Home inspections and warranties help buyers understand a home’s condition and reduce the risk of costly repairs. As a result, this page answers common questions about home inspections and warranties so buyers know what to expect before closing.
Do I need a home inspection?
Yes. Buying a home “as is” is risky. In many cases, major repairs can cost thousands of dollars and appear after closing.
For example, plumbing, electrical, and roof problems involve complex systems. Because of this, these issues are expensive to fix and difficult to predict without a professional inspection.
How do I find a home inspector?
One option is asking your real estate agent for recommendations. However, keeping the inspector independent from the agent may be a good idea.
Other ways to find an inspector include:
• Checking local listings or directories
• Asking friends or family for referrals
• Reviewing credentials such as a contractor’s license or engineering certificate
• Requesting references from past clients
How do I choose a qualified home inspector?
When reviewing home inspections and warranties, experience matters. In general, buyers should look for inspectors with proven technical training.
Ideally, the inspector should be one of the following:
• An engineer
• An architect
• A licensed contractor
In addition, many inspectors belong to professional trade organizations. These memberships often require field experience and ongoing education.
What role does ASHI play in home inspections?
The American Society of Home Inspectors, known as ASHI, sets inspection standards and a professional code of ethics for its members.
Because membership is not automatic, inspectors must demonstrate field experience and technical knowledge of home systems and appliances. As a result, buyers often trust ASHI members.
Inspection costs vary. In most cases, inspectors charge around four hundred dollars. However, prices increase based on home size and inspection scope.
What is a home inspection?
A home inspection involves a paid professional examining a property for defects or potential problems. Typically, inspectors are contractors or engineers and represent the buyer.
In most transactions, the buyer pays for the inspection. After the purchase contract is signed, the inspection usually takes place before closing.
Reviewing home inspections and warranties with a qualified professional helps buyers protect their investment and avoid surprises.
