The process of buying a home can often take months. By the time you feel prepared to close on a certain property, you may think you know all there is to know about it. However, it can be difficult to know what to keep an eye out for when examining potential problems and repairs later down the road.
Hiring a home inspector during your home-buying process can ensure that the property you choose is right for you before you move in. A home inspection can also inform what the level of maintenance on the property will be. There are a few key things to keep in mind during the home inspection process to ensure that you are informed and protected when purchasing your home. Our top home inspection tips for buyers in 2023 include:
Understand the Home Inspection Process
A home inspection involves a detailed visual examination and evaluation of a home, and is typically part of the home buying process, though home inspections can be helpful in other situations as well.
In most cases, a home inspector is hired by the prospective buyer, and the inspection occurs prior to closing but after the buyer’s offer has been accepted by the seller.
A home inspection helps to identify potential flaws in the systems within or structure of the home. This helps to ensure that unsuspecting buyers don’t move into a possibly hazardous home. While a home inspection adds a relatively small cost to the buying process, it can save the buyer significant amounts of money, stress, and time in the long run. If the home inspector uncovers problems or the need for necessary repairs during the inspection, the buyer can negotiate with the seller to have the repairs done or offer a lower sale price. The buyer also has the option of backing out of the sale should the inspector discover significant issues with the home.
A home inspector will conduct a thorough examination of all interior and exterior elements of the home, from the roof to the foundation. This includes examining the heating and cooling, plumbing, and electrical systems, as well as all structural elements such as windows, doors, floors, walls, ceilings, and staircases. Once the inspection has been completed, the inspector will create an extensive report that includes the details of all of their findings.
Appreciate the Importance of a Home Inspection
While a home inspection adds another expense to what can already be a costly process, it almost always proves to be money well spent. A home inspection protects the buyer and ensures that they have all the necessary information before committing to one of the biggest purchases of their lifetime. When problems are identified during a pre-close home inspection, those issues are still the responsibility of the seller and must be addressed in some way.
A home inspection also helps to inform the buyer about the projected maintenance costs involved with the home. This extra step during the home buying process helps to ensure that you are moving into a home that is safe, in good condition, and won’t result in significant unwelcome surprises and expenses as time goes on.
Ask The Seller About a Pre-Listing Inspection
Sometimes, a seller will hire a home inspector before they list their home on the market. This can help to protect both the seller and the buyer and can eliminate surprises or failed deals during the selling process. If you are considering or are in the process of purchasing a particular home, ask the seller if they had a pre-listing home inspection done.
A pre-listing home inspection can also help the seller price the property accurately, and give them the opportunity to make any major repairs or replacements before listing the home.
Find the Right Home Inspector
Finding the right home inspector is maybe the most important element of the home inspection process. An accurate and thorough home inspection requires extensive training, expertise, and knowledge on the part of the inspector. When choosing a home inspector, you want to examine their licensing, certifications, experience, and reputation within the industry. A home inspector who has dedicated their time and money to developing their craft and gaining the necessary training and certification will usually be among the most highly recommended in a particular region.
At Building Insights, our inspection services and reports far surpass the standards within the industry. Keith Langlois is a registered home inspector who is qualified through the Ontario Association of Home Inspectors. Keith also brings more than 20 years of experience and expertise to the table and prides himself on providing the highest level of service and integrity. Contact Building Insights for your free quote or to book your home inspection today!