HOME
INSPECTION GIVES BUYER PEACE OF MIND By Robert Iseppi (Special to the
Windsor Star)
Home inspections are an essential component
of real estate transactions for millions of buyers, sellers, and realtors.
Whether you are shopping for a previously owned or brand new home, an inspection
provides insight into the condition of the home you are buying. If you are
putting your house on the market, an inspection helps to hasten the sale and can
generate a higher price.
In essence, a home inspection is a visual examination of a house and property.
When performed by a qualified professional, it includes the following:
*
a thorough visual inspection of
the structure (inside and out, from roof to foundation);
*
an examination of major systems
(plumbing, electrical, heating, cooling);
*
an objective evaluation of the
condition of over 400 items;
*
a report (written or printed)
covering all findings and identifying potential concerns
While there is no formal
licensing of home inspectors at this time, reputable companies adhere to the
rigid standards of practice established by the Canadian Association of Home
Inspectors. Qualified inspection companies will provide a sample report to show
that they abide by industry standards. One of the key standards is that ethical
inspectors neither perform repairs nor refer clients to repair companies (thus
avoiding conflict of interest). Obviously, inspectors who make repairs on homes
they inspect are more likely to find defects.
Accompany Inspector Once you have arranged for a home
inspection, plan to accompany the inspector for the entire procedure. You have
the right to be there, and leading home inspection companies will encourage you
to be present. Being there helps you to better understand the findings in the
report and will reduce post closing hassles. Do not forget to bring a list of
questions or concerns. A thorough home inspection will cover many items,
everything from the foundation to the roof and will take two to three hours on
average, based on the size of the home. The report should reflect the condition
of all these items. To help you choose a qualified
home inspection company that will conduct a thorough inspection of a property,
and provide you with an objective report of its condition use the following
guidelines:
*
Do you follow industry
standards?
*
Are you a full time home
inspection company?
*
May I attend the inspection?
*
How much time will the
inspection take?
*
When will the report be ready?
*
What will be inspected?
*
What will I receive with the
inspection?
*
Do you carry errors and
omissions and general liability insurance?
Buying a home is largely an
emotional experience. Sometimes, it's love at first sight. But often love is
blind and many buyers learn too late of such unseen conditions as leaking
foundations, deteriorated plumbing, worn-out heating system, and dangerous
wiring. A home inspection can help the home buyer avoid costly mistakes and
provide them with peace of mind. It also allows the seller of a home to showcase
the good things about their home to the potential buyer. In general, home
inspection will help you find the home that is right for you and alert you to
any potential concerns or problems prior to closing the deal.
Robert Iseppi
is a licensed home inspector in Windsor.