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What is a home inspector?
According
to the state of Wisconsin, a Home inspector is an individual who, for compensation, examines the observable systems
and components of improvements to residential real property that are readily accessible.
Are Home Inspections
regulated by the state?
Under Wisconsin's law - Wisconsin Certification ( Chapter 440.97 ) enacted in 1998 - , home inspectors must register with the State and pass an examination approved
by the Department of Regulation and Licensing. The law instructs the Department to consider the use of an examination modeled
after the National Home Inspector Examination. The law also requires that a home inspector perform a "reasonably competent
and diligent" inspection; however, the inspection is not required to be technically exhaustive. Home inspectors are prohibited
from limiting their liability from damages resulting in a failure to conduct a "reasonably competent and diligent"
inspection. Also, inspectors are prohibited from performing repairs, maintenance, or improvements to a structure that they
have inspected within the last two years.
Can home inspectors tell a client the market value of a property?
No. The duty of a home inspector is to investigate and provide accurate and factual findings to their
client on the condition of a property - Not to provide an appraisal of the property's value.
Who
has access to a home inspection report?
Only the client, or the person who contracts with the home
inspector, receives the report. Reports are completely confidential to the client and may only be shared with a third
party with the clients permission
Why should a home be inspected?
Buyers
Buying a home is one of the most important and costly purchases you will make in your lifetime. The decision
to buy should be an educated one. A home inspection is an evaluation of a home’s condition by a trained
and state certified expert. During a home inspection, a qualified inspector takes an in-depth and
impartial look at the property you plan to buy. The inspector will:
- Evaluate the physical condition: the structure, construction and mechanical systems.
- Identify items that should be repaired or replaced.
- Estimate the remaining useful life of the major systems (such as electrical, plumbing,
heating, air conditioning), equipment, structure and finishes.
A
home inspection could easily be the most cost efficient investment you make in a property.
Sellers
- The trend is changing, and Sellers are having a
home inspection at the time of their listing in order to repair or determine the condition of their home and to use it as
a sales tool. A Seller's inspection will virtually eliminate all the hassles and blown deals inspections cause when the
Buyer brings their inspector. It gives the leverage back to the Seller.
- No more renegotiations after the home inspection.
- No more alarmed buyers when the home inspector finds a problem.
- No more does the Seller have to deal with inflated repair estimates that costs him or her money.
- No more countless hours and dollars in energy to get a contract that is "blown
out of the water" by surprise defects.
- Above
all, a Seller's Inspection is the ultimate gesture of full disclosure and will help protect the Seller.
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