A home inspection alerts you to any immediate repair concerns plus gives you an idea of what it may cost to maintain the home in good condition.
Let's take a closer look at the home inspection process so you know what to expect, and what the inspection does and does not include.
Before finalizing your offer to purchase a property, your real estate agent can arrange for a home inspection. The home inspector’s job is to look for any potential problems with the home and document their findings in a report.
A home inspection isn't the same as an appraisal.
An appraisal estimates your property's value, whereas a home inspection looks for problems in the home. Another difference is that lenders will usually require an appraisal before dispersing the funds. A home inspection, however, is optional.
Home inspectors look for problems on the property's major structures and features such as:
The basic structure: They’ll look for cracks on the ceiling or damage to the foundation.
Roof and attic: They'll search for signs of damage to the roof's exterior and look in the attic for signs of water damage, insulation issues, or damage to the chimney.
Basement: Structural issues from water damage.
Plumbing: Good water flow, check for leaks or blockages, and test the hot water heater.
Electrical: Check that the electrical system is grounded correctly and review the circuit breaker, wiring, and outlets.
Appliances: Check that the large appliances (like your oven and dishwasher) and their connections are working.
Garage: Inspect walls and ceiling for damage and test the garage door opener.
Other systems: They'll check the furnace, air conditioning system, and sprinkler systems.
Because home inspections aren't comprehensive, a separate inspection may be required to address these concerns:
Well and septic systems: To test the water quality and inspect the septic system.
Sewers: Sewer inspections search for deep roots that can damage or block the sewer lines.
Lead paint: Lead paint is a significant health hazard, especially to young children. If your home was built in 1979 or before and there hasn't been a lead paint inspection, you must get one before the loan can close.
Pest or termite: If the appraiser or home inspector believes the property may have a pest or termite problem, they may require you to get a pest inspection before the loan can close.
Chimney: While the standard home inspection looks at the fireplace, a professional chimney sweep may be needed to check the condition of the flue, joints, and interior.
Asbestos: Asbestos is a toxic construction material used in many older homes that requires removal. An inspection will let you know if the home contains asbestos.
Mold: Mold can cause severe health issues. If your home shows signs of mold, get a mold inspection.
Lot size survey: A lot size survey measures your property's size and is sometimes required for zoning purposes.
Radon: Radon is a naturally occurring gas sometimes found inside homes. It's known to cause cancer.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 19161
Registered Mortgage Broker-NY State Department of Financial Services NMLS #19161
7448 Amboy Road
STATEN ISLAND, New York 10307
Phone: (718) 356-2900