Ten Points You Should Know about Home Inspections: (Part 2)

Read Part 1 Here:

6. Find a Licensed Inspector

Don’t just get your buddy from work to take a look around your potential new home. It’s a wise decision to hire a home inspector, particularly here in B.C., where you can feel secure in the fact that home inspectors must be qualified and licensed.

Licensing in B.C. requires an inspector to have gone through a 150 hour training course through an approved program, passed a qualifying exam, undergone 50 hours of on-site training with a certified trainer, and completed a criminal record check. You should always check the inspector’s license to ensure that it’s current.

7. Rates vs. Experience

In B.C., home inspectors set their own rates which can result in drastically different quotes. The Home Inspectors Association BC notes that rates may be based on the following:

  • · Type of Home (House, Townhouse, Condo, etc)

  • · Characteristics of Home (square footage, number of living units, etc)

  • · Extra Costs (crawlspaces, detached garages, driving distances, etc)

  • · Inspector Experience (established inspectors often charge a premium for experience)

  • · Location (different regions of BC have different market prices)

  • · Extra Services (non-standard items like inspecting appliances)

Compare firm quotes from several different inspectors before hiring, and don’t just go with the lowest rate; you may find that less experience accompanies a lower price.

8. Liability & Your Contract

Most home inspections include certain limitations and require you to sign a contract agreeing to these conditions. Read your contract carefully to find out what will happen if a major problem is missed; you will most likely only get a refund for the cost of the inspection.

9. Sellers’ Inspections

Some sellers will pay for their own home inspections to speed up a potential bidding war and provide reassurance to anxious buyers. These inspections can give you a good idea of the general condition of the home, but you won’t have the ability to meet the seller’s inspector yourself and ask any questions that you may have. In some cases, the pre-listing inspection may be excellent, but it’s smart to protect yourself by hiring your own inspector who works for you, rather than for the seller.

10. Always Hire a Reputable Home Inspector

Buying a home is one of the biggest expenses and stressors in life. The amount of money you’ll pay for an inspection may seem high initially, but being fully aware and prepared for issues in your home will save you money (and headaches) in the future. Ask for recommendations from your Realtor, your friends, neighbours, etc., and find a licensed inspector you trust.

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© 2019 by Erik Clevering. 

+1-778-989-1579   |   erik.clevering@evcanada.com

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