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.