Home Inspections & Warranties
Do I need a home inspection?
Ask for their credentials, such as contractor's license or
engineering certificate. Also, check out their references.
The American Society of Home Inspectors (ASHI) has developed formal inspection guidelines and a professional code of ethics for its members. Membership to ASHI is not automatic; proven field experience and technical knowledge of structures and their various systems and appliances are a prerequisite. One can usually find an inspector by looking in the phone book or by inquiring at a real estate office or sometimes at an area Realtor association. Rates for the service vary greatly. Many inspectors charge about $200 - 400, but costs go up with the scope of the inspection and square footage of the home. Payment is required at the time of inspection, so this is a cost that you have before closing on a property.
It is not a requirement to attend the home inspection, but if you are a first-time homebuyer, you learn a lot about your home and maintaining it from your home inspector. This information comes in very handy if you have a home emergency later, such as a leaking pipe.
What's a home inspection?
The inspection usually takes place after a purchase contract between buyer and seller has been signed (binding agreement) noting an inspection time of 10 to 15 days. If you do not hold your inspection within this time period, you loose the opportunity to inspect and request repairs from the Seller. Your real estate agent will complete the contract form requesting repairs from the Seller and submit to the listing agent before the 10-15 days are up. If the Seller refuses to make the repairs, you can re-negotiate the offer, or terminate the offer for the home. Remember that your real estate agent is an integral part of this process in Georgia!