Closing the deal on the home you have decided to buy is the last step in the home buying process. It may seem like the perfect house, but before signing that paper, you would have to do a final inspection. Whether you’re buying a home for the first time or not, this part of the home buying process is critical.
During the final inspection of your potential home, find out what the major flaws are and determine how much these things will cost to repair. It will help you make the right offer by deducting the cost of repairs from the price you had previously planned to offer and avoid overpaying for a home that might need a complete remodel or major repairs. As you conduct your home inspection, make a list of the repairs needed. Here are some of the things to look for when taking your final inspection tour:
1. Check the floor, countertops, and walls. Check for any major scratches, dents, or cracks. Assess whether the entire floor, countertop, or any wall in all areas of the house might need to be completely replaced. Take the time to observe each area carefully so you don’t miss any details.
2. Inspect the stairs. There may be stairs leading to the basement, the next floor, or the attic. Each and every step of the stairs should be checked to see if they are still structurally sound. Walk up and down, applying pressure to the different areas. Listen for creaking or similar noises and feel if your step gives way when pressure is applied. Check the railings if all the posts are complete and if any part is loose trying to shake it.
3. Check the doors, windows and cabinets. Test all doors, windows, and cabinets by opening and closing them several times. See if they work properly. Inspect the hinges for signs of rust. Check each and every handle, locks, and knobs to see if they need to be replaced.
4. Check the exterior walls. The exterior of a home is one of the most difficult areas to inspect. Look for cracks or chips in the wall, as these are signs of a structural problem. You may need to hire a professional building inspector to help you with this step in case you notice a fairly large crack or fissure.
5. Inspect the roof. To check the roof, you would have to climb on top of it or at least view it from gutter level. Look for signs of damage and determine if the gutters are in good condition. You may want to hire a roofing specialist to perform this part of the final inspection.
6. Check the electrical components. This can be done by finding out if all the plugs and lights are working properly. These things can cost a lot to fix or replace, and even if it’s your responsibility, you need to know how much it will cost. Many first-time home buyers skip this part of the final inspection because an electrical contractor will work with the home inspector prior to the sale. Checking for electrical problems during your final inspection will help you prepare for this expense.
