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What is an Inspection Worth?

September 18, 2007

Home inspection costs vary dramatically, depending on the
region, size and age of the house, scope of services and
other factors. A typical range would be $300-$500, but
consider the value of the home inspection in terms of
facilitating a smooth transaction, the investment being
made and preparedness to go to market.

How important is a smooth transaction to Real Estate
Agents? In the fast paced world or real estate, time is
money. The cheapest home inspector may not be the best when
it comes to facilitating a smooth transaction. Inspectors
that are unreliable, inexperienced or lack communication
skills can cost you a sale. When recommending home
inspectors, consider the inspectors reliability, experience
and ability to work with buyers. Choose inspectors who are
willing to invest the time it takes to make a potential
buyer fully aware and comfortable with their decision to
buy a home. This is the best guarantee for a smooth
transaction.

How important is a home inspection to a buyer? Possibly the
most important insurance policy a home buyer can invest in.
Buying a home is one of the largest expenditures some
people make in their lifetime. Considering the cost of the
investment, doesn’t it make sense to get the BEST home
inspector available? There are no federal regulations
governing inspectors and the laws differ state by state so
interview your inspector before hiring them. Credibility is
a big issue in choosing the right inspector. Choose an
inspector that has several years of inspection experience
and is willing to take the time to conduct the inspection
with you and explain, in layman’s terms, the condition of
the home.

What are sellers looking for in an Inspection service? Good
quality service without alarmism. Sellers need to be aware
of the condition of their home before they list it. An
inspection unveils unknown defects and provides homeowners
an opportunity to address issues that may be worrisome in
the sale of their home. Homeowners should choose an
experienced inspector who will lend his years of expertise
in advising the seller regarded needed repairs for listing
the home. Investing in an experienced inspector at listing
can save sellers later in the sales process.

Qualities of a Good Inspector
· Cost does not necessarily reflect quality.

· Some inspectors highlight experience in construction or
engineering, which can be helpful, but this is no
substitute for training and experience in the unique
discipline of home inspection.

· An experienced inspector will:
o An experienced inspector will ensure that their
inspection and inspection report meets all TREC
requirements.

o Provide his or her history in the profession and
perhaps even a few names as referrals. Good
inspectors should work with a strong network of
experienced colleagues that offer support to each
other.

o Some inspector associations and state regulations
allow the inspector to perform repair work on
problems uncovered in the inspection. Other
associations and regulations strictly forbid this as
a conflict of interest.

o Conduct a two to three hour on-site inspection with
the home owner/buyer present. They will also be able
to explain, in layman’s terms, standards and the
reasons items do or do not meet the standards. Never
pass up this opportunity to see your prospective home
through the eyes of an expert.

o Provide their full report within 24 hours of the
inspection.

o Be committed to continuing education, this is a good
measure of his or her professionalism and service to
the consumer. This is especially important in cases
where the home is much older or includes unique
elements requiring additional or updated training.

North Central Texas Online Guide Serving

Bell County: Bartlett, Belton, Ding Dong, Hawker Heights, Holland, Killeen, Little River-Academy, Morgan's Point Resort, Nolanville, Rogers, Salado, Temple, Troy, Fort Hood; Bosque County: Clifton, Cranfills Gap, Kopperl, Iredell, Meridian, Morgan, Valley Mills, Walnut Springs; Comanche County: Comanche, De Leon, Gustine, Sidney; Coryell County: Copperas Cove, Evant, Gatesville, Jonesboro, Oglesby, South Mountain;  Erath County: Bluff Dale, Clairette, Dublin, Huckabay, Lingleville, Morgan Mill, Stephenville; Falls County: Bruceville-Eddy, Chilton, Golinda, Lott, Marlin, Rosebud, Tomlinson Hill, Westphalia; Hamilton County: Hamilton, Hico; Hill County: Abbot, Aquilla, Blum, Bowman Community, Bynum, Carl's Corner, Covington, Hillsboro, Hubbard, Itasca, Malone, Mertens, Mount Calm, Penelope, Whitney; Hood County: Acton, Brazos Bend, Cresson, DeCordova, Granbury, Lipan, Oak Trail Shores, Paluxy, Pecan Plantation, Tolar; Johnson County: Alvarado, Briaroaks, Burleson, Cleburne, Cresson, Cross Timber, Godley, Grandview, Joshua, Keene, Mansfield, Rio Vista, Venus; Lampasas County: Bend, Kempner, Lampasas, Lometa; McLennan County: Bellmead, Beverly Hills, Bruceville-Eddy, China Spring, Crawford, Elm Mott, Gholson, Golinda, Hallsburg, Hewitt, Lacy Lakeview, Leroy, Lorena, Mart, McGregor, Moody, Riesel, Robinson, Ross, Valley Mills, Waco, West, Woodway; Mills County: Goldthwaite, Mullin,  Priddy, Star; Somervell County: Glen Rose, Nemo, Rainbow.

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