Having your new
home thoroughly inspected
before closing can protect you against unforeseen
damages
The seller is under contract to deliver the
plumbing, heating, electrical (including light
fixtures and ceiling fans), air conditioning,
fireplace, all built-in appliances, and if one
exists, swimming pool in working condition.
The roof must be free of visible leaks and the
structural component of the house must be good
condition at the time of closing.
The seller is obligated to make or pay for repairs,
if any, to place the above items in working
condition. The cost of the repairs is subject
to a repair limitation stated and agreed to
by both the buyer and seller.
The cost for the inspection will vary between
$250-350, which the buyer is obligated to pay.
The inspection usually takes 2-3 hours to complete.
The home buyer should accompany the inspector
so that you can ask questions and assess how
much repair may be required, if any.
Most inspectors use a checklist that they mark
and note any repairs as they inspect the home.
The Inspection Report usually provides maintenance
tips on how to keep the home and property in
good shape.
If the inspection finds serious flaws in
the house
such as cracks in the interior walls
due to settling, you will probably walk away
from the contract based on your contingency
clauses. The last thing you need is major repairs
costs on your new home.
roofing type and materials, flashing and joint
material, insulation, gutters and down spouts,
ventilation, skylights, vents, turbines or
fans, chimney, any leakage.
The
Plumbing System:
supply lines and pipes, water pressure and
drainage flow, fixtures and faucets, hot water
heater, tubs, sinks, toilets, showers, whirlpool,
laundry appliances, waste disposal.
HVAC/Fireplace:
heating type and condition,furnace,
heat pump, duck work, registers and grills,
fireplace flues.
The
Electrical System:
exterior service and meters, fuse and breaker
panels, capacity, grounding, wiring, switches
and outlets, electrical fixtures, any potential
hazards.
foundation type and construction, settlement,
water penetration, exterior walls, potential
termite or rot damage, windows, doors, porches,
garage, decks, swimming pools and pumps.
Yard:
unstable soil, drainage, fences, grading,
retaining walls, payments and driveways.
Download the Consumer Housing Inspection report
from Freddie Mac as a guide: click here
Other
Important Inspection Tests:
Other
tests required by law or your vendor may
include environmental and termite inspections.
You should test the home for radon, lead
paints, and asbestos if you believe these
tests may be necessary, particularly in
older homes.
The home must also be free from active termite
or other wood destroying insects. The seller
agrees to furnish a letter or report from
a reliable licensed termite control operator
stating that the home is termite free.