What is a home inspection?
A home inspection is a visual examination of the home's major structure, systems and components that are visible and safely accessible. The inspector should substantially adhere to a standards of practice that outlines what should be covered during a general home inspection, as well as what is excluded. Some inspectors may strictly follow the standards of practice, while others may exceed the standards and inspect other items, or perform a more detailed inspection. Whatever the inspector includes in his or her inspection should be discussed prior to the inspection – this is known as the scope of work. The inspector should be able to provide you with a copy or online link to the standards of practice they follow. The inspector should provide you with a written report, which may include photos and/or recommendations, of his or her findings of the inspection. Read InterNACHI's Standards of Practice to find out what is typically included and excluded in a home inspection.
Why should I get a home inspection?
Buying a home is typically the biggest investment you will ever make, so it's important to get a home inspection because the inspector should be able to discover and document defects that may or may not be obvious to you as a prospective buyer. Such defects can range from simple replacements or repairs, to severe damage or safety and health concerns. Additionally, most mortgage companies require a home inspection on a property before approving the home loan.
At what point in the real estate transaction should I schedule a home inspection?
A home inspection is usually scheduled after an offer has been made and accepted, but before the closing date. That way, the inspector can rule out any major defects that could be dangerous or costly. In rare cases—due to timing or contractual issues—the inspection can be scheduled after the closing date. If this is the case, the home buyer should schedule the inspection for the earliest possible date after closing.
Should I be present for the inspection?
You should attend the inspection, and you should reconsider hiring an inspector who doesn't allow this. You will certainly gain a better understanding of the home's condition, which will give you insight into its potential sale points and defects. Additionally, you will learn information about the home's maintenance, systems and components that may provide useful for the transaction.
What is the Buy-Back Guarantee and how does it work?
If your InterNACHI® Certified Professional Inspector® participates in the Buy-Back Guarantee, InterNACHI® will buy your home back if the inspector misses something on your inspection.
Here’s how this program works:
Here’s how this program works:
- It's valid for home inspections performed for home buyers only by participating InterNACHI® members.
- The home must be listed for sale with a licensed real estate agent.
- The Guarantee excludes homes with material defects not present at the time of the inspection, or not required to be inspected, per InterNACHI's Residential Standards of Practice.
- The Guarantee will be honored for 90 days after closing.
- InterNACHI will pay you whatever price you paid for the home.