What is a Home Inspection?
A home inspection is a professional, objective, visual
examination of the condition of a home. Home buyers now entering
the marketplace view inspections as a way to gain valuable
information about the biggest purchase of their lifetime. It
helps them to determine whether there are any major defects or
system inadequacies at the time of purchase.
In most cases, home inspections are performed after a sales
contract, conditional upon a satisfactory home inspection, has
been accepted by the seller. The inspection can usually be
arranged immediately to within a few days. The home buyer is
typically encouraged to attend the inspection, so that he/she
can see first hand the workings of the home. It also represents
an excellent opportunity for the prospective buyer to ask
questions about the home or to discuss potential changes.
Home inspections should also highlight the positive aspects of a
home. In fact, many of the home inspector's observations or
recommendations help to dispel home purchaser anxieties, and
provide useful repair suggestions.
The home inspector's service to the purchaser is primarily one
of education. The goal of the inspector is to provide the
purchaser with a better understanding of the physical condition
of the home in order that they can make a well-informed
decision. It is also the inspector's role to keep his findings
in perspective for the buyer. After the inspection is completed,
a written report should be prepared for the home buyer,
documenting the results of the inspection, along with an
estimation of repair time frames and costs.
The home inspection should not be confused with an appraisal, a
municipal code inspection, an environmental audit, or a home
owner's warranty.
A complete home inspection should cover all of the major systems
of a house, including structure, exterior, roofing, electrical,
heating, cooling, insulation, plumbing and interior. As a
minimum, an inspection should meet the Standards of Practice of
the National Association of Home Inspectors (NAHI).
Consumers should be very careful when shopping for a home
inspector. The industry on the whole is unregulated and many
unqualified people offer home inspection services.
