The home inspection is a big deal for both buyer and seller, therefore, preparations should begin beforehand to start the inspection day on the right foot. Unfortunately, the parties involved do not realize the importance of home inspection, and therefore lose out on a good deal.
There are multiple factors to consider to get the most value from the process. If the seller does not take it seriously, the buyer may terminate the purchase. Follow the top 4 tips shared by experts to get the most value out of your home inspection.
4 Tips For Getting the Most Out of Home Inspection
Buyers hire a home inspector to assess the condition and value of the property. After the detailed report by the inspector, the buyer decides whether he wants to move forward with the deal or not.
The first tip for the home inspection is to show up and be prepared for the task. Here’s how you can get the most out of home inspection with the following tips.
Check the Home Inspector’s Credentials
Although there is no universal standard for home inspector licensing in the United States, each state has different requirements for this procedure. Some states may require the inspector to be qualified or professionally trained, other states have no set rules for licensing and certification at all.
Check the state’s requirements for licensing before hiring a home inspector. Interview the prospective inspector, inquire about their experience in the field, and verify their credentials.
Conduct Your Own Pre-Inspection
It is important to do a home inspection yourself before the inspection day. You can easily point out many issues just by looking at the house. Inspect walls and ceiling for discoloration, stains, or water damage.
Check electrical panels, switches, and outlets for any potential wiring issues. Moreover, inspect the exterior of the house and note down all the issues. This helps you a lot during the official inspection and when negotiating repairs. Additionally, you can make a list of costs associated with the repair, replacement, paint, upgrades, landscape, etc.
Clear Your Schedule
The home inspection is an important part of selling a house and has a direct impact on locking the deal. Clear your schedule for the inspection day and avoid any distractions. Attend the inspection, it could take several hours but both the parties have to be there till the end of the inspection.
Buying a home is a huge investment and the only reason you hired a home inspector is to help you decide if it is the right deal. Value the inspector’s time and knowledge by attending the inspection and asking important questions.
Focus your full attention on the inspection and if you do not understand any issues, speak up, and inquire about the issues timely than to regret it later.
A home inspection, by no means, can be considered a mere formality. On the contrary, it is one of the most important steps of buying a home or property. An experienced home inspector helps reveal any unknown issues with the property.