You’ve just found the home of your dreams. It’s the right size; the layout is perfect; the extra addition would make a great workshop. In your mind you have already moved in. But wait, before you call the movers, there are vitally important issues that need to be addressed. One very important issue is the professional home inspection.

You ask, “So why do you need an inspection? Everything looks new.” Inspections take time and money you perhaps had not counted on. Besides the lender is getting an appraisal….isn’t that enough?

Too many people get to this point and make a grave mistake of waiving the home inspection. Buying a home is probably the single largest investment you will ever make. It makes sense to learn as much as you can about the property you are planning to buy just in case there are major repairs to be made. Protecting yourself now will save the regrets later. By placing an inspection clause in your purchase contract or even making sure your purchase is contingent on the findings of a home inspector, provides you a bargaining tool and a way out if repairs are too extensive.

Immediately after you sign the purchase contract you will need to contact an inspector and schedule the home inspection. The time allowed for the inspection is specified in your contract. Be sure you know how much time is allowed for your inspection and be diligent about staying in that time frame.

Plan to be present at the end of the inspection. It is the perfect opportunity to find out about that extra valve control in the backyard.

Your realtor can be a great source for reputable inspectors and will be happy to recommend one for you. If you choose one on your own, it is important to get a professional home inspection done by a reputable inspector. Now is not the time to skimp by getting cousin Bob to do it. Check to make sure your inspector is a member of the American Society of Home Inspectors (ASHI) http://www.ashi.org/. ASHI members meet high educational requirements and follow professional standards.

So what can I expect during an inspection?
The inspection will consist of a visual exam from top to bottom, roof to foundation. Inspection of the plumbing, electrical heating, cooling systems, appliances, walls and floors are likely. Note I mentioned this to be a VISUAL inspection. Don’t expect your inspector to dig up your yard and check the pipes under the house. He also can not see behind walls or under wall to wall carpet.

Usually, your inspector will submit a full report after completion. The report will include minor and major problems. Some provide photo’s of damaged areas, which can be helpful in determining the degree of any damage.

After reviewing your report you can now consider yourself better informed about the condition of your dream house and will be able to complete your purchase with confidence and peace of mind. This is also why hiring a professional Realtor is vital. He/she will be able to help you through this entire process and advise you on completing the Buyer’s Inspection Notice to Seller.