Your offer on your dream home has been accepted and it is now almost over. Don’t pack yet, there is still a home inspection. A Minnesota home inspection is usually done after you have signed the purchase agreement and before closing.
Home buyers who are smart will make closing contingent on the outcome of the inspection. You can ask the inspector to fix the problem or back out. Or, you can negotiate a lower price for the repairs.
You want everything to go smoothly so that the deal doesn’t fall through. Continue reading to learn more about what you can expect and how much it will cost for a Minnesota home inspection.
What will the inspector check?
A house inspector will inspect the entire house from top to bottom. The roof, attic and basement are all important. For their operation, other systems like garbage disposals and range hoods, bathroom ventilator fans, smoke detectors, and carbon monoxide detectors, will also be tested.
The inspector will inspect the exterior of the house for damage or wear. The inspector will inspect trims, siding and caulking around doors and windows.
What should you look for during a home inspection?
An inspector will generally look for easy access throughout the property. Unsightly clutter will be flagged as a problem. A cluttered area under a sink might be hiding water damage, mold, or other signs. An attic that is full to the brim could hide a buckled or warped ceiling.
They will check to make sure that internal doors are functioning properly, that the doorknobs work correctly, that the kitchen cabinets aren’t damaged, and that the door hinges shut securely. Also, exterior door locks must be working properly.
They won’t expect a home to be in perfect condition, but they will alert them if the house needs basic maintenance or is extremely messy. This could indicate that the property hasn’t been properly maintained. Blown bulbs, for example, could indicate faulty wiring or a problem with the plumbing.
What is the cost of a home inspection?
A home inspection in Minnesota costs between $200 and $400 on average. The cost of a home inspection in minneapolis can be higher if it is larger than 2,000 square feet. However, small houses and condos will typically have a lower price.
What is the average time it takes to inspect a house?
A home inspection generally takes around two hours. This will depend on the size and condition of your home as well as the age and whether you need additional services such mold testing.
Do I have to be present for the house inspection?
Many companies recommend that homebuyers attend the house inspection to gain a better understanding about the property. Questions and concerns can be addressed immediately and discussed in detail. These findings can appear to be worse than they really are when they are written down in a report.
The house you’re buying will not be perfect and the inspector will likely note any minor repairs. These are usually not enough to prevent a sale. However, more serious problems can prevent your house from being sold.
As a contingency, repairs will be required and must be completed by the seller prior to the closing date. You can also offer a lower price, and have the seller do the repairs when you take over. You have the right to cancel the sale if the seller refuses repairs.
