FHA Home Inspector
FHA Home Inspector | FHA loans are a great alternative for borrowers who wishing to own a home but do not qualify for loans from other lenders. In many cases, these loans are always cheaper, as they attract lower interest rates and down payments. However, it is important to understand that before such loans are approved, an FHA home inspector must be involved to ensure that the property in question does meet the necessary health & safety standards and is in good condition. There are many benefits associated with the inclusion of a home inspection including the following:
Benefits of FHA home inspection:
First of all, the inspection process helps protect both you and the lender or mortgage lending institution. During the inspection process, the home inspector will do a thorough examination to ensure that the property you intend to invest in doesn’t require major repairs especially those which might be concealed from you as the buyer. Although you will be paying the FHA home inspector, the benefits associated with this process normally outweighs the cost and could help you save thousands of dollars.
The inspection also helps determine whether the house is habitable and therefore safe for your health. By so doing, you will be able to avoid any future hazards and eventualities likely to arise if you were to buy a house that does not meet the laid FHA down standards.
Choosing an FHA home inspector:
Before engaging the services of a home inspector, it will be important to establish whether they’re licensed to operate in your state. The home inspector should also be certified from the state of operation with expertise in area of residential home inspection. In addition, the inspector should also be compliant with the set standards of practice as this will be the only way you will be assured of quality results. The home inspector should be able to provide a complete and accurate inspection report.
It is always important for you to be present during the inspection and learn as much as possible in regards to the condition of your soon-to-be home. However, the most important requirement is to pick the right FHA home inspector and this you could do by getting references and checking their credentials. Always choose expertise and experience over inspection fees being charged.