We promised you in our last blog that we would give you some information on the types of inspections you may want to consider when buying a home. So, true to our word, here it is!
This is the 11th blog in our ‘Buyer Series’! If you’re just tuning in now, you may want to go back and watch the other 10!
Just in case you missed it in our previous blog, here in Arizona, unless otherwise negotiated, you have 10 days from the time of contract acceptance to get all desired inspections completed. So, with your REALTOR’s® help, you’re going to want to get these done as quickly as possible.
As a buyer, your REALTOR® (hopefully that’s us) will have you sign off on what is called a Buyer Advisory. This is a SUPER HELPFUL resource for buyers that talks about the importance of inspections, and other key considerations when purchasing a home. You can find a blank copy of the Buyer Advisory here, so that you can have a look!
There are a ton of different inspections you can have done on your home! But, of course, these inspections cost money, so most home buyers won’t opt to do all them.
The first thing you’re going to have done is a Professional Property Inspection. Your REALTOR® will be able to recommend a couple of qualified inspectors for you to choose from and will be able to help with scheduling the inspections. “An inspection is a visual physical examination, performed for a fee, designed to identify material defects in the property”. The inspector will usually meet with you after the inspection is completed to go through their findings. The inspector will also provide you with a detailed report of their findings within a day or two. From this report you will have an idea of what defects may exist within the property, and what, if any, other inspections are recommended.
The other inspections that are quite common include:
- Wood destroying insects inspection – this should be done in conjunction with your home inspection but requires a proper pest control guy.
- Pool Inspection – your general home inspector will look at the pool, but a certified pool inspector may be necessary if your general inspector finds anything of concern.
- Roof Inspection – particularly if the roof is 10 years of age or older.
- HVAC Inspection – this is particularly important if you have concerns about the manner in which the HVAC system has been maintained or if it is 10 years old or more.
Those are more common inspections, the following are less common and really depend on the home you are looking to buy. Your REALTOR® will be able to help you determine if these apply to you:
- Septic Inspection – this applies only to home that are not connected to a sewer system. If you are unsure, your REALTOR(R) and home inspector will be able to help you determine if this applies to you. In Anthem all the homes are connected to the sewer so really doesn’t apply to our Anthem buyers!
- Water/Well Inspection
- Soil Inspection
- Previous Flood/Fire Damage Inspection
- Pest Inspection
We could go on forever, but that’s enough for today. If you would like a more comprehensive list of the common physical conditions of the property a buyer should investigate, the best and most comprehensive source of information we have found is the Buyer Advisory, a copy of which you can find here.
We would love to be your REALTORs® of choice and want you to know that if you do decide to work with us, we will help you navigate the inspection process and determine which inspections will most benefit you. Once the inspections are complete we will also help you determine how to structure your BINSR to help you get as many of the defects repaired as reasonably possible.
We plan to put out a more detailed blog on the BINSR process soon, so stay tuned!
That’s it for today! In our next blog, Carolynn will talk about the hidden costs of buying a home; you’re not going to want to miss that!
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Remember, if you or anyone you know is looking to buy or sell their home, please give us a call! It’s always the right time to make a wise move with the Wise Move AZ Team.