Getting a home inspection when buying a home is money well spent

August 11, 2015

If you are in the market to buy a home, you need to know the importance of home inspections.  NAR states that 84% of home buyers requested an inspection in their contract.  This is a very important step and not a time to try to save yourself some money by skipping the inspection or using your handy uncle instead of a professional.   While typically costing the home buyer a few hundred dollars, this professional opinion from a home inspector when making such a significant purchase is imperative. Home inspections enable you to find out about any major problems or needed repairs before you buy.

 

What does the typical home inspection include?

Usually, the inspector’s report will review the present condition of the home’s heating and cooling system, interior plumbing, electrical systems, roof, attic, visible insulation, walls, ceilings, floors, windows, doors, foundation, basement and visible structure.  If problems or symptoms are found, the inspector may recommend further evaluation. The inspection typically lasts several hours  and the report will usually detail the types of systems in the home along with some general maintenance suggestions.

Any specific testing must be requested in your Offer to Purchase.  Please talk to your agent about inspections and testing when you write your offer. 

 

Scheduling a home inspection

Remember, a home inspection contingency has a deadline so arrange for an inspection right away after your offer has been accepted. Most contracts allow 10 days or so for the inspection contingency and most inspectors are available within a few days. You should receive a detailed report from the home inspector which you can discuss with your agent.  Any significant findings means you have a decision to make… proceed with the purchase or not, if the findings cause serious concern.

Here’s another article about Four things home buyer’s need to know about home inspections, from RIS Media.

 

Where do I find a home inspector?

Your First Weber agent may have recommendations of inspectors to contact.  Ask your friends or you may also be able to find some inspection resources here at the First Weber Concierge Desk.  If problems are found that need attention, chances are the Concierge Desk may have a vendor for that too.

For additional resources for Wisconsin home buyers, please see First Weber’s homebuyer section of this blog .

First Weber sells real estate throughout WisconsinMetro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com

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