Before you buy a home, you want to know exactly what you're getting. But homes are complex, made of hundreds of individual aspects. How can a buyer get a clear idea of the state of the home?

I'm Jessica Harcourt.

Today we're going to talk about home inspections: what they are, what they cover, and why you should get one before you buy a home.

1. What is a Home Inspection?

A home inspection is a third-party examination of a property by a trained professional to assess the condition of the home.

There is no pass or fail and it does not guarantee anything.

Home inspections give buyers a clearer picture of the home and can help them make a more informed decision about whether or not to purchase the property.

They aren't needed in every real estate transaction, but they are highly recommended when possible.

In some cases, such as when buying a newly constructed home, the builder may provide a warranty that covers certain defects, so a home inspection might not be worthwhile in certain times.

2. Where Do Home Inspectors Look?

The inspector will look at the structure, systems, and components of the property to identify any defects or problems.

While doing a walk around the property they will look at the driveway, the porch and rails, the front door, the windows, the air conditioning unit, concrete, and siding.

As well as any other structures on the property.

The inspector will go on the roof. And they'll note the condition of the shingles and eavestroughs.

Inside they'll check the walls, ceilings, floors, windows, and doors.

They'll check the electrical systems and plumbing, the attic and crawl spaces, and any visible insulation.

The basement will be examined, including the foundation, sump pump and drainage.

And throughout the whole home structural and safety components will be documented.

3. When Do Home Inspections Happen?

They typically are performed after an offer has been presented but before an offer has been accepted.

The most common time you'll see this happen is when a buyer puts a home inspection condition in an offer on an agreement of purchase and sale.

If the buyer uncovers any major problems with the seller's property, they may have grounds to back out of the purchase.

4. Why Else Might You Need a Home Inspection?

Inspections can also be done for insurance purposes, to check for damage after a natural disaster, or for general maintenance.

If you live in an older home and you're unsure if things like your electrical systems are unsafe, or don't have the expertise to know what to look for, a home inspection can be useful.

5. How Much Does a Home Inspection Cost?

Home inspection fees vary depending on the size and type of property, but typically range from $300 to $500.

Have questions about Home Inspections? Let's connect and chat about all things Real Estate.

Jessica Harcourt, Real Estate Representative 416-262-5127

Thanks for watching!