What You Need to Know About Home Inspections

Having your home inspected before purchase is thecannot "fail" an inspection, but rather it describes its
best way to minimize unpleasant surprises andphysical condition and indicates what needs to be
unexpected difficulties. A home inspection can helprepaired.
you identify the need for repairs, maintenance, andTypically, a home inspection is done soon after the
possibly preventative measures to avoid futurepurchase agreement is signed. However, before you
problems.sign you should be sure that there is an inspection
Standard Inspectionclause in the contract. This can be done on a
The standard home inspection report typically coverscontingency with the final purchase based on a
the condition of the home's heating and central airprofessional home inspection and should specify the
conditioning system; interior plumbing and electricalterms to which the buyer and seller are obligated.
systems; the roof, attic and visible insulation; walls,Common Home Defects
ceilings, floors, windows and doors; the foundation,Some of the most common defects and repair issues
basement and structural components. Regulationsthat home inspectors see are:
vary from state to state, so be sure to know thePoor drainage due to poor gutters and downspouts;
requirements. For more information regardingfaulty wiring due to an out-of-date electrical system;
inspection standards, visit American Society of Homeleaky roofs; unsafe heating systems; minor structural
Inspectors.damage; plumbing issues; inadequate ventilation; and
The fee for inspection varies depending on the sizeenvironmental hazards.
and age of your home, its location, and the additionWhat to Do in Case of Defects
of optional services like septic, well, and radon testing.Some defects are serious, while others can be slight
Expect to spend at least a several hundred dollars forand an inspector can help you decide whether or not
an adequate inspection. Other additional inspectionsyou need to act on the defects. Disclosure laws vary
include, lead (required for homes built before 1978),from state to state and can range from voluntary
environmental hazards (asbestos, formaldehyde, andseller disclosure to mandatory seller disclosure
petroleum), and soil (condition of soil aroundquestionnaires. At least thirty states require the seller
foundation and retaining walls).provide information to the buyer about the condition
Be aware that a home inspection is not a pass/failof the home. To determine disclosure laws in your
examination. It is not an appraisal or a municipalstate, click here for more information.
inspection to verify code compliance. Your home