Buy or sell property

How to read a home inspection report?

  1. Focus on the summary page. The first few pages after the cover page (that has a picture of the property as well as basic info) should be a Report Summary.
  2. Skip to the details.
  3. Remember the scope.
  4. Give it a thorough read-through.
  5. Ask questions.
  6. Determine how to proceed.

What do they look for in a home inspection report?

  1. Water Damage.
  2. Your Home’s Structural Integrity.
  3. Damage to the Roof.
  4. Problems with Your Home’s Electrical System.
  5. Plumbing Related Problems.
  6. Insect and Pest Infestations.
  7. Trouble with the Home’s HVAC System.

What things fail a home inspection?

  1. Problem #1: Rundown roofing.
  2. Problem #2: Drainage issues.
  3. Problem #3: Faulty foundation.
  4. Problem #4: Plumbing problems.
  5. Problem #5: Pest infestations.
  6. Problem #6: Hidden mold.
  7. Problem #7: Failing heating systems.
  8. Problem#8: Electrical wiring.

What is normal for a home inspection?

The standard home inspector’s report will cover the condition of the home’s heating system; central air conditioning system (temperature permitting); interior plumbing system; electrical system; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; and the foundation, basement and …

What is a bad home inspection?

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Latent Defects or Hidden Issues The common problems home inspectors encounter and often not disclosed by the seller include but are not limited to: Electrical problems. Foundation cracks and leaks. Previous basement flooding and/or water damage.

What fixes are mandatory after a home inspection?

  1. Mold or water damage.
  2. Pest or wildlife infestation.
  3. Fire or electrical hazards.
  4. Toxic or chemical hazards.
  5. Major structural hazards or building code violations.
  6. Trip hazards.

What are the biggest red flags in a home inspection?

Potential red flags that can arise during a property home inspection include evidence of water damage, structural defects, problems with the plumbing or electrical systems, as well as mold and pest infestations. The presence of one or more of these issues could be a dealbreaker for some buyers.

What is a deal breaker in a home inspection?

Home inspection deal breakers are deficiencies discovered that alters the client’s decision to purchase a house. Examples include structural damage, roof damage, and aging electrical, plumbing, and mechanical systems. Environmental issues such as lead-based paint, asbestos, and mold can also be a deal breaker.

Do home Inspectors always find something wrong?

“The first thing for people to realize when selling their house is the inspector is always going to find something wrong,” said David Tamny, owner of Professional Property Inspection in Columbus, Ohio. … Still, it’s in a seller’s best interest to have the home as ready as possible before the inspection.

What happens during a home inspection when selling a house?

A home inspector will look at things like a home’s foundation, structural components, roof, HVAC, plumbing, and electrical systems, then provide a written home inspection report with results. A home inspection generally takes two to four hours, but may take more time depending on the size of the house.

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Should I give seller copy of the home inspection?

The seller shall have the right, upon request, to receive without charge a copy of a home inspection report from the person for whom it was prepared. The inspector may not provide the report or even discuss the findings with the seller or listing agent unless the client were to provide written permission.

How do you negotiate a home inspection repair?

  1. Review the report with your real estate agent.
  2. Prioritize repairs by cost and severity.
  3. Don’t sweat the small stuff.
  4. Request concessions for major items.
  5. Get quotes from contractors.
  6. Take the market into consideration.
  7. Know what “as-is” means.

How long does a house inspection take?

It depends upon the size of the home and the number of rooms. An average inspection takes about 2-2½ hours (1-1½ hours for a condo). The time is well-spent considering there are more than 500 components in the average home.

Can home Inspectors lie?

State regulations also generally discourage this: California, for example, says it’s an “unfair business practice” for a home inspector to do such work, or to accept a fee for referring the owner to another contractor. Still, self-dealing and kickbacks can sometimes occur.

What should I ask seller to fix after inspection?

  1. Which repairs are mandatory?
  2. How much will repairs cost?
  3. Do you have to hire a professional or can you DIY the repairs?
  4. How much credit will you have to offer if you don’t opt to do the repairs before closing?

Do home Inspectors check for termites?

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The inspector will look at the interior and exterior areas of your home, checking for visible signs of a termite infestation, which include: droppings, broken wings, mud tubes, and damaged wood. The inspector will check your baseboards, walls, windows, crawl spaces, door frames, insides of cabinets and closets.

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