IS A HOME INSPECTION AND AN APPRAISAL THE SAME THING?
No, they are not. A home inspection is completed by a licensed home inspector and provides insight to issues in the home. An appraisal is typically done to determine the value of the home for a loan.
IS A HOME INSPECTION REQUIRED?
A home inspection is not required; however, it gives peace of mind about your investment. Home inspectors can often find issues that the buyer may not be aware of, giving possible negotiating power or even a better idea of what expenses you may need to budget for in the future.
HOW MUCH IS A HOME INSPECTION?
The cost of a home inspection typically depends on the size of the house. Generally, this ranges from $350-500 for a home inspection, not including any add-ons such as radon or mold testing.
WHO PAYS FOR A HOME INSPECTION?
The buyer usually pays for a home inspection and any add-ons such as radon testing, wood destroying insects, or mold testing.
HOW LONG DOES A HOME INSPECTION TAKE?
Home inspections typically take about 3 hours for the average home. Some larger homes may take a little longer.
HOW LONG DOES IT TAKE TO GET THE INSPECTION REPORT BACK?
This varies with each inspector. With Beta Property Inspections, the report will be sent within 24 hours of the inspection being completed.