Nearly every home buyer has heard about the need for a home inspection. Buyers wanting to use their VA home loan benefit are no exception. In fact, VA home buyers should have a home inspection checklist ready to hand their home inspector. VA loans have some of the highest standards when it comes to the quality of the home.
Once a property is chosen, home buyers should make sure that the home meets all legal and safety requirements, as well as VA minimum property requirements. VA home buyers should familiarize themselves with the home inspection process in advance of the inspector’s arrival.
One way to prepare for a home inspection is for the buyer to come prepared with their own home inspection checklist, outlining items that they are specifically interested in. This checklist can be used when looking at potential homes or to help the homeowners compare their own observations with the home inspector’s evaluation.
The inspector’s home inspection checklist typically does not cover mold and mildew or fungi, rodents, lead, radon, asbestos and similar chemical issues, though you may want to keep these things on your personal home inspection checklist. The inspector’s list does, however cover a range of standard observations, and home buyers should ask the following questions before signing on the dotted line.
Make sure the home inspector you use guarantees their work. That way, if you discover a problem with the home later on, you have some recourse. Many home inspection companies will pay for repairs on items they should have caught.
Related Article: Buying a Home with a VA Loan
The potential homeowners, and the paid inspector, should look closely at every area of the home, including the basement, laundry area, outdoor patios balconies and chimneys, bathrooms, kitchen, bedrooms and family space. Before spending hard earned money on a professional inspection, most potential homeowners can rule out certain homes with their own inspections. This is always recommended and can help people to narrow down their property search – and to save money by not spending on home inspections that they could have predicted would end poorly.
To find out which, if any, home inspections are required for your loan, call 866-437-7385.