Buying a home is a significant and exciting step in life, but if it's your first time, there are many steps to learn in the home-buying process. One important thing to know about when purchasing a house is a "home inspection." In this article, we'll talk with Kevin Bishop, Assistant Vice President of Mortgage Sales and Mortgage Services at FAIRWINDS, to explain what a home inspection is and why it’s important.
What is a home inspection, and why do I need one?
“A home inspection is where a licensed home inspector looks at your home,” Kevin describes, “They do a thorough evaluation that usually takes an hour to an hour and a half. They will inspect the foundation up to the living space, electrical, plumbing, walls, the attic, and the roof.”
An inspector will tell you if the house is built to code, has any hidden issues you should know about, or if other things are broken before you buy your home. Ultimately, a home inspection can provide peace of mind, knowing you can make an informed decision in the home you buy.
“In Florida, we also encourage a Wood Destroying Organism (WDO) inspection because that will look for funguses and termites that could cause damage to your home,” says Kevin.
What is included in a home inspection?
An inspector will look at all of these areas of the house:
Outside of the home: They will inspect the roof, siding, foundation, windows, and landscaping to see if there are any visible issues.
Inside of the home: This includes the walls, ceilings, floors, windows, electrical system, plumbing, heating and cooling systems, and test the appliances.
Attic and basement: Check for insulation, ventilation, and any signs of water damage, mold, or pests.
Who should I contact for a home inspection?
Kevin shares, “The best resource for a home inspector is your real estate agent. They will know reputable inspectors in the area for the home you are interested in.” Real estate agents will also have experience working with home inspectors and can provide you with a list of options.
“Also, reach out to your insurance agent to see if you need a 4-point home inspection, normally needed for older homes over 25 to 30 years old, wind mitigation inspection, or other recommended inspections that could save you money on your homeowner’s insurance,” Kevin adds.
Remember that a home inspection is a critical part of the home-buying process, and it's essential to choose an experienced and reputable home inspector. With the help of an inspector, you will make an informed decision when purchasing your new home.