Everything You Need to Know About Home Inspections

Homeowners want to take pride in their homes. It is all yours and you bear responsibility. Many homeowners leave no stone unturned when it comes to renovations and repairs. Whether you try to do all the home repairs yourself or hire a professional, it is important to stay on top of issues. If they are neglected for too long, they can escalate and turn into much larger problems. You might notice blighted properties and homes in disarray in your town. This might make you feel better about your own residence, but it might also make you fear that your home might eventually fall apart. Your home is where you will spend most of your days. We want our homes to be, not just livable, but comfortable and warm. That is why upkeep and repairs are imperative.

There are a number of benefits to quality home renovations. First, they will give you peace of mind and reduce stress. Since you are the one living there, you want to live in comfort and convenience. They will also help raise the property value of your home and the neighborhood at-large. If you are a part of a homeowner’s association, you may be encouraged or even required to make repairs. You don’t want to stick out like a sore thumb where people refer to your home as “that house.” Your neighbors will certainly appreciate it. Nobody wants to drive by an eyesore every day. You do not need to live in fear, worrying that even the slightest procrastination on a project will lead to a condemned home. Making sure that a home is in tip-top shape is not just an issue for homeowners themselves. Someone buying a home has even more incentive to make sure things are taken care of. If you are purchasing a new home, there are a number of plans you should implement. The first such plan should be to conduct a home inspection.

Home Inspection

A home inspection is a report that evaluates a home’s condition, highlighting any potential concerns for the owner. A home inspection will cover the entirety of the home. Among the most important evaluations include the heating system, roofing, floors, foundation, windows, attic, basement and more. Realistic homebuyers should already presume that they will be investing in home improvement projects. Having to invest in numerous renovations in addition to purchasing the home can cause a great financial burden. With a proper home inspection, you can provide yourself with the necessary resources to make an informed decision. You can use the report in your negotiations with the seller. This report will let you decide if choosing this home is worth it or not. Many homeowners speak favorably about their home inspections. Over 60% of homeowners agree that having an inspection saved them a plentiful amount of money. Purchasing a home is one of the biggest decisions you can make. Getting all your ducks in a row is imperative.

The Home Inspection Process

For anyone conducting a home inspection, whether they are buyers or sellers, have a lot of questions. The process can be a nerve-racking endeavor. The inspection lasts anywhere from two to four hours. The inspector will closely examine nearly every inch of the property. In addition to highlighting all issues and concerns, there are many other benefits to a home inspection. One such benefit is the finding of any illegal or unpermitted additions or installations. This could have a negative effect on your insurance and taxes. The buyer would have to spend even more on bringing everything up to code. A home inspection can also help with home security. Homeowners value security and protecting their families. While we should not live in fear, it is advised to be smart and proactive. Your home inspector can identify any possible security concerns. Such concerns include broken locks, damaged latches, and entrances that can be easily breached due to wear and tear. Since most homeowners place security at or near the top of priorities, this is vitally important.

Home inspections can save you money

A would-be buyer may be turned off of a home inspection. They may feel that they can do it themselves. The funny thing is that a home inspection could wind up saving you money. As has been mentioned, the advantages and savings incurred from a proper home inspection can give you a step up in the buying process. Home inspectors are a license and trained in their field. You may think that you can identify all those issues, but a trained inspector can give an even more in-depth analysis of the situation. They are trained to identify even the most obscure of problems. The average person may be able to find obvious deficiencies but be oblivious to the others. You’d be surprised at what “minor” issues can have on your home’s quality. Take taxes, for example. You might be able to easily calculate your tax return, but a professional tax preparer could identify more savings that you previously missed. A professional home inspector is like the accountant of your home. The do-it-yourself method can be useful in many different aspects, but sometimes it is best to leave it to the professionals.

Identifying problems

The main point of home inspections is identifying a problem. With this information, would-be buyers can decide what plan of action they should implement. They can decide whether it is worth buying the house or not. They can set out a budget. There is any number of issues you might face. A common issue that buyers face is with the roof. Over time the roof can go through wear and tear. Rain is a significant contributing factor. Just one inch of rain can dump as much as 1,500 gallons of water on to your roof. Eventually, this will call for repairs. Your insurance company may even require you to fix it insufficient time. These repairs will raise your resale value and have an effect on your homeowner’s insurance There are many reasons to get a roof replacement, including resale value, appearances, and longer warranties. There are also new roofing products that are longer lasting and better for the environment.

Mold

Mold is a pesky little nuisance that can severely damage your home. It is fast-moving. In two days-time, mold can quickly emerge and spread throughout your home. Failure to address the issue can result in expensive and devastating consequences. Mold most often grows in damp environments. According to the National Capital Poison Center, mold in your home can have negative effects on respiratory illnesses, headaches, and sinuses. Studies have shown the correlation between mold and breathing ailments. Addressing any mold issues early on can have a profound effect on your health. As with any home issue, it is important to nip it in the bud before it snowballs. Say you went to the doctor, for example, and he told you that your blood pressure was slightly high. You might think that it’s not a big deal. You should listen to all the suggestions he has to lower it. While a slightly high blood pressure may not kill you, if it gets worse it could have severe consequences. Addressing the mold issue before it gets out of hand is a smart move. Mold is not the only hazard facing your home. Carbon Monoxide and radon testing can also be included as part of your home inspection. If carbon monoxide, radon and/or mold is detected, you could add in an opt-out clause in your contract.

Plumbing

Many consider indoor plumbing one of the greatest modern inventions. Anyone who needs to make a midnight bathroom run is certainly grateful for this innovation. Plumbing is one of the most important facets of home renovation. Faulty or substandard plumbing can have devasting consequences and prove to be extra expensive for the buyer. Checking on the plumbing is another vitally important phase of the home inspection. If you are buying an older home, you face the risk of inadequate plumbing. Rusty pipes can contaminate the water. This is the very water that you drink, wash and bathe in. The health effects are damaging. This can be of greater concern if there are young children, elderly or those in ill health living in your home. Rusty pipes are not the only problem. Weak and leaky pipes could result in thousands of dollars in damage from flooding. Abnormal water pressure, whether it’s too high or too low, can also be an annoyance that’s worth addressing. Another challenge for your plumbing involves your hot water heater. If your hot water heater is faulty, there are a variety of different reasons for its failure. These reasons include corrosion and sediment buildup, a failure with the heating element, shoddy installation, equipment failures and more. Any quality home inspector should be able to identify these issues and help you devise a plan.

Recommendations

Your home inspector can be a valuable resource. After the inspection report, you may decide to hire some professionals to make the necessary repairs. Your inspector might have some recommendations for you. Home inspectors, especially those who have years of experience, have likely worked with numerous other contractors. They might be able to recommend a plumber, electrician, exterminator, etc. to you. Since their livelihood is built on reputation, they will not want to steer you in the wrong direction. The more experienced inspectors have likely worked with numerous contractors from all the different trades. They have a unique ability to identify exceptional and not so exceptional work. This could also work both ways. If you had a favorable experience with your inspector, you could recommend them to any other home buyers you know.

Settling into your home

Once the inspection has been made and you close on the sale, it is finally time to move in. This can be an exciting experience. There is still much to do. Moving your belongings, cleaning and purchasing new furniture are just some of the final steps.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.