What is the Home inspection process?
For the seller of the home, the home inspection if one of the most dreaded processes of the home selling process! It ranks right up there with having your wisdom teeth pulled!
But, it’s a necessary process with the sale of most homes, and a requirement of homes that will have a new mortgage.
If a person is paying cash for a home they can waive the home inspection process and just take their chances. I don’t recommend this, but it is possible.
Read below to find out more about the Home Inspection Process and watch the video below.
The Home Inspection Process
95% of purchased homes go through an inspection before closing, but that doesn’t make the home inspection process any less of a mystery for sellers who aren’t usually invited to attend this appointment.
Let me begin by telling you the home inspection is not a pass or fail process.
The Home Inspectors have been through hundreds of hours of training in their field and have worked as an apprentice of a more experienced home inspector for a time, prior to taking the State Home Inspectors test. They are all licensed professionals by the State of Arizona.
While the seller can find the home inspection unnerving, they need to understand that the buyer is about to make one of the largest purchases they will ever make, so the buyer wants to make sure the home is in good condition, or can at least be repaired to a good condition.
I always explain to the buyers that I am representing that the home inspection report is going to come back with many negative points about the house, but this is to be expected because the house is not a new house.
I further explain that if they are expecting this formerly lived-in home to be like a ‘new house’ they need to step up and buy a brand new, never lived in home.
The home inspector is going to look at many points of the house:
The foundation, the exterior of the house and grounds, the main electrical panel, the gas lines if the house has gas, the plumbing, water pressure, the roof and sewer lines (that are visible.)
The home inspector will check the attic, cabinets, flooring, drywall, air conditioning system, heating system, and appliances. The inspection will check for any damage to the home from storms or past tragedies (such as a fire or flood.)
With all of these checks, the home inspector will try to answer three questions?
Are there any major functional defects? Are there any material defects? Are there any health and safety concerns?
The home inspector will prepare his/her report and then walk the buyer and buyer’s real estate agent through the findings.
A copy of the Home Inspection report is emailed to the buyer and the buyer’s agent.
The home inspection usually takes 2-3 hours and it’s best that the seller of the home is not home during this process so that the inspector can easily perform his task.
If you are the seller of the home get your house ready for the home inspection and be sure to clean your house before the inspector comes by. Clear the pathway underneath your cabinets so the inspector can more easily reach things they will need to inspect.
The home inspection normally costs about $400 for a 2000 SF home, and the buyer is the one who pays for the home inspection.
Next, you’ll want to read or watch the video about the Buyer’s Inspection and Seller’s Response, or BINSR.
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