FAQ's On Home Inspections
Why do I need a home inspection?
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.
What does a home inspection include?
The inspection fee for a typical single family house varies by geography, as does the cost of housing. The inspection fee may vary depending on a number of factors such as the size of the house, its age and possible optional services. Do not let cost be a factor in deciding whether or not to have a home inspection or in the selection of your home inspector. The sense of security and knowledge gained from an inspection is well worth the cost, and the lowest priced inspection is not necessarily a bargain. Use the inspector’s qualification, experience and training. Be sure to verify they are state licensed and insured.
Why can't you do it yourself?
Even the most experienced homeowners lack the knowledge and expertise of a professional home inspector. An inspector is familiar with the elements of home construction, proper installation, maintenance and home safety. He or she knows how the homes systems and components are intended to function together, as well as why they fail.
Above all, most buyers find it difficult to remain completely objective and unemotional about the house they really want, and this may have an effect on their judgement. For accurate information, it is best to obtain an impartial, third party opinion by a professional in the field of home inspection.
Can a house fail a home inspection?
No. A professional home inspection is an examination of the current condition of a house. It is not an appraisal, which determines market value. It is not a municipal inspection, which verifies local code compliance. A home inspection, therefore, will not pass or fail a house, but rather describe its physical condition and indicate that components and systems may need minor/major repair or replacement.
When do I schedule my home inspection?
Typically, a home inspector is contacted immediately after the contract or purchase agreement has been signed. Before you sign, be sure there is an inspection clause in the sales contract, making your final purchase obligation contingent on the findings of a professional home inspection. This clause should specify the terms and conditions to which both buyer and seller are obligated.
Do I need to attend the inspection?
While it’s not required that you be present for the inspection, it is highly recommended. You will be able to observe the inspector and ask questions as you learn about the condition of the home and how to maintain it.
What if the report reveals problems?
No house is perfect. If the inspector identifies problems, it doesn’t mean you should or shouldn’t buy the house, only that you will know in advance what to expect. If you budget is tight, or if you don’t want to become involved in future repair work, this information will be important to you. If major/minor repairs are found, a seller may agree to make repairs.
What is Wind Storm Mitigation and why is my insurance company asking for it?
A Wind Storm Mitigation is a four page document that the state of Florida insurance bureau has released. All insurance companies are requiring this form to receive any type of discounts on your homeowner’s policy. The Wind Mitigation looks at several components of the home to give you the best possible hurricane rating on your insurance policy. Here are a few items that we look for: roof geometry, roof covering, how your roof is attached and roof-to-wall connections.
What is a 4.0 Inspection and why is it required to obtain insurance?
A 4.0 Inspection is an inspection required to obtain insurance once the property reaches 20-30+ years old for most insurance companies. Citizens Insurance (state of FL insurance carrier) is only requiring the 4.0 Inspection once the property reaches 50 years old. The 4.0 Inspection looks at the life expectancy/age of the electrical, plumbing, air condition/heating systems and the roof.