So you think you’ve finally found your dream home as a first time home buyer. It has all the features on your wishlist. But did you know that it’s your responsibility as a prospective homeowner to hire a qualified, professional Home Inspector? It may look good cosmetically, but you could be buying a money pit. Before you put a bid on it, make your offer conditional upon a complete inspection or get the inspection done before offering a bid on the property. A home is the most significant financial commitment you’ll make in a lifetime. So it’s worth it to invest the time and money in having your new home inspected from top to bottom.
Most people will rely on referrals from friends and family members. Or maybe their broker who can refer a reliable Home Inspector to you. A Home Inspector is required to have the correct certifications in most states. For those states that don’t, membership in trade organizations such as the American Society of Home Inspectors can provide you with some assurance regarding an inspector’s level of professionalism. Interview a few inspectors before hiring one. Enquire about their years of experience, and whether they’re or not they’re familiar with the type of home that you’re interested in buying. Find out what precisely will be in the inspection and report. You should make sure that the report covers the following items:
While a necessary inspection can give you a general idea of a house’s overall condition, it might not reveal hidden problems such as pests, mold, or asbestos. It also won’t expose flaws in areas that are below ground or inaccessible to the inspector, like wells and septic tanks. To identify those types of problems, you’re going to need additional licensed inspectors. For instance, a Wood Destroying Insect Inspection can identify termites, carpenter ants, and other invasive insect pests. Although may you live in a state where it’s optional, it’s a crucial safeguard.
Make every effort to be present during the inspection. Your Inspector should be willing to allow you to follow them around and to answer your questions regarding the premises. If you’re unable to be there personally during the inspection, ask to meet to review the housing inspection report in detail. Avoid getting in the Inspector’s way and don’t attempt to “inspect” the home during his review as it may interfere with their efforts to complete a thorough inspection. Also, take into consideration the season you’re having the home inspected in versus how it will perform in other seasons.
On the completion of an evaluation, the inspector will provide you with a report of its findings. Don’t be surprised if there are a lot of deficiencies noted. Home inspections are very detailed, often including between 50 and 100 issues. However, most of them are relatively small.
The report should include information about the severity of each listed problem, plus estimates on how much it would cost to fix each issue. Ask the inspector for clarifications on each issue if necessary.
If the inspection discovers more problems than you’d prefer dealing with, you have the option of backing out of the sale or trying to negotiate to have the seller make the repairs or lower the price. If the condition of the home meets your satisfaction or the state it will be in after the seller meets the terms of your inspection negotiations, you can move into your new home with assured peace of mind.
Please contact our office and we will refer you to a reputable Home Inspector that specializes in the Forest Hills real estate market including coops.
Call us at 718-997-6000 or email us at Support@ForestHillsRealty.com.