All About Real Estate Home Inspection
In a home sale, there is an inspection contingency period which is specifically designated to allow all clearances to be made before the finalizing of a transaction. A home inspection allows the buyer to hire a professional home inspector to conduct a detailed inspection of the property which includes all systems inside and outside of the house. In a seller’s disclosure report, the seller is given an opportunity to indicate or show all information about the real condition of the property, but if problems are discovered later on which does exist outside the seller’s disclosure report, the buyer can cancel his agreement or withdraw from the sale without recourse.
When it comes to a home inspection, it involves checking the physical condition of the property including the roof, basement, pool pumps and heaters, septic tank, propane tank, appliances, and HVAC systems, which is performed by a licensed home inspector. A home inspection report also indicates the estimated lifespan or longevity of the property’s existing components. While the repairs can be discussed and negotiated between the seller and the buyer, a buyer may cancel or withdraw from the sale. The things that a home inspector checks include the house’s structural components, exterior faults, heating and air conditioning, insulation and ventilation, roofing, plumbing, electrical, and interior appliances. A home inspector will climb on the roof, crawls into the attic, pokes at the foundation, and look for water penetration or condensation. Water damage and mold and mildew are inspected, cracks are noted on floors, walls, and ceiling too. A thorough inspection should be done to reveal additional caulking needed in order prevent water seepage, inspection of deteriorating tread steps, broken seals on glass, decking, and noting settlement cracks requiring professional repair.
When it comes to roof inspection, it involves closely inspecting for loose tiles or shingles and the flashing, noting debris in the gutter, testing all drains for tight connection, and proper sealant examination of chimneys and skylights. Plumbing inspection involves testing piping, vents, drains, and waste systems. When it comes to the electrical inspection, it should include inspection of conductors, grounding, and distribution panels for safe and efficient operation. The entire HVAC is tested including dirt accumulation on filters, corrosion of supply pipes, and ensuring that the chimneys are clear of bird nest, and the frames are sound. It is important to test all interior appliances which are built-in or included in the sale contract, including inspection of all counters, doors, stairways, floors, and cabinetry.
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