If there had been a pre-listing inspection, he would still have them in a row.
A third of Canadians say they're "house poor" and twenty percent regret their purchases.
Buying a house should be more exciting than stressful, and in a more typical real estate market, home inspections have helped both homebuyers and sellers understand the condition of a house – and what should be expected in terms of repairs and maintenance.
Examining the quality and consistency of home inspections
You’ll save time and money!
For most of us, owning a home is not a “Spectator Sport.” Many homebuyers, especially first-timers dive into homeownership with little or no thought about who’s going to look after the day-to-day needs of their home. Unless you’re quite well off, paying other people for general maintenance, upkeep and repairs can quickly drain a family budget.
“Walk and Talks” are becoming popular as homebuyers waive conditions in a frenzied market.
After a frenzied search in a competitive market you secured the house you wanted, however you had to make an unconditional offer to get ahead of other bidders – not always the best idea, but it’s the Roaring 20's and it’s what we sometimes have to do.
Home inspections are still a good idea, even after closing.
Knob and tube, aka “open wiring” or “K&T”, was installed in most homes up to 1950.
Home inspections, like the real estate market have changed dramatically in the past 20 years. As technology advances and consumers become more web-savvy, there is a greater need for products and services that can keep pace.
Gil Strachan is a professional home inspector, representing Electrospec Home Inspection Services in east-central Ontario since 1994.