The Basics of Home Inspections
Ready to buy your first new home? It’s a lot of money and a big commitment, but homeownership is overall a delight. One critical component of the transaction is the home inspection. Since you’re new to the process, here are the basics you need to know about home check inspections in Philadelphia, PA:
What is a Home Inspection?
A home inspection is a detailed, objective examination of a house’s systems and structure done by a third party. The buyer often hires Home inspectors before closing a home sale to check the home for significant defects or safety issues. The final inspection report contains a general overview of the findings and photos, analysis, and recommendations.
Why Do You Need an Inspection?
Purchasing a home is likely the most significant investment you will ever make. A home inspection adds value in the following ways:
- Minimizes the risk of unpleasant surprises (many of which can be very costly)
- Identifies issues that need to be resolved before closing
- Increases your negotiating power
- It helps you budget for future maintenance and repairs
- It gives you peace of mind
What do Home Inspectors Inspect?
The typical home inspection covers the following:
- Interior plumbing
- Visible insulation
- Visible electrical system
- Wall, ceilings, and floors
- Windows and doors
- Major hardscaping and landscaping
The following items are generally excluded:
- Locked areas
- Blocked areas
- Any areas the inspector cannot access safely
- Code compliance
- Nonvisible components such as underground plumbing and pipes, wires, and insulation hidden in the walls
If you have any questions about what your inspection will cover, don’t hesitate to ask the inspector. As the buyer, you should be present for the inspection to see firsthand what is included.
What if the Home Inspection Reveals Significant Problems?
No house is perfect, but some have more significant problems than others. Your home inspector will let you know which issues are severe and require immediate remediation and which issues can wait. If the home inspection reveals significant problems, you can choose to walk away from the deal.
Don’t Risk It
Don’t purchase a home without a home inspection; the risk is too significant. Be present for the inspection. Read the report closely and focus on the big stuff, the must-repair items. Come to the negotiating table ready to work with the seller to reach an agreement. And don’t be afraid to walk away if things don’t feel right.
Enjoy the peace of mind that comes from having the correct information. You’ll sleep better in your new home when you know more about it.