All You Need to Know 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. When it comes to a home inspection, the buyer is the one who will hire a licensed and professional home inspector to perform a thorough inspection of the property being sold. If problems arise or discovered that exist outside the seller’s disclosure report, then the buyer has an option to cancel his agreement without recourse.
A home inspection report provides a detailed inspection of the physical condition of the property which includes the roof, basement, appliances, and systems as performed by a licensed home inspector. A home inspection report also indicates the estimated lifespan or longevity of the property’s existing components. Repairs can be discussed and negotiated between the seller and the buyer. The things that a home inspector look for include checking of the property’s structural components, exterior faults, roofing, plumbing, electrical, heating and air conditioning, insulation and ventilation, and interior appliances. A home inspector pokes at the foundation, crawls into the attic space and climbs on the roof to find out water penetration, cracks, water damage, and mold formation. Water damage and mold and mildew are inspected, cracks are noted on floors, walls, and ceiling too. Close inspection of the outside or exterior parts of the house may reveal needed additional caulking to avoid water seepage, and so as deterioration of tread steps, broken seals on the glass, decking, and settlement cracks needing professional repair.
Home inspection includes checking the roofing system including loose tiles or shingles, and noting debris in the gutter, testing all drains for tight connection, and examination of chimneys and skylights for proper sealant. The plumbing is carefully checked including inspection of water ingress and egress, water distributors, sump pump, drains, piping, vents, and waste systems. All electrical components are inspected to ensure that they are operating safely, checking on grounding, conductors, and distribution panels for 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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