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BUYING A HOUSE: How Does A Home Inspection Work?
See also FAQ's: Frequently Asked
Questions
Click here to view Electrospec's main service page,
service fees.
The PIT Formula: Some time
ago, the PIT (principal, interest & taxes) formula was expanded to include heating
costs. And more recently, it has become universally recognized that repair and
maintenance also have a significant bearing on the cost of home ownership. Most
often the costs are relatively low, with respect to the overal value of the home - but can
sometimes become an unexpected or even un-manageable burden.
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1. ensure purchasers are comfortable with the information
they have
about the home, by explaining its various parts and systems in
everyday language,
2. remove the mystery and worry about home ownership and provide
peace of mind,
3. assist in budgeting for the next 3-5 years by providing approximate
costs to maintain and service the home, and
4. offer solutions to any significant findings that may arise during the
course of the inspection. |
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The guidelines provided by Electrospec are based
on what is typical or average for the home, given it's age and construction type.
- Follow-up service: Telephone consultation
is provided at no extra cost, for as long as you own your home. We can answer your
questions and provide information about products, materials and methods, provide
referrals and help you along the way. There's no extra charge.
- Scope of the inspection: The inspection service we provide
is a visual inspection. The report is the opinion of the individual inspector based
on his or her experience and knowledge of construction practices and home operation.
The inspection is intended to be a comprehensive overview of the primary structure of the
property and is not, and should not be considered, an exhaustive detailed inspection of
each system and component. It is our goal that our services meet or exceed the
standards for professional home inspections specified by the
National Certification Authority (NCA).
The intent of our service is to provide you, the prospective home owner, with
information about homes in general and your new home in particular. Any home
inspection service is informational in nature and in no way a guarantee or warranty on the
home or its systems and components. Warrantees can be purchased separately and we
suggest you further investigate the products available if this is what you are looking
for.
- Standards of Practice: Extensive information about
conduct, ethics and standards of practice among home inspectors is available in detail at
the following sites:
http://www.ashi.org American Society
of Home Inspectors
http://www.cahpi.ca
Canadian
Association of Home and Property Inspectors
http://www.nca-anc.com
National Certification Authority
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