Thursday, May 07, 2009

Home Inspections

Check out this article on the Home Inspection. If you have any further questions on home inspections after reading this report or have any questions regarding real estate in general, please feel free to email me @ Dan@DanCorcoran.ca any time!

Best...Dan


'The time and effort it takes to finally arrive in your new home can be stressful enough without the added anxiety of dealing with unexpected problems after you move in. Failing to take the time to assess the physical condition of a new home is a recipe for disaster. Unexpected repair costs can be crippling to a family on a tight budget. Home inspectors can better inform you of your home's physical condition and make you aware of damage that could potentially cost you thousands of dollars to repair.

You may wonder what a home inspection is, or why you can't simply do it yourself. The reality is that home inspections are extremely thorough and only an extensively trained and experience individual can carry one out effectively. Home inspections are a visual analyses lasting about three hours. The assessment includes roofing, plumbing, heating, electrical, interior and overall structural integrity. The home inspector's goal is to ensure that all physical aspects of the home are structurally sound and to determine the need for repairs, both immediate and in the future. The home inspector's findings will be presented to you in a report within 24 hours. Alan Glushko, of Allmax Home & Property inspectors says that a proper home inspection will not only ensure your home is structurally safe and sound, but we will also save you money.

'For example, it is not unusual for unchecked water leakage to lead to the need for an exterior excavation at the cost at least $5,000' he says.

However, it is important to remember that not all home inspectors and not all home inspections are created equal. In order to undertake a home inspection the new home buyer must first find an appropriate inspector. It is best to choose an RHI, or registered home inspector. This designation can only be passed on to an inspector who is approved by his/her province's inspection association. Aside from seeking an RHI there are a number of other characteristics you should seek in your inspector;

Experience: This is not always easy to determine but choosing an inspector with a lot of experience will help ensure a very thorough and professional inspection.

Qualifications: If you are unsure, ask for proof that your inspector is an RHI and don't hesitate to ask for references.

Educational background: Choose an inspector with an appropriate engineering or related university degree.

Integrity: Choose a prompt and thorough inspector who takes the time to answer your questions and provides a complete report.

New home buyers should be also be very familiar with these guidelines as, according to Glushko, buying a new home doesn't mean that there can't potentially be problems. "The responsibility is on the buyer to hire a suitable inspector and to ask as many questions as possible. A competent inspector will encourage any type of questions and be able to answer everything" he added.'

Source: TheStar.com