After you have an accepted offer on your New Orleans home, it’s time for home inspections. This is likely going to be the most stressful part of your home buying voyage.
With the right agent by your side, they can let you know what is pretty common and easy to fix as opposed to some repairs that might be quite costly.
What inspections do you need to get?
- General Home Inspections – These can run you anywhere from $275 (for a small condo) to $500 or more. Factors that effect how much you pay are how may HVAC units, raised or slab foundations, square footage, and how many units are in the house/building.
- Video Pipe Inspections- Video pipe inspections, IMO, are the most crucial. We are built on moving ground and we need to know if there are any cracks in those sewage and water lines. These inspections, depending on who you hire, will run from $200-$350.
- Termite Inspections – Most home inspectors can provide you with a termite inspection. The ones that cannot, you will hire someone else to come out for this. This inspection can run from $95-$135. If someone charges you any more than that, it’s too much. They are checking to see if you have any live termites and for any previous termite damage.
What exactly are home inspections?
Home inspections are giving you a report card of the home. We are looking for major defects that were not disclosed and the homeowner likely doesn’t know about.
What items will likely show up in the home inspections?
I always tell people to expect anything. I’ve been in homes that we anticipated no large problems only to find out the foundation was crumbling beneath us.
Commonly found items that come up in New Orleans home inspections: old termite damage (almost every home has it), a junction box doesn’t have a cover, the attic is missing bracing and/or collar ties, an outlet not protected by a GFCI, and a drain that’s backing up. Some of these are easier to fix than others. The reason I bring it up – when this comes up for your inspection – you’re not alone.
Can I ask for repairs after home inspections?
Absolutely. After we receive the full report from your home inspector, we decide what to do next. We might ask them to make repairs. We may ask for money off the price of the house. We may ask for closing costs assistance in lieu of repairs. We may decide that the issues that came up are no big deal and just take the house without any repairs. There are many ways to go about this. We will deicide the best route for you.
Can a home inspector give me price quotes for any work that needs to be done?
Sure. But, it’s better if we get someone specializing in that field to come out and give us a quote. As a New Orleans real estate agent, I have a list of professionals that I work with who can provide us with quotes. Even if your home inspector is a licensed contractor, they cannot perform the work for you. It’s considered a conflict of interest.
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