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You’ve searched for the perfect home and have found one within your price range in a great school district located in a neighborhood where everyone seems friendly. Before you grab a pen to sign an agreement of sale make sure that a home inspection clause is included in the agreement. This will provide you with options if you are unhappy with the condition of the home.
In addition to the up to three home inspectors your REALTOR® may suggest, you can always log on to the American Society of Home Inspectors (ASHI) web site at http://www.ashi.org/. ASHI Associates are required to conduct inspections in accordance with ASHI Standards of Practice and Code of Ethics which prohibit engaging in conflict-of-interest activities that may compromise their objectivity.
One of the questions homebuyers ask most often is “Can a house fail a home inspection?” The answer is no. A home inspection is just that – a physical inspection of the home. It does not determine a market value or check if the home has met municipality codes. A home inspector’s report to you will describe in detail the physical condition of the house and anything that may need repair or replacement. Some inspectors also include suggestions on how to prevent future problems such as removing a large tree close to the home that may some day affect the foundation.
“Homebuyers frequently ask their REALTORS® if a home inspection is necessary,” says Rosemary Scardina, Chief Executive Officer of the Lehigh Valley Association of REALTORS®. “Some homebuyers feel that they can inspect the home themselves, but LVAR recommends hiring a home inspector for a professional, objective view. If you really want a home sometimes emotions get in the way and components needing repair or replacement are overlooked.” Scardina also notes that a roof or foundation may look good to a consumer while a professional has the expertise to investigate and determine a potential problem.
Although it is not necessary to accompany your home inspector while he is doing the inspection, you may gain insight on the property and you’ll have the opportunity to ask questions if you are on site. According to ASHI, “the standard home inspector’s report will cover the condition of the home’s heating system; central air conditioning system (temperature pending); interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement and structural components.”
The cost of a home inspection varies dependent on the size of the house and its age as well as the addition of other services. Many home inspectors also offer septic, well and radon testing.
“A home inspection is an excellent tool in learning the condition of your prospective new home when agreeing to purchase it,” adds Scardina.
This article is provided courtesy of the members of the Lehigh Valley Association of REALTORS®. Visit us at www.lehighvalleyarea.com and check out our open houses at www.lehighvalleyopenhouses.biz |