{"id":170,"date":"2006-11-02T10:02:49","date_gmt":"2006-11-02T16:02:49","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/2006\/11\/what-is-a-home-inspection\/"},"modified":"2020-08-15T12:13:49","modified_gmt":"2020-08-15T12:13:49","slug":"what-is-a-home-inspection","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/what-is-a-home-inspection\/","title":{"rendered":"What is a home inspection?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.22&#8243;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;3.27.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;]<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p class=\"p1\"><span class=\"s1\">An inspection is a popular conditional when writing up a promise to purchase. What exactly is it and why is it important to sellers? When you are ready to submit a promise to purchase (offer on a property), there are three standard conditions. One, is getting your mortgage. Two, is looking at the condo by-laws, minutes, budget and reserve fund, if this is what you are purchasing. And three, a building inspection. There can be many other conditions in a promise to purchase, depending on the property, however, these are the three main ones.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Why an inspection?<\/b><br \/> A building inspection is important to know exactly what you are buying in terms of structure and health of the building. You want to know what type of repairs are needed to be done immediately and which repairs are for a future date. This way you can accurately budget your costs for the purchase and know what you are getting into. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>What does an inspector do?<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Usually an inspector charges around $600 and up, depending on the driving distance and size of the structure and equipment used. They arrive with their ladders, flashlights and tools to accurately assess each part of your future home. If they arrive in a suit and a tape recorder, thank them nicely and tell them that you have changed your mind. You want your inspector to get \u201cdown and dirty\u201d, so to speak, and to find out all the details about the building. You want them on the roof, up in the attic, in the crawl space, etc.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">When you call around for quotes, ask what is involved in the inspection, and how is the report prepared, what it looks like, and how long will it take to get it. Most inspectors will say about 48 hours. The report will usually come in a pdf format with pictures and details, with clickable links for more information. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">After the inspection is completed, the inspector will normally give you an on the spot verbal report of their findings. He should let you walk around with him, however you won\u2019t be allowed up on the roof for insurance purposes.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In the promise to purchase the amount of days<\/span>\u00a0that you have agreed upon to get the inspection done is written. 7-10 days is standard, however completely negotiable. It\u00a0is also pre-written in the the mandatory real estate broker promise to purchase inspection clause that you have an extra 4 days to respond if you have concerns. IF you don\u2019t respond, after (7-10 days) +4 days, you have automatically accepted this condition and it is waived. If you have found something to discuss, then act fast, the days run short quickly.<\/p>\n<p class=\"p1\"><b>\u00a0Renegotiating after the inspection<\/b><\/p>\n<p class=\"p1\"><span class=\"s1\"> Normal wear and tear is usually what you\u2019ll expect when you are buying a house. However finding something that significantly reduces the value of the building, you might want to re-think your position and re-negotiate. Your accepted offer price might not reflect the value of the building with this new information.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Be prepared to find a lot of little things here and there. Sometimes that does overwhelm new buyers who\u2019ve never owned a property before.<span class=\"Apple-converted-space\">\u00a0 <\/span>Some experts say that you may spend up to 1% of the purchase price on repairs for older homes. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Whenever buying a property, popular opinion is this: ALWAYS GET AN INSPECTION. Whether you are buying a new condo or a fixer-upper and tearing most of the house apart, an inspection is always recommended. It\u2019s always a great reference and insurance if something comes up a few years down the road.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">For pre-listing inspections, please visit:\u00a0<span class=\"s2\"><a href=\"https:\/\/www.montreal-realestate.ca\/english\/2006\/01\/pre-inspected-listings-the-future-of-real-estate\/\">Pre-Listing Inspections<\/a><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<\/td>\n<td valign=\"top\"><!--adsense#160x600--><!--adsense#160x600--><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;3.25&#8243; column_structure=&#8221;1_2,1_2&#8243;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/www.montreal-realestate.ca\/english\/wp-content\/uploads\/2018\/09\/Jennifer-Lynn-Walker-Books.png&#8221; align_tablet=&#8221;center&#8221; align_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;3.23&#8243;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;3.8&#8243; custom_margin=&#8221;70px|||&#8221;][\/et_pb_divider][et_pb_blurb title=&#8221;Raise your Real Estate IQ&#8221; _builder_version=&#8221;3.19.18&#8243; header_level=&#8221;h1&#8243; header_font=&#8221;||||||||&#8221; header_text_color=&#8221;#000000&#8243; header_font_size=&#8221;30px&#8221; header_line_height=&#8221;1.7em&#8221; body_font=&#8221;||||||||&#8221; body_text_color=&#8221;rgba(0,0,0,0.66)&#8221; body_font_size=&#8221;15px&#8221;]<\/p>\n<p>Jennifer Lynn Walker\u2019s ebooks will propel you forward in your real estate endeavors. They will help you master your business and grow professionally.