To minimize unpleasant surprises and unexpected problems, home buyers need to know as much as possible about the home before they buy. An inspection can identify looming major repairs or builder oversights. With many choices on the market now, including foreclosures and short sales that can be riskier for buyers, an inspection is especially important.
A standard home inspectors report will cover the condition of the homes heating system; central air conditioning system; interior plumbing and electrical systems; the roof ,attic and visible insulation; walls, ceilings, floors, windows doors; foundation, basement and structual components. The report will also include systems and components the inspector finds not functioning properly, significantly deficient, unsafe or are near the end of their service lives.
Many buyers do not realize that appraisals are not home inspections. A professional home inspection is an examination of the current condition of a home. It is not an appraisal, which determines the homes market value.