Home Inspection Checklist for Buyers
Home inspections are an important part of the home buying process. More than likely your contract hinges on an inspection contingency. Unfortunately, the home inspection phase is where contracts tend to fall apart. There are several reasons for that, but it typically boils down to thefindings giving you enough pause to wonder if the home is indeed the right one. The good news is there are a couple of things you can do to navigate the home inspection process and get the most out of it while ensuring you make it to the closing table on time.
1. Find A Reputable Inspector
Not all home inspectors are the same, so it’s important to do your research. See what services they offer and ask for references. If you’re a first-time homebuyer, you will want an inspection company who will take the time to thoroughly explain the findings versus letting you try to figure it out yourself.
2. Set Aside Enough Time
Block off plenty of time for your inspection. Three hours is average, but it could vary depending on the size of your home. If you have children, it’s best to either leave them with a friend or sitter or bring another adult with you to watch them while you focus on the inspection at hand.
3. Be Prepared
During the inspection, the inspector will be looking at all aspects of the home, both clearly visible and those dark, hard-to-reach areas. You might consider bringing a flashlight to help expose those areas. If it’s raining or wet out, consider bringing your rain boots in case you need to follow the inspector outside. You also might consider bringing a notepad to jot down any questions or concerns you may have during the process.
4. Prepping For The Inspection
While the seller’s agent should prepare the seller’s for the inspection, it doesn’t hurt to request the seller’s ensure all necessary parts of a home are accessible and components like heat, electricity and water are turned on. That way you will ensure you get a full inspection because an inspector can only inspect what is readily accessible. You want to make sure you can get a full inspection and leave nothing to chance.
5. Realistic Expectations
A huge step to making it through the home inspection process is to set realistic expectations. No home is perfect, so expect for issues to arise. Determine if there are any absolute deal breakers. If not, remember you and your agent can negotiate repairs.
6. Review the Report & Prioritize Repairs
You will want to review the report and understand the findings before proceeding in the home buying process. Ask as many questions as you need. Then, you and your agent will determine the high priority repairs, such as safety concerns, versus items that can be remedied later. Then, allow your agent to go to work for you negotiating those repairs.