Typically, a clause in the sales contract states that the offer is contingent upon a home inspection. A home inspection typically takes between 2-4 hours depending upon the size of the home and the number of rooms, features and amenities. Your home will be evaluated from the foundation to the rooftop and will include, where appropriate, the functionality of the heating and air conditioning systems, electrical, plumbing and all appliances. The inspector will look at the home’s structure including the foundation, basement, roof, chimney, walls, doors and windows. The buyer can use this report as a bargaining tool to re negotiate the sales price if needed.
As a seller, you could also hire an inspector before listing your home in order to get a full scope of any necessary repairs. You are allowed to be present while the inspection is taking place. If you have any questions or concerns the inspector can give you some helpful information. You are allowed to make some repairs but decline to make other repairs. However, any defect that is known to you, must be disclosed on the seller’s disclosure of property condition when listing your home.