What is a professional home inspection?
Professional home inspections are becoming an important factor for everyone looking for or planning to buy or sell a home. A house may appear to be in very good condition, but by looking at things that cannot be seen with the naked eye, we can find problems that need to be addressed. The need for a professional home inspection is increasing by the day due to increasing litigation due to unknown or undisclosed defects.
A normal individual is not supposed to be the expert in all these technical details. This leads to the need for a professional home inspector to inspect the home. A typical home inspection will take several hours to complete. If tests are being done for things like mold, radon, etc., it could take several days to get these results back from the lab.
There are many advantages or benefits of hiring a professional home inspector, some of these benefits are:
Benefits for buyers
1) With a professional home inspection, a buyer can calculate the most realistic price for the property they are going to buy. However, in most cases, the inspection is done after the price is negotiated. The results of the home inspection can be used to negotiate repairs or, if the repairs are extensive, the buyer may want to back out of the transaction if the contract allows. Buyers can compare the features and drawbacks with similar properties available in the same condition.
2) Free the buyer from the stress of legal or documentary procedures since the inspector will give him a written report.
3) A Buyer can best guess the possible useful life of the structure; this will allow you to plan for the prospective use of this structure.
4) A buyer can better understand the impact of any unknown natural disaster on the structure of the house.
5) This could also save hundreds of dollars by informing the buyer of needed repairs to the structure’s surface, fixtures, floor or roof, as well as electrical and plumbing.
6) Satisfy the buyer by familiarizing him with all the details of maintenance and repair, well in advance.
Benefits for sellers
1) A professional home inspection gives sellers a better idea of the current condition of their property. This is more important in cases where the seller has not lived in the house and is not very familiar with it. Such as rental property, inherited property, etc.
2) With a better understanding of the main features of the house, the seller can more confidently negotiate the price by making the necessary repairs before putting the house on the market.
3) Gives you the confidence of well-trained professional helping hands.
These benefits of a professional home inspection make this service very popular with buyers and sellers. I suggest working with an inspector who is a member of ASHI, the American Society of Home Inspectors. A professional inspection, in the Chattanooga TN area, will cost around $325, but it is money well spent for the buyer or seller.
