Buying a home may well be the largest financial investment you will ever make. Naturally, you will want to know as much as possible about the property before you finalize the purchase at closing.
It’s important to hire a knowledgeable, independent home inspector for advise on the overall condition of the property. The purchase contract usually requires specific time periods for each inspection, and it’s critical that these time frames be met. Usually the cost for any and all inspections and re-inspections are paid by the Buyer. Prices can range from $350 to $500 for whole-house inspections.
Structural – Defects caused by poor construction, soil movement, water or drainage conditions, settlement, fire, etc.
Environmental Hazards – Including asbestos, lead-based paint, radon gas, or any other toxic material.
Roof – Can include framing members, decking, and shingle condition.
EMP – Electrical, Mechanical, and Plumbing – Should include electrical and plumbing systems, built-in appliances, heating, and cooling systems, swimming pool/spas, sprinkler systems, and security systems.
Termite – Report would show any visible infestation or visible damage caused by and wood-destroying organisms (termites, water damage, wood rot).
Many companies specialize in only one area of inspection, and others will group several together and offer a package price. Whichever route you go, assure yourself you're getting the inspections you need. Many can be found in the yellow pages or your Broker can provide a list of several of each to choose from.
I am currently an Affiliate Broker at Zeitlin Sotheby’s International Realty and have been an active member of Greater Nashville Realtors since 2009. I came into the business during a challenging time in the market. Through determination and a desire to succeed, I am now one of the top producing agents at Zeitlin Sotheby’s.