May 3, 2009

Home Inspections: The Different Types

Home Inspections: The Different Types

Home inspections tend to confuse homebuyers, especially if buying a house is a first-time experience.  Below are different types of home inspections you may encounter:

Primary Home Inspection

This is the most important thing to do when buying a house.  It is unbelievable how many homebuyers overlook this when purchasing a property.  If you want to avoid homebuyer’s remorse you need to have your future house thoroughly inspected.

Engineer's Reports

Many homebuyers hire an engineer to do a detailed inspection of a property (involves the inspection of the electrical system, plumbing, heating etc.) Sometimes this inspection is part of the primary inspection (above).

Termite Inspection

As the name implies, the purpose of the inspection is to check for the presence of termites or other wood-destroying insects in a house. 

Well Water Inspections

Depending on the location, some properties may involve a well water inspection to check whether the water in the area is suitable for drinking.

Appraisal / Appraiser's Inspection

This inspection is conducted by the homebuyer’s lender in order to obtain an appraisal on the value of the home. The lender wants to be certain there are no problems with the house with respect to provisions in the type of mortgage sought by the homebuyer.

Final Walk-Through Inspection

This is a final inspection of the property conducted by the buyer and the real estate agent.  The final walk-through normally takes place a day or two before closing / settlement.  The purpose of this inspection is to ensure that any repairs agreed upon in advance have been made, and that no other issues have arisen.

If you have any questions concerning home inspections or/and home buying process - contact us or leave us a comment below.

Buyer's Broker is an exclusive buyer's agency specializing in real estate, homes, relocation and land in Orange County, California. Buying a house is one of the biggest purchases in ones life and it involves a lot of information, especially when considering a vibrant and attractive real estate market in Irvine, California. Start your search for Irvine real estate by clicking the "Search for Irvine Real Estate" link at the top or bottom of this page.

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