~~A home inspection is an assessment of the physical structure and all major systems by a licensed professional. It commonly includes an examination of each visible aspect of the interior and exterior of a home. A professional home inspector has usually inspected thousands of structures and is therefore abreast of all the factors of home construction, heating and other major systems, and how they all should function. Even a capable home buyer may not have the expertise of a proficient inspector. Below is some home inspection tips for home buyers and sellers.
HOME BUYER TIPS
Home buying is a significant investment that you should not approach blindly. An inspection identifies the condition of a home and necessary repairs. You may find that most defects are minimal and can be easily fixed, while others may tell you not to buy a specific home. Alternatively, an inspection can also confirm that a property is in great condition. Negative or positive, having this critical knowledge will help you make better real estate purchase decisions. A buyer agent can help you analyze and negotiate inspection items in a way that is reasonable yet at the same time protects your best interests.
HOME SELLER TIPS
Sellers may obtain home inspections to consider necessary repairs in their property before trying to sell it. A renovated home listing may sell better than one that is not. If you choose not to correct all of the problems uncovered in the inspection, be aware that you are required to disclose any known defects to potential buyers. This is not necessarily a bad thing since the buyer would ultimately uncover those items during their own inspection and would likely negotiate the repairs or request monetary compensation. By providing the information in advance, buyers can take it into account when making an offer, saving you the trouble of negotiating with them after the inspection.
COSTS AND OTHER CONSIDERATIONS
The cost of an inspection usually depends on the size of the home. Additional fees may apply for detailed testing of things such as lead or radon. Fees can also vary based on the expertise of the inspector. Review the qualifications of an inspector related to training, experience, and professional certifications. Even with the expense, an inspection is important when compared to the large financial commitment that you will be making in the home. For additional guidance on Staten Island NY home inspection tips and tips for home buyers and home sellers, contact one of our experienced agents at S.I. Premiere Properties by calling 718-408-1499