Home Inspection 101 For First-Time Home Buyers

If you are preparing to buy your first house, one of the things that you've probably discussed with your real estate agent and your lender is having a home inspection done on any property that you might be considering. As a first-time homebuyer, you might wonder what the point of this inspection is. Understanding the beneficial information it can provide might help you to appreciate this inspection process. Here's a look at some of the things that the home inspection can tell you.

Heating And Cooling System

As part of the home inspection, the inspector will examine the home's heating and cooling system to ensure that it is in the best possible condition. The heating and cooling system inspection includes a visual assessment of the furnace and air conditioning unit as well as an examination of the service tags attached to the furnace. The goal is to ensure that the units aren't damaged, are fully functional, and have been properly maintained. Any signs of damage, including cracked heat exchangers, damaged air conditioning coils, or damaged air ducts, will be flagged in the inspection report.

Electrical System

Another key component of the pre-purchase home inspection is an assessment of the home's electrical system. The inspector will look at the circuit breaker panel to ensure that it is up to code, in good condition, and not overloaded. He or she will ensure that the home's wiring is properly grounded. Finally, your inspector will test the lighting fixtures, ceiling fans, outlets, and switches to ensure that all of them work correctly.

Home Appliances

Your home inspector will also assess all of the home's appliances, from the hot water heater to any built-in kitchen appliances. The hot water heater will be examined to ensure that it is not only functioning properly but that it has been properly maintained. Any signs of mineral accumulation, anode rod problems, or issues with the pipes will be flagged as issues. Any other appliances will be inspected to ensure that they function correctly, are properly installed, and are safe.

Structural Concerns

Everything from the foundation to the roof will also be examined during the home inspection. Your inspector will identify any possible structural issues, including water damage, foundation damage, or roof leaks that will need attention.

The goal of a home inspection is to identify any potentially costly repairs that you may have to do if you buy the home. You can then negotiate with the seller to either fix the problems or reduce the purchase price of the home accordingly so that you can do so.