Home Inspections: For Existing and Even New Construction Homes

Home Inspection After One Year

We just had our home inspected.  Those of you who have been following along more than a year might be questioning that move.  “Didn't you buy a house last year this time, PT?”  As a matter of fact we did.  So why are we just now getting it inspected?  Well, because we bought a new-construction home with a one-year builder's warranty.  We decided that it would be best to trust the city/county inspections and builder reputation, then have our home inspected just prior to the end of the first-year warranty period.

It worked out well for us.  We found our inspector through the recommendation of a neighbor.  The inspection cost us $250.  Well worth the price, in my opinion.  Not only did the inspector make us aware of a all safety and cosmetic changes that needed to be made, but he gave us the confidence and knowledge going forward that we have a safe and working home.

A couple of items our inspector found that you might want to review in your own home:

  1. Automatic Garage Door Pre-Install Lock – Every automatic garage door comes with a manual slide lock that can be used to secure the door prior to the motor being installed.  If the automatic garage door is activated with the lock slid into place, the whole door will rip apart, as the lock isn't strong enough to hold both sides of the door down.  I didn't even know this lock was there, and would likely have slid it into place at some point upon noticing it.  One forgetful moment could then turn into a severely damaged garage door.
  2. Missing Anti-Tip Device for Oven – All new ovens come with an anti-tip device that prevents the oven from tipping over if someone were to step on the open door.  This device has to be installed properly though.  If you have kids, you know how tempted they could be to step up on the open oven door and reach for something on the stove top.  This device will prevent the oven from tipping and should be properly installed.

These are just a couple of the items the inspector noted.  Once he provided the report of corrections needed to be made, we turned in the list to the builder who got to work correcting all the issues.

Typical Home Inspections

The most common time to have a home inspected for existing homes is right before the purchase.  It's also common now to make an offer on a home, with the condition that the home be inspected.  Any big issues can negate the offer.

If you are working with a realtor, they will likely refer you to a licensed home inspector.  It's probably a good idea to review your inspector against the following professional organizations:

Those sites are also good for learning what a home inspection actually does and does not cover, which is important to know.

If your inspector is not a member of one of the national organizations then they need to at least be licensed as a professional in your state.  Here in Texas that's handled by the Texas Real Estate Commission (TREC).  The inspector we used is licensed under the TREC as a “professional inspector”.

Have you got tip related to home inspections?  Please share it in the comments below.

Photo by :cindy47452

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Last Edited: June 26, 2017 @ 4:22 pm
About Philip Taylor

Philip Taylor, aka "PT", is a former practicing CPA, blogger, podcaster, husband, and father of three. PT is also the founder and CEO of FinCon, the conference and community dedicated to helping other financial influencers and brands. He created this website back in 2007 to share his thoughts on money, hold himself accountable, and to meet others passionate about moving toward financial independence.

PT uses Personal Capital to keep track of his financial life. This free software allows him to review his net worth regularly, analyze his investments, and make decisions about his financial future.

PT keeps a portion of his emergency fund in Betterment, the automatic investing tool that makes investing super simple. Betterment focuses on what matters most: savings rate, time in the market, investing costs, and taxes. PT recommends this service to anyone looking to get started investing for themselves.

All the content on this blog is original and created or edited by PT.

Comments

  1. Building Inspector says:

    Thank you for the section where you outline things that your inspector found that we might want to look for in our own homes. I looked into some of the things you mentioned and I am glad that I did!

  2. Right before our 1 year anniversary in our new construction house we went over everything with a fine toothed comb. We ended up finding nail pops, trim that was slightly warped, and a few other small things that needed fixing. It’s important to find those things before your warranty runs out, and get them fixed by your builder.

    In our second year we had a crack in our foundation. We went to the builder to get it fixed. At first they didn’t want to do anything about it, but we stayed on them. After a couple of weeks they found the source of the problem, re-graded our yard (so that more water wouldn’t intrude) and then fixed the crack and our drywall. If we hadn’t stayed on them, it would have cost us a couple of thousand to fix these things.

    If you find problems, get on your builder to fix them! If they’re reputable, they usually will.