What Is a Home Inspection?
What Is a Home Inspection?*
A home inspection is a report made by certified home inspectors. The report contains observations on various aspects of a real estate property. A home inspection includes the inspection of the structure, safety, accessibility and functionality of a house that is due to be put on the market for sale.
Hiring a home inspector to carry out home inspection can be beneficial in the construction, selling and purchase of the house. A thorough home inspection can ensure that the house can be put on the market at the best price.
What Happens in a Home Inspection?
Certified home inspectors will carry out the home inspection. They will assess every feature of a house. This can include but not limited to the electrical, plumbing, heating and framing. The electrical works can include the wiring, light fixtures, power boxes and the main power supply. The plumbing including the sewage, water source and the water proofing in the house. The inspector will also assess the septic tanks and the deep well if they are available.
The framing of the house is the most important feature. A home inspection includes observing all the details like the condition of the studs, the subflooring, sheathing as well as the insulation. These things can have water damage, insect hives or fire risks. A home inspector can point out these safety risks.
Do I Need a Home Inspection?
Usually, a newly constructed house will require a home inspection and the inspector’s approval for a residential permit. For the sale of a house, both the seller and the buyer can benefit from hiring a professional inspector to assess the safety and condition of the property.
For Constructors
As a constructor, you will need two home inspections. The first one should be when the framing, electricals and the heating is complete. That is, constructors should schedule a home inspection right before installing the dry walls. This allows the home inspector to look into any issues that may be later covered with the walls.
The second appointment for the home inspection should be when the house is complete. With the home inspection report, you can apply for a residential permit for the property.
For Sellers
For sellers, a home inspection can determine the true price of the property. It is not uncommon for a property to face a sudden drop in value. The best practice for sellers is thus to have the home inspected before putting it up on the market.
For Buyers
Buyers can also hire a home inspector. It is mostly recommended that buyers schedule a home inspection before closing the deal. This will reveal any problems regarding the house that only a professional can notice. As a buyer, you can also understand the true value of the home you are purchasing.
A home appraisal is the determination of price, taxes and mortgage value of a house based on its condition and operability. This is mostly determined based on the home inspection reports. So, a home inspection is important to determine the safety, functionality and value of a house.
A Home Inspection Frequently Asked Question
*Disclaimer: This article has been written by a third party and permission has been granted to Charlottetown Home Inspections to publish the article on this website. As such, the article is provided for general information and educational purposes only, and does not constitute advice. Charlottetown Home Inspections cannot vouch for the accuracy or completeness of the information. The reader is encouraged to do his or her own due diligence and additional research, and to speak to a professional home inspector for the most up to date, accurate and reliable information.
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