Why You Should NOT Skip Home Inspections for Your Dream Home | Ep. 12

Introduction

Home inspectors are like the food critics of the home buying world. They don't make the food, they don't clean the dishes after, but they're going to point out every single issue that they can find with the meal—and maybe every now and again sprinkle in a compliment or two. However, home inspectors are some of the most valuable players in the home buying process. At about $500-700, a good inspection is money very well spent.

Finding the Right Inspector

Certifications to Look For

  • American Society of Home Inspectors (ASHI)

  • International Association of Certified Home Inspectors (InterNACHI)

What to Ask Potential Inspectors

  • Request sample reports

  • Ask about rates and add-on services

  • Confirm experience with your type of home

  • Check availability during your inspection window

The Inspection Process

Timeline Management

  • Standard inspection contingency is 10 days

  • Need time for:

    • Initial inspection

    • Review results

    • Additional specialist inspections

    • Getting repair quotes

    • Negotiating with seller

Additional Inspections to Consider

  • Radon testing

  • Sewer scope

  • Septic inspection

  • Well inspection and water quality testing

  • Specialist assessments based on findings

What Gets Inspected

Main Areas of Focus

  • Roof condition

  • Attic space

  • Crawl spaces/basement

  • Foundation

  • Electrical systems

  • Plumbing

  • HVAC

  • Windows and doors

  • Insulation

  • External features

What's Not Included

  • Invasive inspections (wall opening, etc.)

  • Definitive mold identification

  • Asbestos testing

  • Lead testing

  • Appliance testing

  • Pool/spa inspection

  • Pest inspection

Being Present for the Inspection

Benefits of Attending

  • Ask questions in real-time

  • See issues firsthand

  • Learn about home systems

  • Understand maintenance requirements

  • Locate crucial shutoffs

  • Get homeowner tips

Understanding the Report

What to Look For

  • Safety concerns

  • Structural issues

  • System failures

  • Environmental hazards

  • Maintenance needs

  • Life expectancy of components

Major Issues Worth Negotiating

  1. Structural Problems

    • Foundation issues

    • Beam damage

    • Termite damage

  2. Safety Concerns

    • Electrical issues

    • Plumbing problems

    • Mold

    • Asbestos

    • High radon levels

  3. Major Systems

    • HVAC replacement

    • Roof replacement

    • Septic issues

    • Sewer line problems

Negotiation Tips

DO:

  • Focus on major issues

  • Get specialist quotes

  • Be reasonable in requests

  • Document everything

DON'T:

  • Send full report to seller

  • Nickel and dime small issues

  • Make unreasonable demands

  • Skip additional specialist inspections

Important Reminders

  1. Always get inspection contingency

  2. Line up inspector early

  3. Schedule additional inspections promptly

  4. Be present for inspection

  5. Take thorough notes

  6. Get repair quotes when needed

  7. Be strategic in repair requests

For more detailed information and resources, join our free school community at skool.com/diyhomebuyer

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Why Every Real Estate Investor NEEDS To Become a DIY Homebuyer | Ep. 13

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2025 Housing Market Predictions NO ONE Is Telling You | Ep. 11