Save money by choosing
the right home inspector

A study several years ago by a national home inspection company found that two in five resale properties will have at least one major defect that could cost anywhere from a few hundred dollars to as much as $15,000 to repair. The most common problems involve the roof, the insulation or the electrical, plumbing or heating-cooling systems. Some properties have structural problems, including potentially serious water infiltration.

This month, a law requiring home inspectors to have a license went into effect in New York State. It applies to all home inspectors except those already licensed as an architect, engineer or code enforcement officer.

If you plan to hire a home inspector, start by researching the licensing requirements in the state where you live. If a license is required, as it is in more than half of states nationwide, verify the inspector's license. Then find out:

• Does the inspector have experience with the type of residential property you plan to buy?

• Does the inspector hold membership in any professional or trade organizations? Which ones?

   

• Does the inspector also do home improvements or repairs or have an ownership interest in a company that does? It is a good idea to avoid hiring any inspector who could potentially profit from defects he discovers.

   

• How many inspections has the person performed?

   

• What does he typically check during an inspection?

   

• How long does an average inspection last? A home inspector should spend at least two to three hours on a typical house. Many spend even more time if the house is large or structurally complex.

   

• Can you accompany the professional during the inspection? A good home inspector will share his observations with the potential buyers, and point out information of importance, including the locations of master water valves and other utilities.