Pre Buying Home Inspection
Prior to finalizing your house purchase you must be sure the
house you intent to buy is in adequate condition. Your best alternative
is to call a professional inspector who will prepare a detailed home
inspection report for your property.
The Inspection of the physical condition of a house, components
and appliances is one of the most important stages of the home-buying
process. In fact, in Toronto and the GTA area, buyers are regularly
strongly suggested by their lawyers to get their new property inspected.
Often, sellers avoid disclosing essentials and considerable information
about the property itself that might be considered as a hazard to the
house.
As a buyer, you should not solely rely on the
information provided by the seller thus you need your own third party
objective home inspection performed by a professional and experienced
home inspector to look for any major defects in the structure,
malfunctioning appliances and hazards.
A professional home inspector has the skills and knowledge to
inspect all major house components and systems. Typically, the
inspection procedures cover everything from the roof to the basement (if
applicable) and include the roof, plumbing, electrical and heating
systems, foundation, and drainage. For an average size house, the home
inspection process takes about two hours, but this can vary and depends
on the size, age, complexity, number of stores etc.
When it is right time to have your
home inspected
The majority of buyers hire a professional
home inspector when the seller accepts their offer on the property
purchase. Typically the buyer's offer has a clause that legally allows
them to walk away from the deal once the inspection results are not
satisfactory. You may indeed arrange a professional home inspection
before giving out your written offer, however most buyers prefer to
initially have it approved before they spent money on home inspection
that they might not need in case their offer is not accepted.
How to
choose the right Home Inspector
If you decide to buy a resale property you might want to look for
an objective home inspector that will reveal the exact condition of the
property. Many buyers repeat a common mistake and accept their real
estate agent recommendation for a home inspector or list of home
inspectors who they consistently work with. This is obviously not the
wisest thing to do since some home inspectors might be tempted to work
together with a real estate agent in order to obtain more clients in the
future and thus fail to give you the most honest report. In order to
avoid such an ethical situation, we at Inspection-4-Home, have committed
to a very fundamental rule –
We Don't Work
with Real Estate Agents.
By doing so, we can ensure loyalty to our customers and provide high
quality and objective home inspection.
After
the Inspection
According to the home inspection results, you can decide on your
next step. If the report shows that the property is adequate to your
expectations, you can continue with the purchasing process knowing you
are getting what you are paying for. On the other hand, if the
inspection results show that there are significant defects in the
property or with appliances it comes with, you can either try to
negotiate to reduce the purchasing price or back out of the deal
assuming you have a clause in your offer that allows you to do so. |