I would qualify the answer with â€œA Home Inspection should be worth the money!â€ The biggest caveat to answering your question being the qualifications and ability of the home inspector. Itâ€™s in your best interest to find and select a qualified home inspector your are comfortable with choosing based on comparable qualifying criteria.
Some states have minimal standards and requirements for home inspectors and some do not. Even with state requirements, you still need to qualify your choice in home inspectors to best ensure you are getting your moneyâ€™s worth. Also, your Realtor may have some or one home inspector referral, itâ€™s still in your best interest to screen and qualify that home inspector. Donâ€™t assume the nicest Realtor is going to refer the best qualified inspector.
Consider this; you are relying on the professional opinion, the observation skills, technical knowledge and communication skills of someone you may interact with for only a few hours at most, in order to make an informed and confident purchase decision on a home. Are you willing to compromise your time to qualify and fee to hire a reliable and qualified home inspector professional?
Hereâ€™s are two scary, yet very real considerations:
â€¢ For states that donâ€™t have home inspector requirements, such as Colorado, your home inspector could have NO qualifications, have served in prison for federal offense and received a Certified Home Inspector credential from the internet. And you could be hiring that person to enter another personâ€™s home unattended. Then relying on their â€œprofessional opinionâ€ to make a home purchase decision.
â€¢ General Liability insurance. If your inspector doesnâ€™t carry it or an adequate coverage, YOU are generally liable since you are hiring the inspector to go on someone elseâ€™s property. What if something is stolen or damaged? Are you prepare to carry the liability because the home inspector you hired isnâ€™t?
Fortunately, there are a few simple questions you can ask to help ensure you are getting one of the many well qualified and reputable professional home inspectors.
Questions To Ask When Choosing A Qualified Home Inspector:
1. Do they carry general liability and errors & omission (E&O) insurance?
2. What, if any, standard of practice do they base their inspections (e.g., American Society of Home Inspectors (ASHI)?
3. What kind of certification, if any? ASHI Certified inspectors is the only third-party accredited certification. Some are simple online internet or correspondence courses.
4. What source & level of training, experience & education do they have?
5. How much time do they typically spend on an inspection?
6. What additional inspection techniques and tools do they use?
7. Are they impartial (e.g., independent of anyone with a financial interest in the results except the client)? Did they pay or compensate some way for the referral?
8. How do they present results? Are clients encouraged to attend the inspection?
9. What do their clients say? Do they guarantee client satisfaction?
10. How much is the fee and what is it based on? Is it competitive for the services and qualifications provided?
11. How do their qualifications compare to the price?
I hope this helps. Also see my blog (http://id-inspections.blogspot.com/
) that goes into some more detail on Choosing A Qualified Homes Inspector and or our web site (http://www.id-inspections.com
) for Downloadable a Worksheet to compare home inspectors with this qualifying criteria