Dayton Ohio home inspection facts will always be a topic of discussion in real estate circles. Home inspections are likely to remain in steady demand as the real estate market is expected to continue to be relatively good in 2017. Home inspections are, of course, a valuable tool in assisting buyers in making informed, educated decisions about a house they’re considering purchasing.
Home inspections provide a great deal of valuable information about the overall condition of a home. In addition, the inspection will assess those areas that may require both small and large repairs, as well as any visual issues that may affect the structural components of the house. As with any subjective art or science, the home inspection industry is often victim to a wide variety of myths and misconceptions. Let’s take a look at some of the more prevalent myths and see if we can separate fiction from the Dayton Ohio home inspection facts.
Myth: The home inspection report will contain everything I will need to know about the house I’m going to purchase.
Fact: The home inspection report will include a good deal of information about your home. However, prospective homeowners are encouraged to accompany home inspectors as they inspect the home. Having the potential new homeowner present will give them the advantage of observing and hearing first-hand what the inspector sees and thinks about the home’s condition. In addition, an inspector will usually give the homeowner suggestions and advice on the maintenance of many areas of the home.
Myth: A real estate appraisal is essentially the equivalent to a home inspection and is just as thorough.
Fact: An appraisal and a home inspection aren’t the same thing, nor do they set out to determine the same results. There’s a reason both an appraisal and a home inspection report are required by most lenders on real estate transactions – and the reason is they are two entirely different processes. An appraisal is a determination of the fair market value of a home or other piece of real estate. Utilizing Dayton Ohio home inspection facts can determine the condition of a home and its component parts – plumbing systems, electrical systems, roofs and floors, etc. – which, of course, may affect the home’s value, but the inspection report is more concerned with the home’s actual condition.
Myth: A home inspector can let me know everything that can maybe go wrong with the house I’m thinking about buying.
Fact: While a home inspector is obligated to list in his report items that aren’t working properly or efficiently, he has no way of knowing when certain systems or components will fail. The inspector can only observe the functions of various aspects of the home at the time of the inspection. For example, the home inspector may cite that a home will need a new roof within the next 3-5 years. However, if conditions deteriorate more rapidly than that, a prospective homeowner may find he needs a new roof in less time than was originally estimated. In addition, as has been said of home inspectors in an effort to explain what they can see and can’t see, inspectors aren’t equipped with x-ray vision and can’t see through walls, floors, brick, wood, or concrete. Inspectors can only report on what they view at a particular point in time with a trained eye knowing what to look for. One last thought regarding a home inspection: Read your inspection contract. Some agreements don’t include such items like pest inspection and septic tank failure. These could likely be extras that aren’t part of a standard contract. So, if you’re confused or have a question as to what’s covered and what’s not, ask your home inspector to explain it to you – and show it to you in writing.
Myth: All home inspectors are licensed and qualified. Plus, my home inspector says he’s certified, so I should be safe, right?
Fact: Licensing for home inspectors is only required in 30 states throughout the United States. In addition, even inspectors who are licensed will have varying degrees of qualifications. While some home inspectors receive their job training and certification via a variety of related programs and educational offerings, certification does not always equate to competency, and certification is not guarantee that an inspector is fully trained. Some home inspectors receive their training from online courses – having never completed an on-site field inspection, nor passed a comprehensive test for home inspection knowledge. While technically they may have received a certification, they clearly aren’t as field-tested as other inspectors may be.
The American Society of Home Inspectors (ASHI) has taken steps designed to set certain standards for performance for its members. ASHI has several levels of certification and offers full certification to those inspectors who have completed a minimum of 250 home inspections and have passed a comprehensive examination. If you want to know more about your home inspector’s qualifications and just how much he knows about Dayton Ohio home inspection facts, have an in-depth discussion with him. Ask about his training and field experience. It’s also a good idea to ask for a sample of a typical home inspection report so you can see firsthand how thorough the report will be.
Knowing more about the home inspection process and the people that provide the service will give you greater awareness and confidence in the results of the report. In addition to the peace of mind, you’ll likely be more prone to accept and understand the inspector’s findings about the house you’re contemplating buying.
Be on the lookout for these and other myths to distinguish from Dayton Ohio home inspection facts. They are great for providing a certain amount of information about a home. Just make sure you understand what that information is and what is being reported, recommended and observed by the home inspector.
You can find more articles pertaining to Dayton Ohio home inspections in the Dayton Ohio Home Inspections section of our site below Dayton Ohio Real Estate Categories in the column to your right.