Purchasing a new home is one of the biggest financial investments you are going to make, and as such, taking a few precautions to protect that investment before you sign the paperwork is crucial to both your financial investment and your peace of mind. But what exactly is covered by that home inspection?
A home inspection will point out possible safety issues—those that could endanger you or your children, or which could create liability issues when you have guests.
A home inspector will inspect the basement for water intrusion and proper construction. The last thing you want is to find out your home has foundation problems after you’ve made the purchase. That is one expensive fix you’ll want to avoid.
Your home inspector will check the structural integrity of the home and will check out the condition of the roof to ensure no big fixes are necessary to keep your home from, literally, falling apart.
A home inspection will look into the condition of the plumbing, electrical, heating and air conditioning systems.
An inspector will also ensure that any of the major appliances included in the purchase are in working order.
A home inspector will check to see that any fireplaces or heating devices are functional and meet safety standards (including safe clearances). These are things that will need to be documented for your home insurance.
He or She will also inspect the driveway, retaining walls, the grading and drainage of the property.
An inspector will check for the presence of mold throughout the home, and he or she will inspect for ventilation or insulation issues in the attic that could lead to roof failure, mold, or moisture problems.
The inspection will also include an examination of gutters, downspouts, soffits, eaves and fascia to ensure there is no damage, rot, or other defects.
A home inspection is your first line of defense to ensure the purchase you make isn’t going to add more costs to the picture than you bargained for.