the price of this service is at about $315. But, there are both substantially cheaper and more expensive inspection services. In the case of small homes or condos that are not bigger than 1,000 square feet, the cost of a home inspection is about $200 and even less than this. Homes that are above 2,000 square feet will regularly go above $400. More importantly, home inspections are not clearly defined when it comes to calculating the price of one of these services. Because of this, inspectors determine their fees using a range of methods. Some provide a flat rate charge that is based on the size of a home. Other inspectors include the age of the house, mainly because older homes take more time to be fully inspected, so they will often be charged more for inspection services. But, regardless of the precise condition of a home, the range of the fee for the home inspector will most likely be between $200 and $400.

With this essential information, anyone will be able to determine what type of a home inspection service they need. This way, they will make sure that they are buying the best possible home they could find.

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All About Picking the Right Home Inspection Company

Purchasing a new home isn’t something we do every day, but it’s something that you’d require to do great as you’re going to be living in it for some years to come. Finding a reliable home inspection company can save you a lot of headaches. There are significant consequences if the provider you choose fails to detect structural problems with the property. But finding a reliable home inspector can be a long process if you don’t know where to look. If you get a friend or family member who recommends someone, then you can quickly proceed.

Also, if you don’t know where to start, it may be a great idea to ask people in your area over your social network. You can also read up on reviews from previous clients to find out if an inspection firm does provide quality services.

What you’re up against:

It is estimated that there are more than 20,000 people who are working as home inspectors today. Many of them are lured by the promise of quick cash and have only basic knowledge of what home inspecting requires. That’s why it is crucial to do your research. Separate the professionals from part-timers who simply want to make an extra buck.

Buying a house is a big investment. Choosing the wrong home inspection company exposes you to the risk of buying a properly with termites, plumbing problems, or shaky foundation. Fixing these problems can cost anywhere from $1,000 to $30,000. This scenario can be avoided. Here are tips on choosing a reliable home inspection company:

The license isn’t everything

Often, you’ll hear advice that tells you to trust anyone who has a license. While this is certainly important, it doesn’t tell the whole story. It is possible for the inspector to meet the state requirements but not care about their customers. Take note that not all states require the inspector to undergo training. Also, only a limited number of states provide the license.

Membership in professional inspection organization

A better gauge of ability is the inspector’s membership in a professional organization. For one thing, continual membership requires the inspector to pay a monthly fee and meet the organization’s criteria. The varying criteria for membership, however, also make this an insufficient way to measure a person’s ability.

Insurance for omission

Check if the inspector has insurance in case he misses a significant flaw or makes an error in his assessment. This provides you with a certain level of safety because you’ll be covered in case of misjudgments. In some states, the insurance is a requirement.

Talk to the home inspector

Once you see a qualified home inspector, you should ask questions first before hiring. Interview him about his experience and ask the tough questions. It is also recommended for you to ask him to get everything down in writing. The findings of the chimney, walls, or anything else must be discussed in detail in the report.

Finally, you should make it a point to be present during the actual inspection. That way, you can monitor whether the home inspector, did indeed, went through everything.

 

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All What Home Inspectors Can Do For You

According to the home inspection standard practice set by the societies of home inspectors, it is a must for all qualified inspectors to perform a minimum job scope to their clients. At the same time, they are not allowed to provide services which are not related to their profession.

In the real world, it is the responsibility of the professional inspectors to conduct evaluation and examine all the physical conditions of the following:

– Structural system especially the foundations, wall and roof framing
– Roof system and chimneys
– Exterior building surfaces and components
– Plumbing system
– Electrical system
– Interior building surfaces and components
– Heating system, fireplaces and solid fuel burning appliances
– Air conditioning system

Besides extensive inspection, the inspectors are also responsible for providing diagnostic and repairing advice to the homeowners, realtors as well as the potential home buyers.

However, it is a general prohibition for the inspectors to perform any repair work on the properties they inspect. They are strictly prohibited from offering this additional service to generate extra income.

On the other hand, if the home inspectors have adequate knowledge and skills related to environmental test, mold testing, radon testing, septic testing, termite or wood destroying insect infestation, energy audits and so on, they are allowed to offer additional inspection services to their clients. These services are not compulsory.

To become the first rated home inspectors, they are encouraged to obtain learning opportunities in their states. They should attend educational conferences and seminars to keep themselves updated with the latest standard home-building codes, building information and real estate practices.

Professional and experienced home inspectors often require quite a significant amount of money for their service. This is the reason why people are advised to have a research first on the Internet for those who offer the utmost service at a reasonable price. As a suggestion, it is better to ask recommendations from family members, relatives, friends, neighbors, and colleagues rather than from the real estate agents. This is based on the possibility that such agents and home inspectors have a connivance that leads the buyer or client to spend more than the usual.

Primarily, the basic of getting a home inspection in the current economy has something to do with the assurance that the home to be purchased is of good condition with respect to its given price. Before closing the dealership with the house to be purchased, it is necessary to have the home inspector to be tasked to have an actual visit and inspection on the various parts of the house.

The home inspector should determine all the existing damages of the house itself as well as the objects inside it that are included in its selling price. Through this, the required expenses for the repair and replacement will be identified and will affect the value of the house. Aside from that, it is also very important to determine whether the design and current condition of the house is secure and strong enough as a shelter against various environmental factors such as typhoons, floods, and earthquakes. Also, it must be checked whether the house is vulnerable to fire and cases of theft.

It is the client’s choice to have a short or a thorough inspection because the duration of the job is among the main factors that affect the service fee. After the inspection has been performed, the inspector is obliged to present a well-detailed report about the specific status of the house and the factors that affect its quality. Then, it is up to the buyer and seller to have the negotiation for the final selling price based on the acquired home inspection report.

 

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