Buying a home? The process can be stressful. A home inspection is supposed to give you peace of mind, but often has the opposite effect. After your home inspection is performed, you will be asked to absorb a lot of information in a short time. This often includes a written home inspection report, a checklist, photographs, and what the home inspector himself says during the inspection. All this, combined with the seller’s disclosure and what you notice yourself, makes the experience even more overwhelming. What should you do?
Relax. Most of your home inspection will be maintenance recommendations, life expectancies for various systems and components, and minor imperfections. These are useful to know about. However, the issues that really matter on your home inspection will fall into four categories:
- major defects, such as a structural failure;
- things that lead to major defects, such as a small roof-flashing leak, for example;
- things that may hinder your ability to finance, legally occupy, or insure the home; and
- safety hazards, such as an exposed, live buss bar at the electrical panel.
Anything in these categories found in your home inspection should be addressed. Often, a serious problem can be corrected inexpensively to protect both life and property (especially in categories 2 and 4).
Most sellers are honest and are often surprised to learn of defects uncovered during a home inspection. Realize that sellers are under no obligation to repair everything mentioned in the home inspection report. No home is perfect, so keep things in perspective and do not kill your deal over things that do not matter. It is inappropriate to demand that a seller address deferred maintenance, conditions already listed on the seller’s disclosure, or nit-picky items.