Do I need a home inspection?
Yes! Buying a home “as is” is a risky proposition. Major repairs on homes can amount to tens of thousands (or in extreme cases hundreds of thousands) of dollars. Plumbing, electrical and roof problems represent significant and complex systems that are expensive to fix.
What’s a home inspection?A home inspection is when a paid professional inspector inspects the home, searching for defects or other problems that might plague the owner later on. They are often paid for by the buyer. (On occasion a seller may get some inspections done prior to listing.) The inspection usually takes place after a purchase contract between buyer and seller has been signed.
How do I find a home inspector?Your Realtor is an excellent source for referrals. Inspectors can also be found online. Ask for the inspector’s credentials and check out their references. The American Society of Home Inspectors (ASHI) has developed formal inspection guidelines and a professional code of ethics for its members. Membership to ASHI is not automatic; proven field experience and technical knowledge of structures and their various systems and appliances are a prerequisite. Rates for the service vary greatly. Many inspectors charge about $400-800, but costs go up with the scope of the inspection.
What is a sewer lateral inspection?A homeowner is responsible for their sewer line from the house to the City connection in the street. The condition of the sewer line can very greatly, so this is an important inspection as well, as possibly needed repairs or a replacement can run from a few hundred dollars to $15,000.
What is involved in a termite inspection?A termite company inspects the property for termites and dry rot damage. The Section 1 work on a termite report is related to active infestation at the property. Remedies include fumigation (or alternative treatments), treating subterranean termites in the ground and dry rot repairs to wood pieces around the home like fascia, door/window jambs and other exterior wood items.