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An Overview of Home Inspections. Why Home Inspections are essential for a successful home ownership.

An Overview of Home Inspections. Why Home Inspections are essential for a successful home ownership.

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    First Time Homebuyers First Time Homebuyers Presentation Transcript

    • An Overview of Home Inspections
      Presented By
      Rick Michalicek
      ASHI Certified Inspector
      ASHI #246060
      Moore Home Inspection Services, LLC
      (314) 727-6868
    • What is a Home Inspection?
      Wikipedia says:
      "A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. This is usually conducted by a home inspector who has the training and certifications to perform such inspections. The inspector prepares a written report, often using home inspection software, and delivers it to a client, typically the home buyer. The client then uses the knowledge gained to make informed decisions about their pending real estate purchase… "
    • There are many types of inspections…
      Pre-Purchase Inspections (most common)
      Pre-Listing Inspections
      Follow Up Inspections
      New Construction Inspections
      Bank/Insurance Company Inspections
      Single Component Inspections (e.g. roof only)
      Disaster/FEMA Inspections
      Municipal (occupancy) Inspections
    • Additional Services Often Provided
      by Inspection Companies…
      Wood Destroying Pest Inspections (termite)
      Radon Gas Testing
      Home Energy Auditing
      Lead, Mold and Asbestos Testing (by laboratory)
      Structural Engineering Services
      Septic Tank Inspections
      Sewer Lateral Inspections (video)
      Water or Air Quality Assessments
      Neighborhood Environmental History
      Geotechnical or Soil Evaluations
    • What’s Typically Covered During a Home Inspection?
      EXTERIOR ELEMENTS - Above grade walls, exposed foundation, trim, etc.
      GROUNDS - Landscaping, flatwork, site grading, stoops/decks/porches, etc.
      GARAGES/CARPORTS - Garage or carport structure, slabs, firewalls and doors
      ROOF - Roof coverings, chimneys, exposed flashings and guttering systems
      KITCHEN - Counters, cabinets, sinks, ventilation and installed appliances
      BATHROOMS - Sinks, toilets, bathtubs, showers and ventilation
      INTERIOR ELEMENTS – Walls, ceilings, doors, floors, windows, stairwells, etc.
      PLUMBING - Main services, supply lines, waste lines and water heaters
      HEATING/COOLING – Fuel system, furnaces, air conditioners, ductwork, etc.
      ELECTRICAL – Main services, panels, branch wiring, switches, outlets, etc.
      STRUCTURAL – Slab-on-grade, crawl spaces, foundations, basement floors, beams, columns, floor joists, attic structures, etc.
    • Timing & Delivery of Reports
      Here’s what you can expect for the timing and delivery of an inspection report…
      - Inspections typically last between 2 and 3 hours
      - Some reports are delivered on-site, others are not *
      - In today’s market, most reports are supplied through
      e-mail, web download or on a disc
      * Be cautious of “checklist” style reports and reports which are delivered too quickly (on-site). You may not be getting the most for your money!
    • When is a Home Inspection
      Typically Performed?
      For a traditional pre-purchase situation:
      - AFTER THE REAL ESTATE CONTRACT HAS BEEN SUBMITTED
      - DURING THE ALOTTED INSPECTON PERIOD (usually 10 days)
      - BEFORE CLOSING ON THE HOUSE
      Don’t wait too late to call an inspector! Schedules can fill up fast!
    • The American Society of Home Inspectors (ASHI)
      - Oldest and most respected professional home inspector organization in the U.S.
      - The most stringent standards and requirements in the industry
      - More real estate professionals ask for and promote ASHI Certified Home Inspectors than any other organization
      Go to www.ashi.org for more details on ASHI.
      See a list of local ASHI inspectors at www.stlashi.org
    • Keep in mind…Price isn’t everything!
      Your about to make perhaps the largest purchase decision in your life. It is highly recommended that you NOT choose your inspector based solely on pricing!
      $
      $
      $
      Check his references…Ask for a sample report… Check with the Better Business Bureau…Check his qualifications and associations (like ASHI)…Once this is completed, then choose the best value.
    • So, do home buyers really need
      a Home Inspection?
      That’s a fair question…
      But let’s consider the following real situations which we recently uncovered for our clients…
    • Looks like a nice house with a
      fairly modern electric panel…
    • Upon closer inspection, the panel has been scorched/melted and will need replacing
      A new electric panel can cost well over $1000.00!
    • This is a cute house with a nice
      rear addition on the back…
    • …But the crawl space below the addition will need extensive repairs to correct a major moisture problem!
      The repair bill was over $7000.00!
    • Here’s a cute house with a fairly new roof…
    • Too bad it was installed improperly
      and is already damaged…
      Damage at front edge
      Roof pitch too low for shingles
      This repair will likely
      exceed $1000.00!
    • Thank you for your time.
      ANY QUESTIONS?