Episode #29 - Home Ownership: Tips for Having a Home Inspected
Series: Home Ownership (Part 4 of 9)
Publish Date: Thursday, May 17, 2007
Host: Michael Seaton, Director, MyVault Relationship Team
Guest: Mark Salerno, Canada Mortgage and Housing Corporation (CMHC )
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In this episode, guest Mark Salerno of CMHC talks about the process of having a home inspected. What does a home inspector do? What will a home inspector not do? How much will it cost? Do you have to be there for the inspection? Tune in and learn what you can expect from a home inspection, and learn how a home inspection can help you make a more informed decision about buying a home.
- 00:00 - Intro music.
- 00:31 - Host Michael Seaton introduces the series, himself, guest Mark Salerno and today's topic.
- 01:10 - What is the role of a home inspector?
- 01:40 - What does a home inspector examine?
- 02:06 - What will a home inspector not do?
- 02:37 - At what stage in the buying process should an inspector be brought in?
- 03:08 - Are there any situations where a home inspection may not be required?
- 03:40 - Can sellers also use inspectors?
- 04:30 - Is there a difference between home inspectors for condos, townhomes and semi-detached homes?
- 05:02 - How to find an inspector and check their credentials.
- 05:37 - How much will an inspection cost, and how important is it to be there during the inspection?
- 06:19 - What documentation will you receive at the end of the process?
- 06:37 - Warning signs - what can you look for on your own when considering a home?
- 07:21 - Wrap up.
- 07:37 - Outro music.
