If you're looking to buy a home, you should make sure that your dream home is checked by an expert home inspector. Why? Because a home inspector can provide you with a detailed report of the overall condition of your house. You'll receive a thoroughly independent and impartial view you cannot get from a walk-through by your realtor.
A home inspection will evaluate the physical condition of the house that includes the building structure, the overall structure, and the mechanical, plumbing as well as electrical system. The report of your inspector will estimate the remaining life expectancy of the main equipment and systems. It can also assist in identifying areas that need replacing or repair.
Be aware of this crucial point
Appraisals and home inspections are two distinct items. Appraisals are made by lenders. They are required to determine how much value is worth to the house and to ensure that it's viable for sale. Appraisals help to ensure that the home conforms to minimum standards of property and standards if it's an FHA loan
In contrast the home inspection report is to you, the potential buyer. The report gives you a clear picture of the property's condition. The report is not meant to provide an inventory of negatives but instead is designed to provide you with an objective perspective to assist you to decide in determining whether you want to buy the property.
Provides Require Information
The report isn't a "pass or fail" card, but it provides you with the information you require. The report isn't meant to favor the home's buyer or seller. It should provide you with the strengths and weaknesses of the house. It is the home inspector's aim to share his findings in a manner that is objective and true.
What happens if the inspector discovers problems on the property? You might be thinking, if you purchase a house that is financed with FHA financing, can FHA assure the quality and value of the property? In a nutshell, no. Remember this. If you discover problems in your new house after close, FHA cannot give or loan your money to make repairs. They are also unable to purchase the property to you. This highlights the importance of conducting a thorough, independent home inspection conducted on the property before when you purchase.
Earlier Inspection Report
Another important aspect to be aware of. Do not accept a report from an earlier inspection of the house. A fresh inspection of the home must be performed to ensure the condition of the house is recorded in a precise manner for you.
Although your agent might appear as if he's a hero in saving you money when he passes along the report of a previous inspection, he's not. The reports of home inspections are considered confidential for buyers who requested the inspection. Also, things may change and the report may not accurately reflect the condition of the house at the time you wish to purchase it.
Conclusion
If you are relying on an earlier-conducted inspection before you buy and then move into your new home. What happens if the roof leaks or your air conditioner isn't cooling correctly? The homeowner is stuck with costly repairs because of a lack of documentation. It wouldn't be an issue had you were able to have a new construction inspection. Perhaps the system worked perfectly at the time of an earlier inspection. If that's the case the inspector isn't blamed for the problem. In addition, the issue is made more difficult because you were not the person who hired the inspector in the first place.
If you don't receive an inspection report from an inspection you have just completed and report, the information you require to make a purchase decision may be incomplete or incorrect. When you hire a home inspector to perform an inspection of your home is in your best interests.
