Buying Your Home – Home Inspections & Warranties

Do I need a home inspection?
Yes. Buying a home “as is” is a risky proposition. Major repairs on homes can amount to thousands of dollars. Plumbing, electrical and roof problems represent significant and complex systems that are expensive to fix.

How do I find a home inspector?
Your Realtor is a good source. But you may decide to keep them independent from the agent. Your can ask for referrals from friends. Your can also check reviews online. There are several large inspection companies to choose from, however, you likely should check the experience level of the inspector they assign to inspect the home you have under contract to purchase.

The American Society of Home Inspectors (ASHI) has developed formal inspection guidelines and a professional code of ethics for its members. Membership to ASHI is not automatic; proven field experience and technical knowledge of structures and their various systems and appliances are a prerequisite. One can usually find an inspector by looking in the phone book or by inquiring at a real estate office or sometimes at an area Realtor association. Rates for the service vary greatly. Many inspectors charge about $400+, but costs go up with the scope of the inspection.

What’s a home inspection?
A home inspection is when a paid professional inspector — often a contractor or an engineer — inspects the home, searching for defects or other problems that might plague the owner later on. They usually represent the buyer and are paid by the buyer. The inspection usually takes place after a purchase contract between buyer and seller has been signed.