A home inspection is a visual review of a home’s major systems and structure, performed by a licensed inspector the buyer hires. It does not guarantee the condition of a home, but it gives you information to use before you commit.
Add-on tests
Some items are separate tests, such as radon, sewer scope, and wood-destroying insect inspections. Ask your agent and inspector which make sense for the home you are buying.
Reading the report
Every home has a list of findings. Focus on safety issues, major systems, water intrusion and structure first, and treat cosmetic items as lower priority.
Your options after the report
Depending on the contract and the findings, buyers can ask the seller for repairs, request a credit, negotiate the price, or in some cases end the contract. Your attorney and agent will help you respond within the contract deadlines.
Frequently asked questions
Who pays for the inspection?
The buyer normally hires and pays for the inspector.
Should I attend the inspection?
Yes, if you can. It is the best chance to ask questions and learn how the home works.
Can sellers get an inspection too?
Yes. Some sellers order a pre-listing inspection to learn about issues before going to market.
Sources
- Illinois Department of Financial and Professional Regulation — home inspector licensing
- Illinois Emergency Management Agency — radon information
This article is general educational information for Illinois home buyers and sellers. It is not legal, tax, lending or financial advice, and rules, rates and fees change. Confirm details with your attorney, lender or title company. Darren Reagan, REALTOR®, License 475.170639, Charles Rutenberg Realty.
