Is That Home Inspector Hiding Behind His Contract?
It’s in the details
Many home inspectors have a “Limit of Liability” clause in their inspection agreement.
They often limit their liability to the cost of the inspection, or 2 – 3 times the cost of the inspection. This is especially common with low-priced home inspectors. If they only charge $250 for an inspection, they don’t want to hear from you again. And they certainly don’t want to pay for anything they missed. It is sometimes a numbers game for them. Would you go to a doctor who limits his liability to the cost of the office visit?
Being a home inspector is difficult. A home inspector has a lot of responsibility. It isn’t obvious, but all parties in the transaction benefit from a thorough home inspection. Obviously the buyer, but what about the seller and the agents involved? If a home inspector does a poor job, buyers, sellers and agents can become embroiled in difficult disputes which can often end up in court.
Of primary importance is the home buyer. They are relying on the inspector for a comprehensive, detailed evaluation of the home they are buying. After all, once they close escrow, repairs become the new owner’s responsibility. If the inspector fails to identify a failing component, or even a less significant but costly defect, who should pay?
Our inspectors have your best interest in mind. The very last thing we want is to have you move into your new home only to find expensive problems. We have no problem telling agents to find another inspection company if they imply that we should “ignore” certain items. If we find it, it goes in the report. Even if the seller says “Oh, I’m fixing that later today”.
A home inspection is a detailed evaluation of a house and is intended to reveal items that substantially affect habitability. Our primary concerns are your family’s health and safety, and identifying items that could be expensive to repair that may not have been fully disclosed to you.
Having said that, there are several things you should not expect from a home inspection. It is not a home warranty. It is not an evaluation of cosmetic or decorator items. It is not a guarantee that a seller must fix any of the items in the report. For example, a seller does not have to bring an older home in compliance with today’s standards. An old house with single pane windows is not required to have double pane windows installed for you. We do not inventory the items in the house, and we do not confirm the accuracy of the MLS statements.
When choosing an inspection company for your home, consider your options carefully. Home inspectors are not generic, and they are not all the same. Just like most other services, a good one costs a few dollars more. But a good inspection can be worth thousands of dollars in seller concessions or repairs.
All inspections companies are not the same: Compare Inspection Companies
The Real Estate Inspection Company follows the InterNACHI Standards of Practice. Please review these standards prior to the inspection so you know what to expect from your inspection, and what your inspector will and will not inspect.