Simply stated, a home inspection is an unbiased visual examination and report on the physical structure and systems of the home from the basement to the attic. Buying a home is most likely the largest single purchase you will make in your lifetime. A home inspection gives you a professional opinion of the home you would like to purchase and peace of mind of the condition of the home. You will know what to expect about the house both inside and outside, and you will be able to make an informed decision about the value of the home and future upkeep. The trained home inspector will check the structural work for safety, how long before the roof will need repair, is the chimney safe and functional, how long before the furnace/air conditioner needs to be replaced, any plumbing concerns, basement leaks, etc. A written report will be given to the buyer of the home, which will identify what has been checked, any conditions or corrective actions suggested, and suggested costs for the repairs. At this point you can decide if you should go forward with the purchase if there are only minor issues. If there are major issues, then you can decide whether you will move forward with the sale. Even the most experienced homeowners lack the knowledge and expertise of a professional inspection firm. For example, watermarks in the basement may indicate a chronic seepage problem, or simply may be a result of a single incident.
The price of a home inspection fees vary, but are approximately $300 and up. This is well worth the money you will spend to get the peace of mind when you purchase a home. If you are considering purchasing a home, the Ontario Real Estate Association advises that you invest in an inspection by a reputable and qualified inspection firm.
Royal LePage Realty Plus Real Estate Sales Representative, Adele Paletta expertise lies in the Greater Western Toronto area including: Mississauga, Oakville and Burlington.
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