The Importance of Home Inspections before Buying

A home inspection prior to purchasing a house or condominium can bring peace of mind when signing the sales contract.  Knowing what to expect both inside and out will help you make an informed decision about the value of the house and the future upkeep.  The inspection accomplishes two important goals.  First, it gives you a chance to determine the condition of the house, its structural soundness, and the condition of its mechanical systems.  Second, it brings any problems to the seller’s attention at a time when they can be resolved before closing a sale.  If you sign a contract before inspection, consider including a clause that the sale is contingent upon a satisfactory structural inspection, and specify when the inspection is to be carried out. This way, you are protected.

A comprehensive inspection is a visual examination of the structure from top to bottom.  This includes the heating, air conditioning system, interior plumbing, electrical system, roof, visible insulation, walls, ceilings, floors, windows, doors, foundation, basement and visible structure.  Following the examination, the inspector will provide a report that not only points out possible defects or areas of concern, but also indicates positive aspects of the structure.  As well, this inspection identifies what type of maintenance will be necessary to keep the house in good shape.  Even the most experienced homeowners lack the knowledge and expertise of a professional inspection firm.  For example, watermarks in the basement may indicate a chronic seepage problem, or simply may be a result of a single incident.

A professional assessment will provide complete information about the condition of the property you are considering and will help avoid any unpleasant surprises after the sale. In addition, a home inspector can remain totally objective, while you as a prospective buyer may be emotionally involved.

The inspection fee for a typical single family dwelling can vary depending upon the geographic area.  The particular features of the house such as size, age and special structures will be taken into consideration.  For instance, a semi-detached house in Scarborough built in 1965 will have a different inspection fee than a condominium in North York, built in 1990.  The decision to have a home inspected is a good investment.  A good inspection can make you aware of defects, maintenance requirements, and upgrading requirements, that could end up saving you more than double the cost of the inspection.

Elaborate decorating should not sell you on a house.  Remember, you are also buying structural and mechanical systems.  Walk through a house twice before you hire an inspector.  The first time, look at the rooms, the floor plan, and envision your own decorating ideas for the house.  The second time, go back and look at the condition of the walls, doors, appliance, and plumbing.  If the home still looks good after two visits and you’re getting serious about the purchase, hire an inspector.

Tips for Finding Reliable Inspectors

• Inspectors should be licensed in building related fields; architects, contractors, and structural engineers are good examples.
• When interviewing a potential home inspection firm, carefully inquire about the specifics of their work and company.  Ask how long they have been in business.  Ask for references from previous customers.  Find out what type of insurance they carry and do they guarantee inspections?
• A home inspection usually lasts about three hours.
• Professional inspection companies will be happy to answer all of your questions.
• Avoid firms that issue only a verbal report!!  The report should be in narrative form, not just a checklist of items inspected.  The home inspector should issue a written report with accurate cost estimates for any major defects discovered during the inspection.
• You may find it valuable to accompany the inspector as he goes through the house.

Property inspections are not limited to residential properties.  Many inspectors help homeowners with analysis and solutions to specific problems such as energy conservation, wet basements or cracked foundations.  Inspectors also inspect work upon completion to ensure that a contract has been properly fulfilled.

If you are considering purchasing a home, the Ontario Real Estate Association advises that you invest in an inspection by a reputable and qualified inspection firm.  Buying a home is one of the biggest decisions you will make.  Know what you are buying and what your future upkeep obligations will be.

For more information regarding home inspections contact the Ontario Association of Home Inspectors (www.oahi.com).