Your bid for a house you want just got accepted! But what now? Will you rush to the real estate agent, arrange money, sign the closing agreement and own the house? No! You need not hurry in this situation. You are investing a lot of your money, so you need to be sure that the home you are planning to buy is perfect for you. Almost 95% of the houses go through a buyers inspection group process before the closure of the final deal. It is very natural to have concerns about the thing you are about to buy. And buying a house is a huge life decision. Getting a home inspection lets you know the condition of the property you are about to buy. So, you should have a home inspection service before the final purchase.
The article gives a brief overview of how a home inspection works and how it can affect the sales of a house you are planning to buy.
But first, what is Home Inspection?
A home inspection is a process of inspecting in detail the physical condition of the house you are planning to buy. A licensed home inspector comes to the place and observes every detail for any faults and issues. He then prepares a home inspection report stating the minor and extensive issues that he founds in the house. Home inspectors guide you with their experience of whether you should buy the house or not.
A home inspection is the best defense against buying a property that is not worth your money. No home is perfect, but knowing the faults ahead of time can save you with a lot of time and money in the future.
When can you get a Home Inspection?
There are two types of home inspections. One is the seller’s home inspection, and the other one is the buyer’s home inspection. However, the most common one is the buyers inspection group.
The buyer’s inspection group occurs when the offer on the house is agreed upon by both parties. Then, the buyer can ask for a home inspection before finalizing and closing the deal. The home inspection at this point helps the buyer to negotiate at the price of the house. Also, the buyer can ask for potential repairs from the seller.
On the other hand, the seller’s home inspection occurs before the listing of the house. Seller usually wants a home inspection report so that they can fix any major issues that can cause hindrance in the sale of the house. Common repairs needed after the home inspection can then be repaired beforehand. In this way, the buyer cannot negotiate on the sale price.
Now let’s get started with the question of how to get a Home Inspection?
For the home inspection, you first need to hire a professional Inspector. Make sure you hire a general contractor or home inspector who is recommended by your real estate agent. Also, while hiring a professional in this field, remember to verify the license of the inspector. Most of the home inspection companies in California provide home inspection training to their employees and certify them. Choose the one you think is the most suitable and has years of experience. The professionals have a home inspection checklist to examine areas and things of the house and prepare a report.
Pro-Tip: Key Property Inspection is providing the best home inspection services in Los Angele County.
How much does a Home Inspection Cost?
One of the key questions everyone asks is about the cost of the home inspection. Orange County Home Inspection groups cost you $200-$500 for inspecting a single house. Also, the costs depend upon the size and the location of the house, its age, and its type. It takes almost two to four hours in a detailed inspection of the home.
Things to know before the Home Inspection
However, there are some of things that you should know before the home inspection. The two mains are
- Have Patience
A home inspection can take more time than expected. The inspectors try to look at every corner of the house for faults and issues. Also, they need to verify the legal and general documents of the home. So, it may take time. Have patience in this situation. A home inspection is an essential step, and you can not afford to skip it. Hence, experts recommend that it is not a good idea to disturb the professionals during the inspection process.
- Do not bring kids or pets to the Home Inspection
Bringing kids at the time of the home inspection is not a good idea. You may need to drop your kids at their grandparent’s house and your pets at your house. Kids and pets are a huge distraction for home inspectors. In the presence of them both, home inspectors cannot concentrate and hence try to wind up the inspection process as soon as possible. Also, another issue is that kids and pets can accidentally break something in the house or create a mess. So, remember not to bring your kids or pets along with you during the home inspection.
- Wear right footwear on the Inspection Day
A home inspection is not the right time for the heels. You need to wear some soft shoes or close-toed shoes at the moment of home inspection. The reason is that you may need to follow the home inspector in the house where ever he goes. He may want you to follow him at places such as muddy lawns or damp basements for an inspection. Hence, wearing the right footwear is necessary.
During Home Inspection
An expert home inspector in Orange County takes almost three to four hours to inspect an average-sized house. The home inspectors look for every detail during the home inspection phase. They go through the interior as well as the exterior of the property to look for issues and faults. They also look for any hazardous faults and the legal documents of the home to make sure of everything beforehand. You can ask questions from the home inspector and get a real sense of the condition of the house you are planning to buy.
Here we list down the things that home inspectors look for in the house and the things they do not look.
What does Home Inspectors look for in the house?
Home inspectors have a long checklist which they look for in the house. The major areas and things that home inspectors look for during inspection are as follows.
- Plumbing Issues
- Electricity Issues
- Water Leakage and Damage
- Paint
- Ceiling, Floor, and Walls issue
- HVAC system
- Insects and pests’ issue
- Legal documents issued
- Structural problems of the house
- Smoke issue
What does the Home Inspectors do not look for in the house?
Home inspectors do not check any personal things such as cosmetics, groceries, crockery, etc. unless they pose any safety issue. For example, the home inspector will look for any crack on the wall or water leakage issue that is ruining the furniture. But he won’t report if the corner is the torn carpet or peeling of wallpaper.
After Home Inspection
After the home inspection, the home inspectors must prepare an inspection report. He delivers the home inspection report within three to four working days. The report contains about 15 to 70 pages in general. Home inspection report details about the general condition of the house you are planning to buy. Moreover, the report also states the working condition of everything. It also contains the information of the objects that can affect the safety or the proper functioning of the house.
Furthermore, every problem or flaw comes with an image in the report, proving the existence of the problem.
The most important question at this point is who pays for the repairs after a Home Inspection?
There are two situations. The home buyer can ask the home seller for the necessary repairs in the house he is buying. The other scenario can be that the home seller can choose to repair the issues on his own. But, for the second situation to occur, the potential buyers inspection group negotiates to reduce the price of the house. At this point comes another important question of how home inspection reports affect the sale price.
How Home Inspection effects the Sale?
A home inspection report can result in multiple conditions. Some of them are listed here.
- The home buyer can walk away
If the house buyer walks away after the home inspection, the house seller has to put his house on the market again. He will then wait for the best suitable bid.
- Buyer and seller can negotiate over the Final deal
After the home inspection, the home buyer and seller can negotiate on the closing price of the house. According to the severity of problems and the potential repairs needed, both parties can discuss and balance out the final deal of the house.
- The seller can deny the demands of the buyer
The seller can reject the demands made by the buyer. He may not agree to negotiate the price or make the repairs. In this situation, he will need to put his house on the market and again wait for a suitable bid.
And that’s all about the Home Inspection you need to know!
The purpose of a home inspection is to ensure the safety of home buyers. Also, it is proof that you are investing your money in the right place. Hence, you should choose the best home inspection group in California county for such services.
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