Al and Cal Homes and Community: What You Should Know About Your Home Inspection

What You Should Know About Your Home Inspection

What You Should Know About Your Home Inspection

I wrote a recent post detailing the Massachusetts Offer to Purchase Real Estate.   Part of this contract will be your home inspection contingency clause.    You will likely hire a home inspector to evaluate your new purchase prior to entering the next contract, the Purchase and Sales agreement.  inspectors

You have worked hard finding your new home.   You've researched the market, spent hours upon hours peering at homes on line, and even more visiting those homes.   But, now it's done!   You've found that home, and have come to terms with the Seller on the property!    Your offer allows for you to have a home inspection usually within a specified amount of time.   Think within 10 days.   That should give you plenty of time for this phase, during which the Seller will have his house off the market. 

The Inspection Contingency Clause is is fairly standard and expected.   In most cases this clause will give you the opportunity to investigate the property and back out of the transaction if you find any major structural, mechanical or other defects.  

What You Should Know
 
Be present for the inspection.   This way you can investigate the property along with the Inspector, listening, learning and asking questions about your new home.    The Inspector will give you helpful maintenance tips as well as point out any present or potential problems that he/she sees.     You should get a written report that details the aspects of the inspection, and it's easier to understand the report if you have been around the property with the guy/gal.

Keeping it in Perspective.    You're probably not buying a new home.    The home won't be perfect, none are, even if it is new. Remember, the Inspector's job is to find all the imperfections.   You will want to remain as realistic and objective as possible.

  • Are there items significant enough that they would make you not want to buy this home?
  • Have they found a safety issue?  
  • Or, something that will become a large unexpected expense now or in the near future that you had not anticipated? 

What if there is a Problem?   If you find something that really bothers you, you can

  • back out of the home,
  • ask the Seller to fix it
  • or negotiate.    

Either way, it's your decision, but don't forget why you got to this point.  You love the place or you wouldn't be looking to buy it!     Experience tells me that it's easy to get freaked out when an inspector is picking the place apart.    Remember his job it to find it all... no matter how big or small. 

                                                           

Finding a Great Inspector.

Many folks, myself included come from families that have very handy and educated family members, but we are talking about a very expensive purchase here.   You want to make sure to hire someone that is engaged in the business of doing home inspections, not your Uncle Harry!    It's fine to bring him along, but really, rely on the professional.   You should be interested in finding someone that is thorough, experienced and can communicate with you in layman's terms.

There is a  Standards of Practice for home inspectors.     Massachusetts also has a web site that assists with Facts for consumers.  Check it out.  

What's Included in Your Home Inspection ?

Structural Components: Foundation, sills, joists, beams, supports, etc.
Exterior Components: Siding, windows, decks and porches, gutters and downspouts, driveways, general landscape condition.
Roofing: Flashings, and chimneys.
Mechanicals:  Plumbing, Electrical, Heating/AC, Water Heaters, Fuel
Interior: Ceilings, floors, railings, doors and windows, stairs, sometime appliances
Insulation and Ventilation: Attic, basement, insulation types, kitchen and bathroom fans, etc.
Garage Doors, openers, etc.


Other Inspections to Consider.   Pest, Radon, Mold, Septic, Well, Pool, Chimney, Lead Paint



A Great Home Inspection should leave you feeling secure about your purchase! 

  But, You have to find that home first!   So, Call me!    508-494-9061    or email

Carol-Ann Palmieri

Al and Cal Realty Group

Remax Executive Realty

www.AlandCal.com

 

Cal@AlandCal.com

 

508-494-9061

 

Comment balloon 11 commentsCarol-Ann Palmieri • November 27 2012 05:04AM

Comments

Very thorough post on why you should get a home inspection and who you should use to do it Carol Ann.  Here in Texas only inspections that are done by licensed Texas inpsectors will be used for negotiation...same with any repairs, they usually need to be done by a licensed professional.  Suggested :)!

Posted by Brenda Mullen, Your San Antonio TX Real Estate Agent!! (RE/MAX Access) almost 6 years ago

Good morning, Carol Ann.... good post with very important information.... and the order of events is important....the first is to call Carol Ann Palmieri to find the right home....Carol Ann will give you the order of events from there.....

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) almost 6 years ago

Carol Ann: This is an excellent post on home inspections....very thorough and detailed.  Suggested.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) almost 6 years ago

Hi Brenda.    Love the new pic!    My motto.  Hire the pro.   For everything.    Saves you money in the end.   Thanks for the S.

Posted by Carol-Ann Palmieri, "Cal" the Real Estate Gal (RE/MAX Executive Realty, Al and Cal Realty Group) almost 6 years ago

Hi Barbara.   THANK YOU!    I appreciate your comments.

Posted by Carol-Ann Palmieri, "Cal" the Real Estate Gal (RE/MAX Executive Realty, Al and Cal Realty Group) almost 6 years ago

Hi Anita.   Thanks.  Appreciate the s too.

Posted by Carol-Ann Palmieri, "Cal" the Real Estate Gal (RE/MAX Executive Realty, Al and Cal Realty Group) almost 6 years ago

Awesome post. Very clear explanation of the inspection process.

Posted by Doug Rogers, Your Alexandria Louisiana Agent (Bayou Properties) almost 6 years ago

Terrific post Cal, so many buyers do not understand the inspection contingency and you have explained it very well.

Posted by Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales (Ocean View Realty Group in Ormond By The Sea Florida) almost 6 years ago

Carol Ann, choosing you to be the super sleuth Realto of choice makes all the difference too for any buyer...we are having our inspection clause changed as of 1/1/2013 so that buyers can back out for any reason within 10 days of inspections- I believe you have that already in MA.

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) almost 6 years ago

Carol Ann, Great post with a lot of good information.  I always equate a home inspection as an "examination" of the property, a way for the buyers to learn all they need to know about the home!

Posted by Christine OShea (Christine E O'Shea Real Estate Broker) almost 6 years ago

Cal,

Excellent article on the value of an inspection. An inspection is so important but it is not a fail safe to find evvery potential issue. some folks seem to not understand that concept. I will suggest.

 

Posted by Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert (Berkshire Hathaway HomeServices Anderson Properties) almost 6 years ago

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