Page: 1 2 3 4   DECEMBER 2010 - Page 1 BUYER QUESTIONS What To Ask Your Home Inspector If you have not bought a home recently, you may not be familiar with today's home-inspection process. Here are some important questions -- and answers -- to consider: Why do I need a home inspection? A home inspection allows you to determine through expert examination whether there are flaws or problems in a home you are about to purchase. A smart buyer will always consider a home inspection contingency in their home purchase offer. When do I call a home inspector? As soon as you have a signed purchase offer on a home, call to schedule a professional home inspection. Your purchase agreement may specify an inspection deadline. What does a home inspector check in a home? The inspection will cover the condition of the home's heating system; central air conditioning system (temperature permitting); plumbing and electrical systems; roof, attic and visible insulation; walls, ceilings, floors, windows and doors; foundation, basement and structural components. What issues will a home inspection not cover? If you have concerns about lead, radon, mold, asbestos or other special issues, be prepared to hire a separate specialty-licensed inspector who inspects for these issues. We or your general home inspector can recommend local professionals. How do I find a qualified home inspector? Consider an inspector that is a member of ASHI, the American Society of Home Inspectors. Visit their website at www.TinyUrl.com/FindAnInspector. Depending on local ordinances, your inspector may need to be licensed. Will I be able to attend the inspection? It's a good idea to shadow your inspector and ask questions along the way to learn more about the home. How long will a home inspection take? A home inspection can run two to three hours, but varies depending on home size, complexity and characteristics. What will the inspection cost? Home inspection costs vary widely, but be prepared to budget several hundred dollars for a thorough inspection. What type of inspection report do inspectors provide and will I get a copy? Prior to the inspection, ask to see other inspection reports to get a feel for style, thoroughness and terminology. Many inspectors provide reports within 24 hours of the inspection. What if the inspector finds problems with the home that need to be fixed? As your real estate professionals, we'll also advise you whether the home seller should make the repairs before purchase or be asked for a monetary credit to fix repairs after you move in. The home inspection clause in your home purchase contract may allow you to cancel the purchase and find another home to buy if the home repairs are serious and/or expensive and you do not want to take on the responsibility of that home.   Page: 1 2 3 4

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