Home Inspection Checklist For Buyers

If one could go on looks alone, purchasing a house would be an easy decision. It is because what you see is what you would get. But alas! Buying a house is not that simple. You can look at what is in front of your eyes, but what about that which is not visible? You cannot see the foundation or the plumbing. Neither can you have a peep at the wiring and faults in the appliances. This is why getting a home inspection Checklist for buyers is imperative.

Home Inspection Checklist For Buyers

A home inspection is a non-invasive assessment of the home. It involves the buyer hiring a professional to inspect the home under consideration. He or she then prepares a report that summarizes the home’s status according to the present condition of things, those that require immediate attention, and those that will demand maintenance once you move in.

Difference Between Home Inspector And Real Estate Appraiser

A home inspector and a real estate appraiser serve distinct yet crucial roles in the process of buying or selling a property. A home inspector is responsible for assessing the physical condition of a house, identifying potential issues, defects, and safety concerns.

Their primary objective is to provide a comprehensive inspection report to the buyer, enabling them to make informed decisions about the property's condition. On the other hand, a real estate appraiser determines the market value of a property by evaluating various factors such as the property's location, condition, and recent comparable sales in the area.

The appraiser's assessment is essential for both buyers and lenders, as it helps ensure that the property's price aligns with its market value, a crucial step in securing financing for the purchase. In summary, while a home inspector focuses on the property's physical condition, a real estate appraiser concentrates on its monetary value in the market

Things Covered Under Home Inspection

Broadly, a home inspection can be covered under the following.

What Basic Home Inspection Does Not Cover

A home inspector cannot do all the checks. Some inspections can only be carried out by experts in that particular field. A regular home inspection will not cover –

Inspection Is the Buyers Responsibility

An important aspect that often gets overlooked is that the home inspection is the buyer’s responsibility and not that of the seller or the real estate agent. While budgeting for a new home, keep in mind the cost of the inspection, as well, which can cost up to the equivalent of one mortgage payment. Finding later, once the ink has dried, that your dream house was actually Pandora’s box would hit your finances hard. When buying a new house, get a certified home inspector to assess it for you. Ideally, this should happen before you reach the settlement table for signing the purchase agreement. 

How To Find A Home Inspector

Ideally, your real estate agent would have a list of reliable and qualified home inspectors. You can also ask your friends and family for recommendations. No matter how you find your home inspector, always check their credentials. 

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