When you’re out house hunting and decide you’ve found your new home the next event after having your offer accepted is to call for a home inspection. Some people feel uncomfortable knowing the home they picked may have issues that will be discovered by the inspector. Sometimes that’s true and sometimes the home is in great shape with only minor things that could be handled by you, its new owner. It’s your decision on how to proceed but generally speaking the vast majority of homes on the market are in ready to occupy condition. But still, for some of us, a home inspection is new territory so let’s address some major questions.
- Does it cost a lot? For small homes pricing starts at $325.00 and goes up, older homes take more time so may cost a little more and very large homes will be more expensive to inspect but in general most homes will be between $350.00 and $450.00 for a thorough inspection with a 30- 50 page report with photos and explanations on the conditions found.
- Is there any hidden pricing when hiring a home inspector? In all the years I have been inspecting I have never raised my fee after starting the home inspection. There are ancillary services that would ad cost such as a septic or well test. Radon testing and infrared reporting will also add cost but you have every right to inspect only what you feel is important.
- Will it kill our deal? No, it will not kill the deal but the home inspection report may make you aware of deficiencies that you may be OK or not with. Such as a noisy furnace (might need a new fan motor), rotten deck support posts, one or two unsafe outlets etc. None of these things mean you should not buy the home but you may want to reconsider your offer. It’s not mandatory the seller fix anything but the seller may offer to repair or reduce the price. A $400.00 inspection fee may return itself or even a few thousand in concessions.
Don’t fear the home inspection. We’re working only for you and all things uncovered can be discussed privately and without drama. It’s a business deal before it’s your home.