When purchasing a home, it is easy to get overwhelmed by the entire process. Not only do you have to find a qualified real estate agent to assist with the process, but you will also need to work with a number of other professionals throughout the purchasing process.
One of these experts is the home inspector. In order to ensure you get the most out of your home inspection, however, it is important to learn more about the process and how it might affect your home purchase.
What is a Home Inspection?
As the name implies, a home inspection involves reviewing the condition of the home in order to determine what types of repairs might be necessary. Items that are typically inspected as part of the process include:
- Central air conditioning system
- Electrical systems
- Heating system
Many home inspectors will also allow additional services to be included in the inspection process. Additional tests that might be added to the inspection include radon testing, mold testing and water testing. Don't be worried if you're home doesn't receive all of these tests as they are often regional in inclusion. For example, homes in Atlanta may not require the same tests as Bethesda real estate, simply because of the prevalence of different problems in different regions.
Why Should I Get a Home Inspection?
While a home inspection does not serve as a guarantee that you won't encounter problems with your home, it does provide you with an effective bargaining chip when negotiating the purchase. If there are problems with the home, for example, you might insist upon having those problems corrected before you will finalize the deal. Or, you might negotiate a lower price in response to the problems the home inspector found.
In addition to having a bargaining chip, getting your home inspected will also help to protect your safety. While home inspectors do not check whether or not the home and its systems meet local building codes, they will report any safety concerns they find during the inspection. With this information, you can take the steps necessary to make your home safe before you move in.
Do I Have to Attend the Home Inspection?
While you do not have to attend the home inspection, it can be helpful to be present while the inspector does his or her job. This way, the inspector can explain the problems he or she encounters and can answer any questions you might have. Even if no problems are encountered, attending the inspection can help you become more familiar with your future home.
Will the Home Inspector Offer a Warranty?
In some cases, home inspectors offer 90 day warranties that cover certain items. It is important to note that these warranties are less comprehensive than those that are sometimes presented by real estate agents. Therefore, if you are interested in obtaining a warranty, it is important to explore all of your options to ensure you are getting the warranty that best suits your needs.
About The Author - Kevin Koitz is a Washington DC native and specializes in Georgetown real estate.