Blog

Monday

25

MAY

2015

What to expect from a home inspection

The purchase of a home will no doubt be one of the largest purchases you make in your lifetime.  Statistics show that today’s consumers do the research and educate themselves prior to making such a life changing commitment.  One of the steps that should be included in this process, whether it be a resale home purchase or a new build, is a home inspection.

Here is what to expect:

  • A home inspection is designed to help you understand the condition of a home.
  • Qualified home inspectors perform a complete visual inspection of a home to assess its condition and all of its systems.
  • Identify any components that aren't functioning properly as well as anything that is unsafe.
  • Provide you with a detailed assessment of a home's current mechanical and structural strengths and weaknesses.
  • A pre-purchase inspection for a 165 to 205 m² (1,800 to 2,200 sq. ft.) home typically takes about three hours and costs around $500 (price may vary by province).
  • Following the inspection, you will be presented with a written report, including all the details of the inspection.
  • It is recommended that you accompany the inspector during the inspection to understand all aspects of the home you're considering purchasing.

Source: CMLS Financial

Don’t know a home inspector?  Speak to your One Link Mortgage Advisor.  They will assist you every step of the way as you purchase your new home.