Home Inspections in Hampton Roads

by Team MRG

Since buying a home is often the largest financial purchase anyone will make, it’s not surprising that nearly all buyers opt to get a home inspection. A home inspection is a visual assessment of a home’s condition in which inspectors look for potential problems in areas of the home, including ceilings, walls, floors, windows, and doors. At the conclusion of the inspection, the purchaser of the report is given a report with visuals and summaries of what the inspector found. 

Why are Home Inspections important?

According to findings from Porch, 86% of buyers who used a home inspection said that their inspector identified at least one problem that should be addressed. The Inspector will review the exterior and interior of the home. They are trained to look at big ticket items like the foundation, roof, and HVAC systems as well as windows, electrical, and plumbing. 

How much are Home Inspections?

The price of the inspection is ultimately set by the company you chose. Prices may differ regionally and also depend on factors like the age of the property and the size of the property. In Hampton Roads, the cost of a home inspection typically ranges between $200 – $500.

Who pays for the Home Inspection?

The home buyer typically pays for the inspection. Our agents often say, “The purchaser of the report owns it” so it’s our stance that it is best for the Buyer to pay for this information. It allows them to get the full scope of the property they’re planning to purchase. The inspection cost is included in the buyer’s closing costs, but is paid at the time of the service. 

Who attends the home inspection?

Our agents always attend the home inspection on behalf of the buyer we represent. We also encourage our clients to be present at the inspection to get any initial information the inspector feels necessary to share. It also gives them another opportunity to view the home and take measurements for their furniture. 

Are there additional types of Home Inspections in Hampton Roads?

Buyers should also expect a termite and moisture inspection as this is required for the majority of lenders. For example, if a buyer is using a VA loan, it will be required. This is to protect the buyer from unknowingly purchasing a home that is actively infested or has untreated damage. 

Other types of inspections that may be needed depending on the property:

  • Chimney 
  • Asbestos Inspection
  • Radon Inspection
  • Lead-based Paint Inspection
  • Mold
  • Flood-risk inspection & assessment 

For more information about what to expect with home inspections, contact us today! We have the experience and resources to ensure there are no surprises.

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