Once your offer is accepted, it’s time for the home inspection, testing and any other evaluations you might deem necessary or just decide to have. Please note that there are time frames associated with the inspection and further testing and evaluations. These time frames will be included in the offer. In the event that additional time is needed, an extension should be requested for that purpose. If you are considering waiving your right to have a home inspection, confirm with your mortgage professional as to whether you have that option for your type of loan. But for all intents and purposes of providing you with what typically happens, let’s go down the road of having an inspection.
Your real estate professional should discuss the purpose for the home inspection and any testing or evaluations you may decide to have performed. They can also provide you with a list of reputable inspectors.
A qualified home inspector will take an objective look at your potential new home and provide you with detailed information that will assist you in making informed decisions. The inspection will include an evaluation of the physical condition of the property which will include the structure and construction of the property. The mechanical systems will also be evaluated which will include the heating/cooling system, the electrical system and the plumbing system. The inspector will evaluate the roof and point out any health and safety deficiencies found in the property. The inspector will appropriately provide an estimate on the useful life remaining on items where applicable.
The inspector will provide you with a detailed report which will document the findings along with recommendations for repairs, replacements or further evaluations. REMEMBER a home inspector can only responsibly report on what can be seen and cannot provide estimates on what a job could cost.