Professional Documents
Culture Documents
Home Inspection
Report
The Details of the Home
Inspection
Home Inspection
Is a Home Inspection
Required?
Is a Home Inspection
Required?
The Details of the Home
Inspection
In the United States, there are over 142 million homes with an average
age of 39 years, as per 2019 data. This signifies a gradual aging of the
owner-occupied housing stock, compared to a median age of 31 years in
2005. Residential construction has lagged behind, particularly after the
Great Recession, leading to an increasing remodeling market due to the
need for adding new amenities and repairing or replacing old components.
Rising home prices are encouraging homeowners to invest more in home
improvement.
The Details of the Home
Inspection
The recent average duration of homeownership stands at eight years,
with a median of 13.2 years in 2021, representing a three-year increase
over the past decade.
Home Inspection
Is a Home Inspection
Required?
Is a Home Inspection
Required?
Mold
Home Inspection
Foundation issues
Is a Home Inspection Required ?
- NO! A home inspection is not required. However, it is rare that a home buyer
or buyer agent may not insist on scheduling one even if the buyer will perform
an “As-Is” home inspection, which means that the inspection is only to identify
major defects. It doesn’t matter whether you’re buying a new construction or a
pre-existing home; an inspection is bound to reveal some problems.
Does Georgia have a Home Inspecting Licensing Program ?
- NO. Georgia is one of about 20 states that still have not adopted licensing for
home inspectors. The profession is self regulated. No pre-license, no field
training and experience required and no CE hours.
Does Georgia have a Home Inspecting Licensing Program ?
- NO. Georgia is one of about 20 states that still have not adopted licensing for
home inspectors. The profession is self regulated. No pre-license, no field
training and experience required and no CE hours.
Georgia - Trade Practice Act (Chapter 3, Title 8) enacted in 1994
It is important that real estate agents and their clients check the inspector’s
credentials to verify that the home
inspector has been trained and certified from an organization/association in
home inspections. There are several
organizations that provide training and certifications (Georgia does not
require) such as:
Georgia - Trade Practice Act (Chapter 3, Title 8) enacted in 1994
Most residential sale contracts contain a clause that allows the buyer to
withdraw from the agreement if a professional inspection was done and shows
defects in the property that is not an acceptable property condition to them or
the buyer may the seller an opportunity to resolve a major problem that's just
been discovered to keep the contract going.
A property inspection can be performed for a variety of reasons. Federal law
leaves regulation of home inspections to individual states; however, home
inspections are highly recommended to buyers regardless of the law. Either
way, the buyer should plan for a home inspection to be part of their real estate
transaction.
Proper Training
Some home deficiencies are more obvious than others but it’s the hidden deficiencies
that make for unwelcome surprises that could pose a significant financial or physical
injury risk to the next homeowner. Trained home inspectors can uncover existing
problems, as well as recognize early indicators of future problems. An inspection
provides information of the house’s condition, good and bad. More than 3,000 different
items and systems are checked during an inspection.
When the inspection has been completed, the buyer will be provided with a detailed
narrative report with pictures and a video about the home’s physical condition, its
systems and fixtures and usually notes any potential future problems, what to expect in
terms of repairs to the house, basic maintenance and energy conservation. It helps to
identify small defects before they become large and expensive.
Proper Training
This type of education is empowerment. It helps to comfort buyer doubts and eliminate
surprises and it allows the buyer to evaluate the house through the eyes of an objective
third party and discover items that the seller was not even aware of. In addition, it will
help buyers to budget for repairs, maintenance and home revisions after moving in.
It is interesting how attitudes change. Much of the turnabout regarding home
inspections can be attributed to the increasing number of lawsuits filed over unknown
defects, which home buyers later discovered. Real estate agents quickly learned that
they (and their brokers) could be named in a lawsuit for failing to advise a buyer to
obtain a home inspection prior to closing. Almost overnight, home inspections became
common part of the real estate transaction.
Proper Training
Sellers typically are required to disclose any known defects or material facts to
a buyer. Proving that a seller willfully refused to disclose or held back
detrimental yet pertinent information can sometimes be a challenge.
Situations exist in which a buyer might believe a seller absolutely had to know
about a defect and, it's quite possible the seller had no knowledge. Those
situations don't arise as often anymore since the advent of expected home
inspections
GAR Form F201 Purchase and
Sales Agreement