When selling a home, a buyer will usually rely on the experts to thoroughly inspect and report on the property before the transaction is completed. This is often a requirement imposed by the mortgage lender and getting a Home Inspection Report can be money well spent. A report can identify potential problems and can sometimes be used as a bargaining point to reduce the sale price.
Sometimes a Home Inspectors report will highlight home improvements that have gone wrong. In some cases, the home improvements may not have the required paperwork, to show that they are legal and comply with local by-laws. In other instances, the renovations may be incomplete, or done to a very poor standard. In either case, someone will need to fix the renovations or pay for a trades-person to do the necessary work. That person will be either the vendor or home buyer depending on what terms of sale are included in the contract.
Commissioning a report is not all bad news for the vendor. By knowing the problems, a vendor can make a decision in advance to fix them, or face the possibility of accepting a lower price for their property.
Here are 4 examples of potential problem areas that could require fixing up prior to sale:
1. Soffit’s and Fascia
The home inspection report will usually state whether the soffit and fascia are wood, aluminum or plastic. The home inspection report may reveal details of any loose or missing sections, paint problems, and if there are any visible signs of rot.
2. Porches and Decking
The home inspector will usually thoroughly inspect porches and decks (including the underside) for signs of rotted wood, wood-earth contact, paint problems, cracking or flaking masonry, and report on any separation from the house.
3. Stairs and Walkways
When selling a house it pays to keep stairs and walkways (inside and out) free of obstructions. This not only looks better, but can be a safety issue when access is cluttered. The home inspector will check that railings are steady.
Although leaks may not be visible on the ceilings of rooms, a home inspector will usually check the attic for evidence of roof leaks. Common areas for leaks are areas around flashings such as skylights, chimneys, and vent pipes. Although these areas have probably been sealed with a black mastic compound, the mastic deteriorates over time and leaks can result.
The home inspector will often look for loose flashing’s, particularly at the chimney and roof-to-wall connection.
The inspector will also probably look to see if the roof sagging between the rafters or trusses…and to see if the roof ridge (peak) is sagging in any way, or whether it is straight and level.
Any signs of deterioration of asphalt shingles would normally be noted on a home inspection report. Deterioration of the shingles could include warping, broken edges, rounded corners or slits becoming wider than would normally be expected. The home inspection report might also note if there any visible roof vents, or if there are trees overhanging the roof (potentially adding weight and blocking spouting).
The home inspector might also report if the wooden roof decking appears rotten or delaminated under the last row of shingles. These will require fixing.
When done professionally, a home inspection will be extremely thorough and, will most likely identify some problems (or potential problems). Most problems will be minor in nature and can be repaired after closing. Even newly constructed homes will have problems noted on a home inspection report.
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