In one of our recent blogs, Top 10 Reasons It’s a Great Time to Buy Real Estate Right Now!, we pointed out how buyers can benefit most from the current state of the Phoenix real estate market. One of those ways is by insisting on ordering a home inspection during the allowed 10-day inspection period, and requesting that the seller make all of the (reasonable) repairs that the home inspector recommended prior to close of escrow. In fact, according to the National Association of REALTORS & the American Society of Home Inspectors’ 2001 Home Inspection Study, the majority (77%) of home buyers order a home inspection prior to purchasing their home. Now that you know you can order a home inspection, also know that not all home inspections are created equal.
Before you choose a home inspection company, interview several companies, possibily from a list that your REALTOR offered, and then ask them all these 7 questions below. Once you have the answers to these 7 questions from each of the two or three home inspection companies that you’ve interviewed, review the answers you received with your REALTOR, and then choose a company. Keep in mind that there may be a few other questions that are important to you and that you should feel free to ask.
- Are you a member of the American Society of Home Inspectors or National Association of Home Inspectors?
- How much do you charge for my type and size house?
- How much do you charge for a reinspection should I want one after repairs are completed?
- Can I attend the inspection?
- What specifically will your inspection cover? You should be looking for the inspection to cover at least all of the following, if present: gas lines, swimming pool, spa, septic system, wells, siding or exterior brick, foundation, insulation, doors and windows, roof, ceilings, walls, moldings, porch and/or deck, electrical, plumbing, water heater, furnace/AC, garage, basement, attic, and driveways/sidewalks.
- Do you provide any guarantees of your work?
- What type of report will I receive after the inspection, and when will I receive it?
Once you have chosen a home inspection company, and have received a home inspection report, WATCH OUT for these 7 conditions below that often cost more than typical home repairs.
- Central air conditioning system problems
- Insect damage
- Room additions (that may be unpermitted)
- Asphalt shingle roof replacement
- Foundation issues
- Electrical wiring
- Swimming pool motor replacement
Look forward to Home Inspection 201 being offered soon!