A licensed home inspector will analyze your future home to find out if there are potential problems. You'll inspect foundations, structure, fixtures, plumbing, electricity, appliances, and more. For example, the base may have cracks. The pipe got too old and the dishwasher broke.
In short, whoever organizes and schedules the home inspection should always be present while the home inspector is there. The actual home inspection process is a detailed tour of the property where the inspector will prepare your report. The home inspector's report should identify and highlight visible problems, necessary repairs and potential hazards, with faulty structural or electrical problems, among other things, that would not pass a home inspection. The answer is that your mortgage company can inspect your home if you are late (the technical term is “default”) in paying your home loan.
I bet you that in your mortgage documents it says that you have the right to inspect the property. Evaluating an entire property from head to toe can seem overwhelming, but home inspectors are trained to detect specific warning signs and problem areas. Many home inspectors also offer additional services, such as mold, radon and water quality testing, in addition to performing energy audits. The ASHI provides a standard of practice that guides inspectors during a home inspection as they address everything from the exterior to the plumbing system.
During a home inspection, you'll tour the property with a certified home inspector who will examine different areas while taking notes or photos for your report. If the inspection reveals significant defects, such as a pest or mold problem, the inspector may recommend that another expert come in to confirm their findings and give recommendations. The home inspector will check the interior and exterior of the home to record any broken, faulty, or dangerous problems. In the process of closing the sale of a home, the buyer generally hires a home inspector to come to the house and perform a visual observation to confirm the condition of the home and identify any problems that pose a health or safety problem that the buyer should be aware of before buying the home.
A home inspection contingency gives the buyer the contractual power to renegotiate prices or withdraw from a sale without losing their deposit or security money, should the inspector discover a problem. As with most things in life, the cheapest inspector isn't always the best, especially if your state doesn't license home inspectors. Some certified home inspectors offer additional services, such as radon testing, and will recommend asbestos testing for homes suspected of being at risk.