More and more we hear of Americans purchasing homes without purchasing a home inspection. Why not spend just a few hundred dollars more when you are purchasing your home and be prepared for the future? For it is known, that purchasing a house is one of life’s largest expenses and it would be at your best interest to know what exactly you are getting yourself into when you turn the key to your new home!
A Peace of Mind certified inspector conducts a home inspection of a structure's condition as it exists, both interior and exterior, and then provides the home owner with a comprehensive written report.
Now the question is why getting a home inspection, would be of value to you?
1. Can you be objective?
Many home buyers get emotional when looking at a house. Home inspectors, fortunately, aren't distracted by pretty drapes; they're looking for problems because that is their job. We look at the house, while you look at the location and the potential.
2. Your biggest investment.
Purchasing a home is a huge investment, whether it is for first time home buyers, previous homeowners, rentals, or flip houses. Instead of Americans investing into their piggy banks, it is well known Americans invest into homes. With such a large amount invested into a home, you wouldn't want your newly purchased home to be full of unexpected surprises and expenses causing your investments to belly up, would you?
3. A Home Inspection Gives You Extra Room to Negotiate
If your home inspector informs you that the back porch is rotting or the roof needs to be replaced, you may opt to only purchase the home if the seller agrees to fix the items in question. A seller is always free to refuse your offer or respond with a counteroffer, but knowing exactly what is wrong with the property you wish to purchase allows you additional negotiation room with the seller. Even if the problem will be expensive to fix or the home is a foreclosure, it never hurts to ask the owner for a little bit of wiggle room.
4. Home Inspections Let You Prepare for the Future
If you obtain an inspection report that lets you know that the home needs work that you hadn't originally anticipated and the seller refuses to remedy the situation in order to close the deal, this doesn’t necessarily mean that you shouldn't buy the home. It does, however, let you know that at some point in the future you will need to make these repairs to the property. By getting a home inspection, you can prepare yourself for any additional costs that may arise.
5. A Home Inspection Lets You Walk Away
In some cases a home that is beautiful on the outside can be falling apart on the inside. A faulty electrical system, extensive crawlspace mold, or termite damage can all cost you thousands of dollars to fix. Provided that your original offer was made contingent on an accepted home inspection, you don’t have to try to plead with the seller to share the cost of repairs or start cashing in your investments to get the home fixed. You have the right to drop your offer and search for another home that is lower-maintenance than your first choice.
6. Newer Homes Don't Have Problems.
One of the big misunderstandings is that newer homes don't have problems. Many times hidden things aren't apparent like modified electrical wiring you can't see or broken roof tiles that haven't started to leak yet. Even in a new home it is a good idea to have a home inspection due to the fact that most of the trades (foundation, framing, electrical, plumbing drywall, roofing, etc.) are sub-contracted out to the lowest bidder and it is nearly impossible for the builder to personally monitor all phases of home construction.
To sum it all up, you wouldn't buy a used car without having it checked out by a mechanic, so don't purchase a new or used home without ordering a home inspection report.
Showing posts with label New Build Construction. Show all posts
Showing posts with label New Build Construction. Show all posts
Monday, January 3, 2011
Friday, July 16, 2010
New Home Construction Inspections
What Is A New Home Construction Inspection?
A new home construction inspection (or “in-progress” inspection) is an independent, third party inspection to ensure that the work completed is in compliance with plans, specifications, and the construction schedule. Once a home is built, many conditions that could have been observed during construction are now covered and are no longer visible for inspection. Often a poorly installed/constructed condition that could have been visually reviewed during a construction progress inspection becomes covered or concealed later in the building process cause a potential financial burden for the property owner for future corrective action. For these reasons, it is important that a home be inspected during construction by the buyer’s representative whenever possible so that any reportable defects can be corrected before completion and transfer of title.
It’s Brand New…What Could be Wrong?
It is not good business to forego a home inspection on a newly constructed house, regardless of how conscientious and reputable your home builder.
No home, regardless of how well it is constructed, is totally free of defects. The construction of a house involves thousands of details, performed at the hands of scores of individuals. No general contractor can possibly oversee every one of these elements, and the very nature of human fallibility dictates that some mistakes and oversights will occur, even when the most talented and best-intentioned tradespeople are involved. It is also an unfortunate aspect of modern times that some builders/developers do not stand behind their workmanship and may not return to fix or replace defective components installed after the sale is complete.
... But The Municipal Code Inspector Already Approved It
Often the builder/developer will state the home has been built to “code” and that it was inspected at different stages and signed off by the local jurisdiction. However, building codes are frequently “minimum in nature” — that is, the primary intent of building regulations (codes) is to provide reasonable controls for the construction, use and occupancy of buildings. The builder is responsible to meet minimal standards at best — you may want higher standards applied to your dream house. Also, it is an unfortunate fact of the hectic pace of construction, that local building department inspectors are often overbooked with inspections, which results in their spending a minimal amount of time at the construction job site and important details may be overlooked. Finally, jurisdictional inspectors are not concerned with workmanship as long as all the systems and components in a new home meet minimum code requirements.
Peace of Mind Home Inspections
www.peaceofmindhi.net
www.facebook.com/peaceofmindhomeinspectionsinc
Information from California Real Estate Inspection Association
A new home construction inspection (or “in-progress” inspection) is an independent, third party inspection to ensure that the work completed is in compliance with plans, specifications, and the construction schedule. Once a home is built, many conditions that could have been observed during construction are now covered and are no longer visible for inspection. Often a poorly installed/constructed condition that could have been visually reviewed during a construction progress inspection becomes covered or concealed later in the building process cause a potential financial burden for the property owner for future corrective action. For these reasons, it is important that a home be inspected during construction by the buyer’s representative whenever possible so that any reportable defects can be corrected before completion and transfer of title.
It’s Brand New…What Could be Wrong?
It is not good business to forego a home inspection on a newly constructed house, regardless of how conscientious and reputable your home builder.
No home, regardless of how well it is constructed, is totally free of defects. The construction of a house involves thousands of details, performed at the hands of scores of individuals. No general contractor can possibly oversee every one of these elements, and the very nature of human fallibility dictates that some mistakes and oversights will occur, even when the most talented and best-intentioned tradespeople are involved. It is also an unfortunate aspect of modern times that some builders/developers do not stand behind their workmanship and may not return to fix or replace defective components installed after the sale is complete.
... But The Municipal Code Inspector Already Approved It
Often the builder/developer will state the home has been built to “code” and that it was inspected at different stages and signed off by the local jurisdiction. However, building codes are frequently “minimum in nature” — that is, the primary intent of building regulations (codes) is to provide reasonable controls for the construction, use and occupancy of buildings. The builder is responsible to meet minimal standards at best — you may want higher standards applied to your dream house. Also, it is an unfortunate fact of the hectic pace of construction, that local building department inspectors are often overbooked with inspections, which results in their spending a minimal amount of time at the construction job site and important details may be overlooked. Finally, jurisdictional inspectors are not concerned with workmanship as long as all the systems and components in a new home meet minimum code requirements.
Peace of Mind Home Inspections
www.peaceofmindhi.net
www.facebook.com/peaceofmindhomeinspectionsinc
Information from California Real Estate Inspection Association
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