A Guide to Home Inspections A home inspection is defined as the examination of the systems and physical structures of a home; it gives a detailed ‘picture’ of the current condition of the home. The main goal of the inspection is to help downgrade the risk involved with buying a new home; but the inspector will not be able to get rid of those risks and cannot determine future happenings because of changes in habitation. What is included in the inspection is potential safety and health issues, and areas in need of repair. Texas inspectors are require to be licensed by the TREC (Texas Real Estate Commission) and that they must comply with the TREC standards of practice whenever an inspection is done in the home of a potential buyer or seller of a one-to-four residential home. Take note that inspectors are not obliged to move any object or furniture of the home. And so, you must clear out of objects the major components of the home first before inspection. The inspector will have to jot down which objects were inspected (I), not inspected (NI), not present (NP), or/and deficient (D). The most common deficiencies will include water penetration, damage, material distress, deterioration, inoperability, unsuitable installation and missing parts. The objects taken note of will not necessarily require the buyer or seller to do some fixing. It will only be the people who signed the contract concerning the selling of the home will have the decision as to make corrections in the home or not. Please remember that there will be a couple of items that has something to do with safety issues or building codes and only a few homes will comply to it. Home inspection fees There will be factors that can affect how much your home inspection will cost; age of the house, its size, particular features of the house and possible option systems detected.
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Usually, a home inspection will cost between $250 to $400, but there will be additional fees for optional services like the: swimming pool, lawn sprinkler system, hot tubs, spas, outdoor cooking equipment, outbuildings, private water wells, gas supply systems, whole house vacuum systems septic systems and other built in appliances. The decision if to have a home inspection should not rely on the possible costs. Is there a chance that a home will fail the inspection? Definitely no, because it is an examination only of the current condition of the house. A rating of ‘fail’ or ‘pass’ is not issued. When is the best time for a home inspection?
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If the purchase contract is signed, a home inspection can already proceed. In that manner, problems will be determined soon enough so that you can talk to the owner and arrange repair. Remember that everything will have to happen during the option period.