| What
Every Buyer Should Know About Home Inspections
A balanced,
accurate home inspection enhances most real estate transactions. It also
protects the interests of all parties involved.
What is a home
inspection?
The objective of the home inspection is to provide the buyer with a
better understanding of the house. It will dispel many of the anxieties
held by the average purchaser. The inspection is more of an educational
seminar than a negative critique of the home. The inspector will
review the functional aspects of the home: (ie.) all exterior
elements, the structure, the heating, plumbing and electrical systems.
Cosmetic issues like carpet condition or surface scratches on wall and
ceilings are not the focus. Home inspection has become a common and
accepted practice in real estate over the last few years.
Who is a home inspector?
Most experienced home inspectors are fully accredited members of the
Ontario Association of Home Inspectors (OAHI). This criteria will ensure
that the inspector is impartial, experienced, ethical and properly
insured. All parties involved in the real estate transaction rely on an accurate
and fair building inspection report.
How will the inspector
review the house?
The inspection is primarily visual. There will be no drilling of
walls or dismantling of components. Most inspectors will climb onto the
roof. They will review the major systems of the house using normal
operating controls such as operating the thermostat, plumbing fixtures
and turning on lights.
When will the inspection
take place? How long will it take?
It may take you two to three business days to arrange for an OAHI
inspector to visit the house. The average home inspection will take
approximately two to three hours.
How should the home
inspection clause be worded?
A home inspection has become a very common condition included in the
purchase agreement. The clause should be worded to protect your interests
as a home buyer. It should ensure that the inspection will be carried out
by an impartial professional: an OAHI inspector.
Do I, as the Buyer,
receive a copy of the inspection report?
The home inspector provides a copy of the report to the purchaser
only. The inspector cannot communicate their findings to anyone else
but the purchaser unless instructed otherwise.
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