Property inspections are most commonly ordered by home buyers before closing on a home, and they also can be used by current homeowners who want to learn more about the condition of the property they live in. These reports are often a dozen pages or more in length, and they contain very detailed information about components that range from the plumbing and electrical system of the home to the foundation, roof and more. However, depending on your location and the size of the home, a property inspection may cost several hundred dollars or more. With closer examination of where this money goes, you will see that this is a fee well worth paying for.
The Tools and Equipment an Inspector Uses
Because a property inspector will walk through every room of the home and most will even examine the roof, basement and foundation, a wide range of tools and equipment are needed to complete the task at hand. Common equipment used by all inspectors are flashlights, ladders and screwdrivers. Many will also use electrical testers on each outlet in the home, a thermometer to test the heat level in an oven, moisture testing equipment to look for signs of water leaks and more. If your property inspector conducts additional tests, a mold test kit, an asbestos test kit, a radon test kit and other Certified Material Testing Products may also be required.
The Time and Experience Required
Each state has different licensing and certification requirements. Some states require a license renewal with continuing education every year or two. The property inspector must pay to maintain and improve his or her level of education as well as to remain licensed and insured to complete the task that you have asked him or her to do. In addition, there is value in an inspector’s time. Depending on the size of the home, a typical property inspection may take two to four hours or more to complete. The price you pay for a property inspection will directly relate to how much time he or she spends at the property as well as the types of special services he or she provides.
Through a property inspection, you can learn about issues that range from mold growth in the home and a cracked foundation to broken support beams in the attic, wiring issues in the walls and even pest infestation. These and other things that are noted in the report can help home buyers make a more informed decision about which property to buy. They can also be used to help current homeowners take steps to improve the condition of their home. With how beneficial a property inspection report is, you can see that the fee for an inspection report is well worthwhile.