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What Home Inspections are About A home inspection is defined as the examination of the systems and physical structures of a home; it gives a detailed ‘picture’ of the current condition of the home. Home inspection purely aims on determining risks involved in buying a new home; but the inspector will not be able to stop those risks and predict the future because of a change in habitation. What is included in the inspection is potential safety and health issues, and areas in need of repair. Texas inspectors are require to be licensed by the TREC (Texas Real Estate Commission) and that they must comply with the TREC standards of practice whenever an inspection is done in the home of a potential buyer or seller of a one-to-four residential home. Remember that the inspector does not need to move any object or furniture inside the home. Hence, it is a must that you clear out of objects the major components of the home before the inspection. The inspector will have to jot down which objects were inspected (I), not inspected (NI), not present (NP), or/and deficient (D). The deficiencies may contain water penetration, damage, material distress, deterioration, inoperability, unsuitable installation and missing parts. The objects in the report does not require the seller or buyer to do the fixing. The people who signed the contract will be the only ones to decide whether they will fix the deficiencies or not. Please never forget that some items will have something to do with safety issues and building codes; but only a few homes will comply to it. How much will a home inspection cost? There will be factors that can affect how much your home inspection will cost; age of the house, its size, particular features of the house and possible option systems detected.
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The cost will range from $250 to $400 for a home inspection and additional fees for optional services like the: swimming pool, lawn sprinkler system, hot tubs, spas, outdoor cooking equipment, outbuildings, private water wells, gas supply systems, whole house vacuum systems septic systems and other built in appliances. The decision if to have a home inspection should not rely on the possible costs. Is it possible for a home to fail the inspection? Definitely no, because it is an examination only of the current condition of the house. There is no ‘fail’ or ‘pass’ rating. When should a home inspection be scheduled?
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When the signing of the contract purchase is done, a home inspection should be done as soon as possible. In that manner, problems will be determined soon enough so that you can talk to the owner and arrange repair. Remember that everything will have to happen during the option period.