A professional home inspection can reveal important information about the condition of a home and its systems. This makes the purchaser aware of what costs, repairs and maintenance the home may require immediately, and over time. If a buyer isn’t comfortable with the results of their home inspection, it usually presents one last opportunity to back out of the offer to buy.
A home inspection can reveal whether rooms, altered garages or basements were completed without the required building permit, or does not meet current Building Code Requirements. “If a house has illegal room additions that were built without a permit, it can affect the insurance, taxes, usability and most of all the overall value of the home. I was leaving a property after performing a home inspection and meet the city inspector on the way out the door, he wanted entry into the home to inspect the basement renovation which had been completed without a permit. The purchasers walked away from that particular home.
A professional home inspection can help determine if the following issues are present: asbestos, mould, leaking basements, aluminum wiring, galvanized plumbing and structural issues. Also the inspector will identify the type of plumbing material used in home. Kitec and Quest are two types of Pex Plumbing ( there are more ) that many insurance companies will not ensure.
Your oil tank will be ULC rated which is good for ten years. After ten years your oil supplier is required to inspect the tank annually prior to delivering fuel. Some insurance companies will require you to replace your tank once it is ten years old.
Watch Orillia Home Inspector Video