Whether you are a first-time homebuyer or a seasoned real estate investor, one crucial step that should never be overlooked is a thorough home inspection. While many people associate inspections with older, resale homes, the truth is that they are equally important for newly constructed properties.
In this blog, we will explore why a home inspection is an essential part of the home buying process, offering peace of mind and safeguarding your investment.
What is a home inspection?
A home inspection is a visual, non-invasive safety and quality assessment on a property that is going to be sold. During this process, a licensed inspector examines various aspects of the home including its structural integrity, heating and cooling systems, plumbing, electrical work, as well as water and sewage systems to ensure they are all functioning properly. Additionally, the overall condition of the property is assessed for fire and safety concerns, existing damages, and anything else that might impact the home's overall market value.
What does a home inspection cover?
A home inspection covers just about everything that is essential for a home to be comfortable, livable and safe. From structural elements to vital systems, here are the key essentials that will be evaluated.
Exterior: The inspector will examine the foundation of the home, looking for any signs of cracks, settlement or shifting. Foundation problems are often caused by poor drainage and grading. So, the inspector will check the grading or slope of the yard to ensure the slope is at least 6 inches within the first 10 feet of the home. There should also be a 4-inch soil clearance from the concrete slab. If the soil covers the concrete slab, the moisture from the soil can penetrate the slab causing potential issues. The roof and attic are also examined for any issues, such as damaged shingles, leaks or structural damage.
Interior: Inspectors will also evaluate the mechanical systems and appliances to ensure they perform their intended function, and age is not a concern to them. The primary focus is on functionality. Additionally, inspectors will use a moisture meter to check for any signs of moisture behind the walls.
Plumbing: Inspectors evaluate the plumbing system, checking for visible leaks, drainage issues, and the functionality of fixtures, such as sinks, toilets, and showers. It’s important to clarify there are certain things inspectors do not do as it goes beyond their scope of work. For example, inspectors are not required to conduct invasive home inspections such as evaluating underground plumbing systems.
Electrical: The inspector will test all outlets and ensure there are working GCI outlets particularly in the kitchen and bathroom. They will also inspect for potential electrical concerns, including exposed wiring, outdated or unsafe electrical components, and ensure the electrical system complies with safety codes.
HVAC System: The heating, ventilation and air conditioning system is evaluated for its functionality and performance. Inspectors ensure heating and cooling systems are in good working order and that air quality is maintained. The age of the system is not the focus; functionality is what is being evaluated.
Pool Inspections: If the property features a pool, a pool inspection is highly recommended. Inspectors will check for any leaks, assess the condition of the pool’s structure, and ensure that all systems (e.g., pumps and filters) are in good working order.
WDI Inspection (wood-destroying insects): While the general home inspector will make note of any signs of possible termite damage/infestation, the buyer is encouraged to hire a pest control expert since inspecting the home for termites is outside the scope of a general home inspection. It is important to note that FHA and VA lenders will require termite inspection. The property must meet certain conditions before a loan is approved. Loan approval involves approving the borrower and the property’s condition.
What happens after the inspection?
The inspection report will indicate Inspected (I), Not Inspected (NI), Not present (NP) and Deficient (D).
Based on the inspector's findings, a follow-up examination may be needed. For instance, if there are roof deficiencies of concern, the inspector will recommend that a roof specialist come out and further evaluate the condition of the roof and determine whether a repair or replacement is needed. If there are foundation issues, they may need to schedule a certified engineer to inspect for foundation problems. If additional evaluations are needed after a home inspection, you may need to request an option period extension with the seller.
Click here to read my blog post on the option period (inspection contingency].
The inspection report is not a comprehensive report. Inspectors follow specific standards of practice and are not required to conduct invasive assessments. The purpose of the inspection is to understand the condition of the property and the risks that should be considered before proceeding with the purchase of the home.
What happens if a house fails inspection?
If a house fails inspection, there are several options for the buyer to consider. Your REALTOR can help guide you on your decision after reviewing the report.
As you can see, home inspection and negotiations are involved processes that you do not want to handle on your own. It’s important to seek the advice and expertise of a realtor. After all, buying a home is one of the most important real estate investments you will ever make.
Bottom line: When buying a new construction or resale home, never skip a home inspection.
If you need any help with your real estate needs, give me a call!
Rosie Crow, REALTOR®
Keller Williams Southwest
Cell: 281-703-6901
Email: rosiecrow78@gmail.com
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