Home Inspection Glossary
During a real estate transaction, a home inspection contingency allows buyers to inspect the property and make sure that they are satisfied with the condition of the property prior to closing.
1. It Provides You With an "Out"
A thorough home inspection can uncover critical information about a house and it's systems. If you aren't comfortable with the findings of the inspection, it offers you the opportunity to back out of the offer to buy.
2. A Strong Negotiating Tool
The inspection report you receive from the inspector presents you with the opportunity to ask for repairs or price reduction from the seller.
3. Allows You To Determine "Deal-Breakers"
Home inspections can help you identify how much additional money or effort you're willing and able to spend to take the home to the condition that's personally acceptable to you.
What is a home inspection?
A home inspection is an objective visual examination of the physical structure and systems of a house, from the roof to the foundation.
A home inspections in not:
An insurance policy, guarantee or warranty on the home, an invasive or destructive exercise, intended to identify concealed defects or a code or design review.
Why do I need a home inspection?
In addition to the three important points mentioned above, buying a home could be the largest single investment you will ever make. To minimize unpleasant surprises and unexpected difficulties, you’ll want to learn as much as you can about the newly constructed or existing house before you buy it. A home inspection may identify the need for major repairs or builder oversights, as well as the need for maintenance to keep it in good shape. After the inspection, you will know more about the house, which will allow you to make decisions with confidence.
If you already are a homeowner, a home inspection can identify problems in the making and suggest preventive measures that might help you avoid costly future repairs.
If you are planning to sell your home, a home inspection can give you the opportunity to make repairs that will put the house in better selling condition.
What does a home inspection include?
The standard report will cover the condition of the home’s heating system; central air conditioning system (temperature permitting); interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement and structural components.
How long will the inspection take?
The majority of home inspections last 3 hours and is dependent on the size of the home and the complexity of systems and components.
When will I receive my report?
The report will be written off site and you receive the report electronically the same night.
Do I need to be present for the inspection?
No, but it is encouraged. I would want to be there if I was getting my house inspected.
When do I pay for the inspection?
Paying for the inspection when it is scheduled online is most convenient, but payment is expected at the conclusion of the inspection. We accept cash, check or charge.
Where is your service area?
Northwest Ohio or 40 miles outside of Perrysburg, Ohio.