<\/p>\n<p>[\/et_pb_blurb][et_pb_button button_url=&#8221;https:\/\/www.montreal-realestate.ca\/english\/shop&#8221; button_text=&#8221;Shop Now&#8221; _builder_version=&#8221;3.21.4&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;18px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#c24f4c&#8221; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;0px&#8221; button_font=&#8221;||||||||&#8221; button_bg_color_hover=&#8221;#9b2e2b&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;on&#8221; button_bg_color__hover=&#8221;#9b2e2b&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An inspection is a popular conditional when writing up a promise to purchase. What exactly is it and why is it important to sellers? When you are ready to submit a promise to purchase (offer on a property), there are three standard conditions. One, is getting your mortgage. Two, is looking at the condo by-laws, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<p class=\"p1\"><span class=\"s1\">An inspection is a popular conditional when writing up a promise to purchase. What exactly is it and why is it important to sellers? When you are ready to submit a promise to purchase (offer on a property), there are three standard conditions. One is getting your mortgage. Two, is looking at the condo by-laws, minutes, budget and reserve fund, if this is what you are purchasing. And three, a building inspection. There can be many other conditions in a promise to purchase, depending on the property, however, these are the three main ones.<\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\"><b>Why an inspection?<\/b>\r\nA building inspection is important to know exactly what you are buying in terms of structure and health of the building. You want to know what type of repairs are needed to be done immediately and which repairs are for a future date. This way you can accurately budget your costs for the purchase and know what you are getting into. <\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\"><b>What does an inspector do?<\/b><\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\">Usually an inspector costs a flat rate of $550 and up, depending on the driving distance and size of the structure. They arrive with their ladders, flashlights and tools to accurately assess each part of your future home. If they arrive in a suit and a tape recorder, thank them nicely and tell them that you have changed your mind. You want your inspector to get \u201cdown and dirty\u201d, so to speak, to find out all the details about the building. You want them on the roof, up in the attic, in the crawl space, etc.<\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\">When you call around for quotes, ask what is involved in the inspection, how is the report prepared, what it looks like, and how long will it take to get it. Most inspectors will say about 48 hours. The report will usually come in a pdf format with pictures and details, with clickable links for more information. After the inspection is completed, the inspector will usually give you an on the spot verbal report of their findings. He should let you walk around with him, however you won\u2019t be allowed up on the roof for insurance purposes.<\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\">In the promise to purchase the amount of days<\/span>\u00a0that you have agreed upon to get the inspection done is written. 7-10 days is standard. It\u00a0is also pre-written in the clause that you have an extra 4 days to respond if you have concerns. IF you don\u2019t, after (7-10 days) +4 days, you have automatically accepted this condition and it is waived. If you have found something to discuss, then act fast, the days run short quickly.<\/p>\r\n<p class=\"p1\"><b>\u00a0Renegotiating after the inspection<\/b><\/p>\r\n<p class=\"p1\"><span class=\"s1\"> Normal wear and tear is usually what you\u2019ll expect when you are buying a house. However finding something that significantly reduces the value of the building, you might want to re-think your position and re-negotiate. Your accepted offer price might not reflect the value of the building with this new information.<\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\">Be prepared to find a lot of little things here and there. That\u2019s been my experience. Sometimes that does overwhelm new buyers who\u2019ve never owned a property before.<span class=\"Apple-converted-space\">\u00a0 <\/span>Some experts say that you may spend up to 1% of the purchase price on repairs for older homes. <\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\">My opinion on inspections is this: ALWAYS GET ONE. Whether you are buying a new condo or a fixer-upper which you\u2019ll be tearing most of the house apart, I still highly suggest one. It\u2019s always a great insurance!<\/span><\/p>\r\n<p class=\"p1\"><span class=\"s1\">For pre-listing inspections, please visit:\u00a0<span class=\"s2\"><a href=\"https:\/\/www.montreal-realestate.ca\/english\/2006\/01\/pre-inspected-listings-the-future-of-real-estate\/\">Pre-Listing Inspections<\/a><\/span><\/span><\/p>\r\n&nbsp;<\/td>\r\n<td valign=\"top\"><!--adsense#160x600--><!--adsense#160x600--><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n&nbsp;","_et_gb_content_width":"","sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-renovations-inspections"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is a home inspection? - Montreal Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.montreal-realestate.ca\/english\/what-is-a-home-inspection\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is a home inspection? - Montreal Real Estate\" \/>\n<meta property=\"og:description\" content=\"An inspection is a popular conditional when writing up a promise to purchase. 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