Here’s What You Need To Know About Home Inspections
By: Kyle Spearin
Home inspections are a crucial part of buying or selling a home, which is why it is so important to understand how to navigate them.
Though they play a large role in managing your real estate needs, a lot of people simply don’t understand home inspections or how to effectively navigate them. In this post, we will take the time to discuss what home inspections are and what you need to know to get the most out of them.
What Is A Home Inspection?
A home inspection is a process conducted by a neutral third-party that is designed to evaluate the overall value of a home. These inspections are supposed to benefit both the buyer and seller in a real estate situation. As a seller, passing a home inspection with flying colors can help you to make more when selling your home. As a buyer, it can ensure that the home that you are investing in meets certain standards and is actually worth the asking price. The entire process is built upon transparency and is designed to help everyone get the most value out of the transaction.
How Does A Home Inspection Work?
A home inspection will vary depending on the person conducting it, but that doesn’t mean that it will be irregular in results. In most cases, a home inspector will look for certain key features to ensure that a bare minimum set of standards are being met. This is important because issues with certain home features can force a need for remodeling or even cause problems upon move-in.
In addition to looking for certain key features, a home inspector will focus on evaluating the property as a whole. The general idea is that the home inspector will look for attributes of the home that should directly influence the value of the home. This might mean considering how old certain home features are, or even highlighting additional features that might drive up the price of the home as a whole.
What To Focus On For A Home Inspection
Since home inspections are designed to benefit all parties involved, it is important to know what inspectors will evaluate. As a seller, you will want to ensure that the home is in good shape and has a certain level of care for key features. As a buyer, you will want to focus on what the evaluator is considering and highlight any relevant details that you want them to look out for. There are some key features that inspectors will always look for, as detailed below.
The roof of a home is a crucial part of its overall value. As a seller, you will likely want to consider the value that a new roof might bring. Since an inspector will note a shabby looking roof, it is important to ensure that the roof of the home is not due to be replaced, as this can decrease the value of the home. However, if you have recently replaced the roof, this feature can drive up the value of the home and help you to sell it for a higher price. In all instances, an inspector will consider the condition of the roof and report on it.
Foundation is a tricky home component that can really increase the need for a good inspector. The average person does not understand how to effectively evaluate the foundation of a home, which is why a good inspector will always focus on this component. As a homeowner, you will want to ensure that the foundation is in good standing and does not need to be replaced. A poor foundation can be a costly expense down the line, making it particularly risky for new buyers.
The plumbing of a home can play a significant role in its overall livability. A home with poor or outdated plumbing is a large expense waiting to happen, which is why it is important for a home to be up to date. The state of the plumbing can drastically influence the value and function of a home. Inspectors will look for signs of wear, as well as the age of a system, to ensure that the person who buys a home is not going to spend their savings replacing it the second that they move in.
Overall Home Condition
Above all else, home inspectors will take the time to ensure that a home is completely livable and not going to require a significant investment in the near future. With these inspections, you can expect the inspector to focus on the condition of the home and all of its livability. Home inspectors will evaluate the floors, walls, and ceiling. In many cases, they might consider the usability of windows, porches, and other household features.
Depending on the home inspector that you work with, they might also consider features beyond the key few that might also influence how a family will live in the home. Home inspectors have been known to look for risks, particularly in relation to children or the elderly. Some might also consider the limitations of the yard and how it might function for a pet owner, such as the style of fence. They will consider air-conditioning and heating, the state of the basement if there is one, and might even evaluate the attic.
A home inspection is really just a way to ensure that everything is in good order for the sale of a home.
As a homeowner, you can leverage these inspections to demonstrate the value of investing in your home. As a seller, you can rely on a home inspection to ensure the general quality of the home.
These inspections can vary from one home to the next, so always feel free to ask about certain features if there is something that you would like to highlight with a home inspector. These professionals can help move a home sale along with ease!