Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It depends on where you live. I am in Texas. My s.o. is a home inspector. He charges between $350 and $700 usually depending on the size of the home and any extra systems such as outdoor kitchens, sprinkler systems, and sheds and is certified to do pools, spas, and stucco. He refers clients to actual entymologists for termite/wood destroying insect inspection. If the client wants a mold inspection, there is a separate person for that as well. His inspections always take at least three hours. The report is usually 30-40 pages plus, and he does a verbal review with the client after he does the inspection. Remember, paying for a home inspection is like paying for insurance, only way more valuable, because the payoff is immediate. There are many problems a home can have that the potential buyer and seller may not be aware of. If you are interested in buying a home that costs $250K, $500K, or even just $100K, paying even $1000 for a quality inspection is a tiny amount to be sure the home you're buying isn't a lemon. After all, a home is the largest investment you'll make.
We start at $375 for inspections but most are in the $425-450 range. I did an inspection earlier this week for $2100 though...but the house was 16,000 sq ft lol. If I charge $400 in fees, I walk away with about $225 of it after expenses and taxes. Between driving, inspecting, and writing the report it takes about 4-5 hours on average.
We start at $375 for inspections but most are in the $425-450 range. I did an inspection earlier this week for $2100 though...but the house was 16,000 sq ft lol. If I charge $400 in fees, I walk away with about $225 of it after expenses and taxes. Between driving, inspecting, and writing the report it takes about 4-5 hours on average.
are you in North Carolina? That is my location. I am hoping for $500-$750 or so,but not $1000, and that's my budget for everything.
Quote:
Originally Posted by Scooby Snacks
It depends on where you live. I am in Texas. My s.o. is a home inspector. He charges between $350 and $700 usually depending on the size of the home and any extra systems such as outdoor kitchens, sprinkler systems, and sheds and is certified to do pools, spas, and stucco. He refers clients to actual entymologists for termite/wood destroying insect inspection. If the client wants a mold inspection, there is a separate person for that as well. His inspections always take at least three hours. The report is usually 30-40 pages plus, and he does a verbal review with the client after he does the inspection. Remember, paying for a home inspection is like paying for insurance, only way more valuable, because the payoff is immediate. There are many problems a home can have that the potential buyer and seller may not be aware of. If you are interested in buying a home that costs $250K, $500K, or even just $100K, paying even $1000 for a quality inspection is a tiny amount to be sure the home you're buying isn't a lemon. After all, a home is the largest investment you'll make.
I 100% agree with you, but I do want to do my best to find a quality job at a fair price. $1000 is just a bit over my budget at this time. I am going to shop around.
You dont need inspections at all, you can buy it and find out the issues later. But they will be your problems.
... if you are one of the 2% of people who pay cash for their house.
For the other 98% that are financing, no, you can't buy it without an inspection and find out later. Virtually all lenders require a passing home inspection as a condition to lend.
$300-400 for a general home inspection, another 120-150 for radon testing (if you have a basement), and another couple hundred for septic and well. Don't go with an inspector your RE recommends.
Used an inspector suggested by realtor. Absolutely, positively worthless. Found a handful of nickel and dime garbage and overlooked glaring items that should have been corrected prior to purchase.
... if you are one of the 2% of people who pay cash for their house.
For the other 98% that are financing, no, you can't buy it without an inspection and find out later. Virtually all lenders require a passing home inspection as a condition to lend.
The only time I have ever needed to potentially offer up a copy of the inspection report to the lender is if my buyer is using FHA financing and the current owner (seller) hasn't owned the home for atleast 90 days.
Otherwise, the lender has never asked nor received a copy of the inspection report, be it FHA, VA, USDA, VHDA, or Conventional financing..
How much should it cost? What about for a home in the country with a well/septic and plus needs termite inspection? I want a quality job but I don't want to pay $1k just for a home inspection and that's what an RE is telling me it will cost....If I could get paid 1K for less than 1 day's worth of work, I would be golden...
$350-450. tops, unless you live in Manhattan or Beverly Hills
The only time I have ever needed to potentially offer up a copy of the inspection report to the lender is if my buyer is using FHA financing and the current owner (seller) hasn't owned the home for atleast 90 days.
Otherwise, the lender has never asked nor received a copy of the inspection report, be it FHA, VA, USDA, VHDA, or Conventional financing..
This. Never had a lender ask for a copy of the inspection report or require that one be done.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
