If you
intend to put your house on the market, a home
inspection could identify items that would be called
out on a buyer's inspection. This allows you to be
proactive in making repairs, thereby putting you
house in a more saleable condition. If a buyer knows
most or all of the defects up front, the defects
take on their proper perspective. Conversely, if the
buyer's inspection finds defects, they take on
ominous proportions. Suspicion may turn into
apprehension and eventually into negations or a deal
that falls apart.
Historically, if a buyer is unaware of a defect prior to making an
offer, the natural tendency is to negotiate the
price once the defect becomes known after their home
inspection. With prior knowledge from the seller's
home inspection report, the defect instead is taken
into consideration before the offer is made and
there is less leverage for re-negotiations.
The seller's strongest position is at the time
the buyer first presents an offer to purchase. If
negotiation starts subsequent to the buyer's home
inspection, the seller is mentally set for a sale,
but perhaps more inclined to give concessions to
avoid the deal falling apart. With prior knowledge a
seller can either:
a) offer the house "as-is"
b) repair the defect using their contractor of
choice
c) downgrade (e.g. remove a rotted deck or
underground storage tank)
Above all, the seller's inspection report gives a
fixed point of reference for everyone involved to
work from before the sales agreement is signed.
How do I find a good home inspector?
Not all inspection companies are alike, and
selecting the wrong company could cost you thousands
of dollars in repair and replacement costs. Consider
the following when shopping for home inspection
companies.
- Experience: How much experience do
the inspectors have and how long have they have
been in the business? The best home inspectors
have been in business for years and have seen
thousands of homes.
- Home Inspection Training: Have the
inspectors gone through any extensive home
inspection training? In many states inspectors
can simply call themselves home inspectors
without any training or licensing.
- Association Membership: Is the
inspector a member of a professional home
inspection organization? Companies that are
affiliated with professional organizations are
serious about what they do, and know about all
the new developments in their fields. Some
well-known trade associations are: American
Society of Home Inspectors (ASHI) and National
Association of Home Inspectors (NAHI).
Inspectors in your area can be located through
these associations.
- Liability Insurance: Does the
inspector carry Professional Liability Insurance
(Errors and Omissions Insurance)? If you ever
need to collect on a legal judgment, an
inspector without insurance my not be able to
pay your claim.
U.S. Inspect, America's leading national home
inspection company, has been in business since 1986
and has over one million inspections of experience -
by far the largest number in the industry. Each
inspector is put through a rigorous in-field and
classroom schedule that can take up to 3 months to
complete, including technical, communication and
interpersonal skills. All inspectors are affiliated
with ASHI, or an equivalent trade organization and
their inspections meet or exceed the standards of
practice recommended by those associations. The
company carries full E&O coverage. |