f you have purchased a major defects. A good home
home or are considering inspection will usually last 3-5
buying a home, then you’ve hours depending on the size and
probably heard about home condition of the property.
inspections. So what exactly is a
home inspection, when does a home When Does a Home Inspection
inspection occur, how much does Occur?
it cost, how can the information
uncovered by an inspection be Homebuyers often request a home
used, and how can you find an inspection as a contingency to
inspector? purchasing a home. For example, a
buyer making an offer to purchase
What is a Home Inspection? a home may require that the home
undergo inspection either before
A home inspection is a through the offer is made, or more
examination of the physical likely, before the contract takes
condition of a home by a full effect.
qualified inspector. The product
of a home inspection is usually a How Much Does an Inspection
detailed written report Costs?
describing the condition of a
home’s major systems such as The cost of an inspection is
structural elements, mechanical often linked to the size of a
systems, appliances, plumbing, property and varies by region of
heating, air conditioning, roof, the country. For a typical
visible water leaks and damage, three-bedroom house, a standard
electrical systems, etc. A home home inspection will probably
inspection often reveals problems cost between $300 to $500. The
in a property, which are inspection industry is a
sometimes minor and sometimes competitive business, so get a
few bids before selecting an the seller reduce the price of a
inspector. home consistent with the cost of
repairs, or in some
How Can Information From an circumstances, the buyer may wish
Inspection be Used? to cancel the contract
altogether.
A buyer typically makes an offer
on a property contingent upon a Find a Good Inspector
satisfactory home inspection that
does not uncover significant The qualifications of home
defects. One of the most valuable inspectors vary greatly. In some
parts of the inspection report is states, inspectors must be
that it provides an estimate of licensed by the State, while no
the remaining useful life of a verified qualifications are
home’s major systems. A buyer can required in other states. One of
use this information, as well as the best ways to find a good
other defects identified, to inspector is to ask for referrals
renegotiate the price and other from you friends and your real
terms of their offer. During estate agent. They are likely to
renegotiations, a buyer can provide you with a list of people
request that either repairs be who they have had positive
made at the seller’s expense experiences with.
prior to close of escrow, or that
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Rancho Santa Fe Homes
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