To make your decision, it's best to understand what you're looking for when you bring your inspector or engineer to the home you wish to purchase. Too often HomeBuyers think the inspection is an opportunity to find a way to get a Seller who accepted an offer to lower the price. This thinking is way off the mark of how the actual home inspection process works.
Budget at least 2-5 hours for the Inspection day. Youâ€™ll walk through the house with your Inspector and he will describe to you any concerns or issues you need to be aware of. Focus on the fundamentals: Plumbing, Heating and Electrical sufficient and in good working order; Roof is free of leaks; Foundation is sound. If there are MAJOR problems with any of these items, you must immediately bring that to the attention of your Attorney. The Seller must deliver the home to you with these items in good working order.
As far as other lesser repair items, make a â€œpunch listâ€ and provide to your Attorney. In general a Seller will not reduce a price for requested repairs choosing instead to make the repair before closing or to give the Buyer a â€œcreditâ€ at closing (for a nominal amount of money, no more than $1,000 to $2,000).
So, an inspector or engineer can accomplish a proper and thorough inspection. I've been a mortgage professional for 22+ years. "Back in the day" we ALWAYS used Certified Engineers to complete home inspections. I think the final decision is going to come down to the strength of the referral you received to the inspector or the engineer.
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
It's equivalent to a doctor - you have a dermatologist, a pediatrician, a general surgeon, an orthopedic doctor, etc....the dermatologist can look at you but will not have a firm handle on how to deal with tube in a toddlers ears. Most engineers are electrical engineers, structural engineers, etc....they specialize in an area and can be consulted for a specific problem in their area of expertise.
Good luck with what you are looking to do.
Jennifer Greenmun ABR, Green, SFR
McKinney Real Estate
51 Oak St Binghamton