A home inspection conducted by a licensed home inspector involves a walk-through of all areas of your home or building in order to note its present condition and deficiencies. Often, home inspections are conducted as a condition of an agreement of purchase and sale. Once a purchaser is satisfied that a potential property does not require expensive repairs, s/he may waive the condition in the agreement and the sale becomes final.
Areas of the home that a home inspector will inspect includeplumbing, heating, electrical, ventilation and water systems, the structural elements of the home, the foundation, the attic, the roof and the basement. In addition, an inspector will make note of the general state of the housing envelope and property. An inspection report will describe the condition of each of these components and will detail any repairs required including safety or fire hazards.
A home inspection report will describe the condition of each component of a property and indicate whether repairs are needed and when. A home inspector will not indicate whether a home passes or fails an inspection. Most purchasers of residential real estate opt for a home inspection in order to be aware of potential repair costs later on. Home inspections are not regulated by legislation. Despite this, Golden Home Inspections holds itself to high professional standards and unlike many inspection companies, is insured with liability and errors and omissions insurance.