Your Ultimate Guide to Real Estate Home Inspection
A home inspection contingency is one of an essential aspect of a home sale, wherein it is a time period that is given for all clearances that may hinder a sale from materializing. A home inspection allows the buyer to hire a professional home inspector to conduct a detailed inspection of the property which includes all systems inside and outside of the house. A seller is given an opportunity to divulge all information about the condition of the property in the seller’s disclosure report, and the buyer has an option to cancel his agreement without recourse if problems are discovered later on which does exist outside the seller’s disclosure report.
A home inspection report includes all information checking the physical condition of the roof, basement, appliances, HVAC systems, pool pumps and heaters, septic tank, and propane tank, as performed by a licensed home inspector. The home inspection report also includes the estimated life expectancy of existing components. Repairs can be discussed and negotiated between the seller and the buyer. When it comes to home inspection, the inspector checks the roofing, plumbing, electrical, structural components, exterior faults, heating and air conditioning, insulation and ventilation, and interior appliances. A home inspector will climb on the roof, crawls into the attic, pokes at the foundation, and look for water penetration or condensation. The presence of mold and leakage is checked on the walls, floors, and ceilings around electrical fixtures are checked for signs of water leakage. 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.
The roof is inspected closely for loose tiles or shingles, and the flashing must be tested for tightness. Plumbing inspection involves testing piping, vents, drains, and waste systems. A close inspection will be done to ensure that all electrical components are inspected for safe operation, like checking on conductors, grounding, and distribution panels for efficient operation. The entire HVAC should be inspected including corrosion of supply pipes, dirt accumulation on filters, and ensuring that the chimneys are clear of bird nest, and so as the chimney frames are sound. It is essential to inspect all interior appliances that are built-in or included in the sale contract, including inspection of all counters, doors, stairways, cabinetry, and floors.
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