Home Inspection: It’s Due Diligence you shouldn’t skip!
Under contract?! What are next steps?
- Deposit the earnest money – Miss this deadline and your contract is voided. NOT kidding.
- Get cracking on your loan if you need one. Your lender requires all sorts of documents and signatures lickity-split and will guide you through the process.
- HOME INSPECTION. Don’t ask me if you really need one. Don’t you want to know what you are buying?
There is peace of mind that comes with a home inspection. Whether you would take it as-is or not is your choice but understanding what as-is actually means, is important too. What needs attention now and what can you save up for or defer until later? This is important stuff.
Most things that a home inspector finds, you can live with, at least temporarily. On my list of way common issues that should be fixed but are not emergencies are:
- The door between the garage and the house doesn’t self close.
- There are branches from trees in your yard touching the roof that need trimming back.
- Small cracks in the concrete garage floor or driveway should be filled with silicone.
- An outlet has reverse polarization.
- Gutters are full of leaves and should be cleaned out.
- Ceiling fan doesn’t work.
- Deck needs staining.
- Insulation missing in crawl space.
- Interior door doesn’t latch properly.
- Garbage disposal makes a heck of a noise.
My list of things that might need attention now (right after closing if the Seller won’t do for you prior to closing):
- Water leaks – anywhere.
- Gas leaks – anywhere.
- Electrical safety issues.
- Questionable furnace – cleaning, safe and effective function, age.
- Questionable water heater – age, operation.
- Roof – leaks, hail damage, missing shingles or flashing, end of life.
- Main sewer line – integrity, blockage.
- Siding – missing paint, holes.
- Windows – broken, unable to be closed or locked.
- Locks on doors – must work!
Scott Home Inspection put together a nice article of the top 10 most commonly found issues of the 4000 home inspections they completed in 2017. Read here.
Sometimes, it has been a really long time since someone checked the basement…