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Back One Step STEP 7:
THE HOME INSPECTION
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Getting your future home approved by an inspector is a vital step in the buying process.  You’ll be responsible for finding a licensed inspector and paying him, but learning the findings will make you feel more comfortable buying the home.

Do I need a home inspection?
A home inspection is like getting a physical from a doctor – it will teach you about the home’s potential problems so that you can make an informed decision about whether you want to continue with the purchase. The inspector will examine the structure and systems of the home (such as the heating, plumbing, and electrical). He or she will let you know if there are existing or potential problems and may recommend ways to address them.

If you’re planning on selling your home, consider a home inspection as well. It will give you an opportunity to make repairs and ensure that a buyer’s inspector finds your property in good condition for a sale.

What is involved in a home inspection?
 An inspector will do a visual check of the home’s:

  • Heating system
  • Central air conditioning system (temperature permitting)
  • Plumbing
  • Electrical systems
  • Roof, attic, and visible insulation
  • Walls
  • Ceilings
  • Floors
  • Windows and doors
  • Foundation, basement, and the visible structures of the home
  • Environmental concerns (removal of oil tank, etc.)

The inspector should give you a written report immediately after the inspection. If the inspector finds many problems and gives the home failing grades, you may withdraw from the agreement provided that was in the contingency clause in your offer. 

You can also have the home inspected for termites, radon, lead paint, and asbestos, which is not covered in a basic inspection.

Where can I find a home inspector?
New Jersey has laws to qualify home inspectors and regulate the inspection process.  To locate an inspector near you, visit:

Go back to Step 6: Applying for a Mortgage Go on to Step 8: Applying for a Mortgage
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