13 Pertinent Questions To Ask During A Home Inspection

Dec 22, 2020


If you ask any real estate professional, they’ll tell you that an expert home inspection is one of the essential parts of acquiring a new home. Home inspections give you a feel for the property, its size and might start giving birth to ideas about how you could adjust the living space to your taste.

However, the inspection should also bring with it pressing questions that will help you make the right decision. As a responsible buyer, you must know to ask the right questions since some real estate agents will simply gloss over things they think their clients don’t want to know. Thirteen members of Forbes Real Estate Council examine the most pertinent questions that they expect to hear from buyers during a house inspection to unearth all the possible issues a property may have.
Photos of featured members.

Members of Forbes Real Estate Council share key questions that should be asked during a home inspection. Photos courtesy of the individual members

1. What Are The Top Capital Expenditure Issues?

I would ask, “What are the top capital expenditure issues you found on the property?” These are high-cost issues like roofs, HVAC, foundation, knob-and-tube or aluminum wiring or unpermitted construction. You want to know these things so you are not left with a high expense. If any of these are found, you may be in a stronger position for negotiation at the close. – Chris Roberts, Sterling Rhino Capital

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2. What Are The Most Urgent Red Flags?

Inspection findings can be overwhelming, especially if it’s an older home or for first-time homebuyers. My two questions for any inspector are, “What are the red flags you found?” and “What would you take care of right away?” It’s important to identify major issues that need attention right away versus minor maintenance items that can be taken care of over time when buyers have more funds! – Brad Le, Compass
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3. What’s The Inspector’s Background?

The one thing that people should ask about home inspections should occur before you hire the home inspector. Ask about the background of the inspector, such as whether they have worked in any trade such as electrical or plumbing. Inspectors with this type of background are able to speak directly about any problems that present during the inspection. – Nancy Wallace- Laabs, Profitable Landlord System

4. Is The Inspector Certified?

The most important questions are those you ask before engaging a home inspector. Are they certified, licensed, insured and bonded? Is this their full-time career, and how detailed will the report be? Also, take note that renovations aren’t always done correctly. You should also make it a point to ask your home inspector for references to cure identified issues. – Charles Argianas, Argianas & Associates, Inc.

5. What’s The State Of The Roofline?

Look at the roofline. Any waviness will give you direction as to where to investigate potential issues with the foundation, ground settling, attic humidity, wall dry-rot, leaks and poor insulation. – Joseph Edgar, TenantCloud

6. Is There Any Asbestos Present?

Of course, there is not just one thing that needs to be asked; there are many. But there is one thing that could be overlooked if the home was built before 1970. The inspector should check for the potential presence of asbestos in insulation or flooring applications. If found, abatement will be required and could be a costly expense. Knowing this ahead of time could affect the actual selling price. – Timmi Ryerson, Smart Property Systems – Property Management

7. Do I Need To Do A Radon Test?

People should ask their inspector if a radon test is necessary. Buyers are so focused on what they see that they don’t think about radon. Radon is an odorless colorless gas that can cause cancer. EPA.gov has maps of radon zones on their website. If radon level results record above EPA standards, levels can fall within EPA standards with proper abatement. – Cheryl Abrams, Re/Max United Real Estate

8. What’s The Life Expectancy?

The key to a good home inspection is really to make sure you understand how the house functions and the life expectancy of items in the home. Your home inspection can be used to plan out future projects that you may need for the home and it will give you a good timeline of when to complete them. – Don Wenner, DLP Real Estate Capital

9. How Are The ‘Bones’ Of The House?

Focus on the “bones” of the home including the heating and cooling systems, the roof, siding and the foundation. These are areas that if there are issues, you will be writing a big check whether you want to or not! A kitchen or bath can be updated, but a roof with a short lifespan could cause a lot of financial pain. – Kevin Hawkins, WAV Group, Inc.

10. How Is The Soil And Home Structure?

There are two key components of a home: the soil underneath the home and the structure of the home itself. The buyer needs to make sure that the soil underneath the home does not have issues such as soil contamination or liquefaction which affects earthquake risk or flood risk. The other key area to look at is whether the home is structurally sound and not in need of major maintenance. – Deniz Kahramaner, Altasa

11. Do You Suspect Anything Beyond The Walls?

A home inspection will look at everything that is visible in the home, including the roof, HVAC, grading and plumbing. One thing people will want to ask is if the home inspector suspects anything beyond the walls. Sometimes there are tell-tale signs of neglect or lack of care in repairs. This could indicate problems that are not readily seen by the human eye that the buyer may want to address. – Michelle Risi, Royal LePage Connect Realty

12. Are There Receipts Of Annual HVAC Checks?

They should ask for copies of receipts showing that the HVAC system has been serviced annually from a licensed HVAC company. I have my outside condenser and my inside air handler serviced twice a year. I have a spring inspection and tune-up and also one in the late fall. By saving receipts, it will show a buyer that you’ve had the units cleaned and professionally maintained. – Bruce McNeilage, Kinloch Partners

