Home Inspections on Park City Home Purchases
If you are buying a Park City home, I always recommend that you have a home inspection, even if you buying a new home. But what exactly is a home inspection and what does it cover?
A home inspection is intended to determine the condition of a property and identify any material defects. Material defects are defined as anything that affects safety, structural integrity or something that impacts a homes value. While an inspector may check the operation of a system or subsystem (e.g. furnace), a system that is near the end of its life is not a material defect. A buyer should use a home inspection as part of their due diligence, to ensure that they are purchasing a home without major defects / problems. If items are found in the inspection, the buyer may request the seller fixes these, or the buyer may withdraw from the purchase without penalty.
While everyday wear and tear items or items that need minor maintenance maybe listed in the inspection report, this is not the main purpose of an inspection. As much as some buyers will try, an inspection should not be used to try to make an old house into a new house. If the buyer wants a new house, then they should buy one and not try to force the seller to fix every little problem.
Obviously, over the years building codes have changed, for example the introduction of GFI breakers to protect a home owner from electric shock. When an inspector finds something that does not meet current code, it can fall into one of two categories. If the item was originally installed to code, this is said to be "fit for intended purpose". However, if the item has been replaced, and is not to code or was not originally installed correctly, it is said to be 'not fit for intended purpose'.