Should you invest in a Home Inspection?

I would say yes!

Buying a home is likely one of the most important financial investments you will ever make. But, how do you know if the house is everything it appears to be? Many items and components of a home such as the structure, Heating/Cooling systems, Electrical, Plumbing, and roof just to name a few, could cost you thousands in unforeseen costs if you do not check them out throughly. A home inspection is one of the smartest ways to educate yourself about the physical condition of a property you want to buy.

A home inspection is a visual inspection of the physical structure and mechanical condition of a home, from roof to foundation. The home inspection helps identify problems that may exist, and usually provides preventive maintenance advice. A home inspection points out the positive aspects of a home, defects, as well as the maintenance that will be necessary to keep it in good working order.

It is up to the buyer to ask prospective inspectors questions about their experience and knowledge when deciding who to hire. When looking for a home inspector here are a few areas you may want to check.

Ask friends and acquaintances for recommendations.

Look for someone who is familiar with the type of home to be inspected. Does the inspector specialize in residential or commercial property?

Ask prospective inspectors questions about their professional training, relevant experience and/or length of time in business. Find out if the inspector belongs to a professional association, such as the American Society of Home Inspectors or the National Association of Certified Home Inspectors. Membership in professional associations may offer added assurance of an inspector's qualifications and training.

Look for home inspectors who are committed to avoiding conflicts of interest, who refuse to be involved in any real estate transaction or to deliberately obtain work in another field that could benefit them financially as a result of their inspection work, and who hold the safety, health and welfare of the public paramount in the performance of their professional inspection duties.

Try to be present during the home inspection. The majority of home inspectors will allow you to accompany with them and ask questions during or after the inspection. The inspection can last anywhere from two to five hours, depending on the size of the house.

Ask how soon after the inspection will you receive a copy of the home inspection final, written report. Carefully read your home inspection report and make a list of items that need correction; this will help you to determine your future expenditures for repairs and maintenance. The report will contain useful information that serves as a reference for you in the future. A home can not fail an inspection; understand that the home inspection report records the condition of the home, both positives and negatives.