13. What About The ‘Intangibles’ Of The Property?

Home inspection reports can be very thorough, but what they don’t include are the “intangibles” that come with a property. This is information that may not show up in reports or disclosures and can only be discovered by living on the property for a while. These include things like the neighbors, noise, traffic around the area or any required maintenance for upkeep of the house and yard. – Ron Costa, The Eighty Two Group

By Bruce McNeilage 19 Apr, 2024
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By Bruce McNeilage 14 Dec, 2023
In my interview with Seana Smith & Brad Smith from Yahoo Finance today we discussed single-familiy rental rates and my thoughts on mortgage rates going into 2024.
By Bruce McNeilage 14 Dec, 2023
Owner's equivalent rental prices rose 0.5% in November , a pervasive factor in US inflation as limited housing inventory continues to squeeze homebuyers out of tightened real estate markets. Kinloch Partners CEO Bruce McNeilage joins Yahoo Finance Live to weigh in on the outlook for renters and home purchases in 2024. Home prices are "not going to go down, that's for sure. And mortgage rates might go down, but if the cost of a house goes up $10-20,000, it's a wash," McNeilage states. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. 
By Bruce McNeilage 08 Nov, 2023
Original Story can be found here: https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/ Charlene and Timothy Stratton traded in their 4-acre Illinois ranch for a rental home in the Nashville suburb of Spring Hill and, so far, they love the new low-maintenance lifestyle. Like a growing contingent of Americans, they chose to rent a single-family house rather than buy a home or rent in multifamily apartment buildings. "We lived in the country all of our lives with horses and cows," said Timothy Stratton, a retired airline mechanic. "But we wanted to rent because we’re looking at our age. We did a lot of research and decided this will work out for the time being." Families like the Strattons increasingly want the mobility and limited commitment of a rental, with the privacy and space of a single-family home. Meanwhile, many families are also being pushed out of the tight housing market. Housing affordability plummeted to historic lows this year, with only 23% of U.S. listings in April considered affordable to households earning $75,000 or less, according to the National Association of Realtors. In response, real estate investors are betting heavily on new rental properties and, increasingly, on standalone units — especially in the South. More than 61,000 fully and semi-detached single-family rental units are under construction in Southern states as of September. In comparison, 28,000 units are in production in the Western U.S., the next-busiest region, according to RealPage Market Analytics. Those units include single-family homes, townhomes, rowhomes, quadruplexes and duplexes. Single-family rental communities are increasingly concentrated in subdivisions with on-site maintenance, rather than in homes nestled in for-sale housing neighborhoods. The Nashville market has the ninth-highest number of in-construction, build-to-rent homes with 2,745 units in the pipeline. Phoenix tops the list with 21,676 units underway, a RealPage analysis in August found. "Construction isn't going fast enough in Nashville. If they built four or five new build-to-rent communities, they would fill them up immediately," said Doug Ressler, the business intelligence director of Yardi Matrix, a real estate data firm. "We really expect Nashville to continue to see growth here." Rent vs. own: 'More house for your money' Charlene Stratton filled the three-bedroom house with festive seasonal crafts and artwork she creates in her home studio. Renting isn't perfect, but there are real perks — like, when the air conditioner stalled on a Saturday afternoon in the middle of summer, the landlord offered to put them in a hotel until maintenance could fix it that Monday. "When something goes wrong, we just call them," Charlene Stratton said. "It's great." The Strattons live at DerryBerry Estates, one of the first of its kind, built in 2019 by Kinloch Parners. The 34-home community sits on former pastures with views of Spring Hill's rolling green landscape and rose bushes in the front yard. Local development companies like Kinloch Partners of Nashville and Franklin-based Chartwell Residential and Barlow Builders have made stakes in the industry. "In 2008, I had no competition. Now there are six or seven players in the market," said Kinloch Partners Co-founder Bruce McNeilage, who sold much of his inventory to American Homes 4 Rent and expanded to South Carolina. "We're 99% leased out." McNeilage said he prioritizes creating a calm, supportive community with competitive prices. Rents at DerryBerry Estates ranged from $2,300 to $2,600 for homes with three to five bedrooms in September. "People are starting families later in life and COVID-19 has allowed people to work out of their houses so people are moving farther out," McNeilage added. "Housing prices are going up and interest prices just doubled. You can get more house for your money if you get farther out." Housing in Nashville area: 'Can't build them fast enough' Chartwell Residential, a local real estate firm specializing in multifamily apartments, is now building out its first single-family rental home community. https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/ https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/ https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/ https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/ https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/ https://www.tennessean.com/story/money/real-estate/2023/11/08/renters-seek-new-options-in-nashvilles-tight-housing-market/70652968007/
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