What Home Inspections are About A home inspection is defined as the examination of the systems and physical structures of a home; it gives a detailed ‘picture’ of the current condition of the home. The main goal of the inspection is to help downgrade the risk involved with buying a new home; but the inspector will not be able to get rid of those risks and cannot determine future happenings because of changes in habitation. A part of the inspection would be determining the areas in need of repair, and the potential safety and health issues. Texas inspectors are require to be licensed by the TREC (Texas Real Estate Commission) and that they must comply with the TREC standards of practice whenever an inspection is done in the home of a potential buyer or seller of a one-to-four residential home. Remember that the inspector does not need to move any object or furniture inside the home. Thus, it is important that you clear the major components of the home before the inspection. The inspector will take down notes of what were inspected (I), not inspected (NI), not present (NP), or/and deficient (D). The deficiencies may contain water penetration, damage, material distress, deterioration, inoperability, unsuitable installation and missing parts. The objects noted on the record will not require a fix by the seller or buyer. The people who signed the contract will be the ones to decide if they are going to fix the deficiencies or not. Remember that there will be items listed that has something to do with safety issues and building codes; and only a few homes will comply to it. Home inspection fees There are a few factors that will determine the home inspection fees: age of the house, its size, specific features of the house and possible option systems detected.
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The cost will range from $250 to $400 for a home inspection and additional fees for optional services like the: swimming pool, lawn sprinkler system, hot tubs, spas, outdoor cooking equipment, outbuildings, private water wells, gas supply systems, whole house vacuum systems septic systems and other built in appliances. The decision as to avail of a home inspection should not solely depend on the possible costs. Will a home fail an inspection? No, a home will not fail because it is only an examination of the current condition of the house. There is no ‘fail’ or ‘pass’ rating. When is the best time for a home inspection?
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When the signing of the contract purchase is done, a home inspection should be done as soon as possible. In that manner, problems will be determined soon enough so that you can talk to the owner and arrange repair. Remember that each of these will have to happen during your option period.