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Buying or Selling? What to Expect During the Home Inspection


Posted: October 02, 2018 by Anna Jotham

Whether you are buying a new home or selling your home, the home inspection can be a worry-inducing step in the process. That’s completely natural. After all, an inspector could uncover anything from major plumbing and mold issues to the need for a new roof, to seemingly minor recommendations that slowly and steadily add up. 

For buyers, the findings could mean more negotiation is necessary. For sellers, the findings of a home inspection could be money out of your pocket, or worse, the withdrawal of an offer and a trip back to square one.

No matter what skin is in the game, everyone wants and needs to know what to expect during a home inspection. So let’s take a look.

 

WHEN IT COMES TO A HOME INSPECTION, HERE'S WHAT YOU SHOULD EXPECT:

  • The buyer foots the bill. 
    The property buyer selects and hires the inspector and pays for the inspection. (If you’re in the midst of this process and need help finding an inspector, your Realtor can make recommendations on reputable inspectors in your area.) And in the end, the buyer receives a report with recommendations for maintenance.

    We recommend, however, that sellers hire their own inspector before they put their home on the market. That helps you avoid surprises, price your property correctly and take the steam out of additional negotiations. Again, your Realtor can help with this process.


  • The inspection covers a house from top to bottom
    A home inspector is likely to take two or three hours, on average, to take an in-depth look at the property. Why does it take so long? The inspector has much to examine, from top to bottom. They’ll look at not only the internal systems of the home, but also the structure itself. Here are some aspects of the property a good home inspector will assess.

    - Internal systems: plumbing, heating, cooling and electrical systems
    - Structure: windows, doors, roofing, foundation, walls, ceilings and flooring
    - Attic and basement

    Of course a house is a complex ecosystem, and while an inspection can give an overview and may uncover some seemingly hidden issues, a standard inspection has its limits. For example, there could be issues in areas that an inspector can’t access, like a septic system. If you are buying a home, you may want to consider additional inspections for areas a standard inspection can’t reach.


  • The home inspector’s findings are explained
    When the inspection is done, the buyer will receive a report of the findings. Problem areas and recommendations will be noted, and it’s standard to have many deficiencies noted. Homes, especially older homes, may have many detailed deficiencies. If any of the findings are unclear, you can ask for clarification.


  • The home inspection results are in: now, final steps
    Both the buyer and the seller can move forward with the peace of mind that comes with having a full understanding of the property and its nuances.



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