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Home Inspection: Also see -
10
Steps to Buying |
Top 10 Buyers Mistakes
|
Title Insurance |
Closing Costs
It is important to know
everything you can about the home you are about to
purchase. That is why it is a good idea to have the
home inspected by a professional home inspector. A home
inspection is an objective visual examination of the
physical structure and systems of a home, from the roof
to the foundation. Having a home inspected is like
giving it a physical check-up. If problems or symptoms
are found, the inspector may recommend further
evaluation.
The purchase of a home is
probably the largest single investment you will ever
make. You should learn as much as you can about the
condition of the property and the need for any major
repairs before you buy, so that you can minimize
unpleasant surprises and difficulties afterwards. A
home inspection also points out the positive aspects of
a home, as well as the maintenance that will be
necessary to keep it in good shape. After the
inspection, you will have a clearer understanding of the
property you are about to purchase.
The standard home
inspector's report will review the condition of the
home's heating system, central air conditioning system,
interior plumbing and electrical systems; the roof,
attic, and visible insulation; walls, ceilings, floors,
windows and doors; the foundation, basement, and visible
structure.
Even the most experienced homeowner lacks the knowledge
and expertise of a professional home inspector who has
inspected hundreds, perhaps thousands, of homes in his
or her career. An inspector is familiar with the many
elements of home construction, their proper
installation, and maintenance. He or she understands how
the home's systems and components are intended to
function together, as well as how and why they fail.
Above all, most buyers find it very difficult to remain
completely objective and unemotional about the house
they really want, and this may affect their judgment.
For the most accurate information, it is best to obtain
an impartial third-party opinion by an expert in the
field of home inspection.
It is not necessary for you to be present for the
inspection, but it is recommended. You will be able to
observe the inspector and ask questions directly, as you
learn about the condition of the home, how its systems
work, and how to maintain it. You will also find the
written report easier to understand if you have seen the
property first-hand through the inspector's eyes.
No house is perfect. If the inspector identifies
problems, it does not necessarily mean you should not
buy the house, only that you will know in advance what
to expect. A seller may adjust the purchase price or
contract terms if major problems are found. If your
budget is tight, or if you do not wish to become
involved in future repair work, this information will be
extremely important to you.
Also see -
10
Steps to Buying |
Top 10 Buyers Mistakes
|
Title Insurance
|
Closing
Costs
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