According to the first-ever Home
Inspection Industry Study, seventy-seven (77%) percent of all recent home
buyers obtained a home inspection prior to the purchase of their homes.
Among these home buyers, ninety-seven (97%) percent believe that the home
inspection was a good value for the price they paid.
In the survey, conducted jointly by the American Society of Home Inspectors
(ASHI) and the National Association of Realtors(R) (NAR), findings indicate
that home inspectors, professionals hired to inspect homes bought and sold,
have become an integral part of the real estate process.
Key Findings
The study surveyed home buyers and real estate agents via an omnibus poll,
which was divided regionally between the Midwest, Northeast, South, and West.
Key findings showed that among those who had a home inspection:
81% had a contingency placed in the contract for the inspection.
79% attended the home inspection, a step that Ghent encourages home
buyers and sellers to take.
Among realtors, (99%) recommend that the buyer get a home inspection, with
92% saying they ALWAYS make this recommendation, and an additional 7% saying
they OFTEN do so.
These and other results, as well as additional information on the
methodology
employed in the study, are available from ASHI at http://www.ashi.org .
Published: April 3, 2001
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