Cover image for The consumer advocate's guide to home inspection : avoiding the nightmare of purchasing a money pit
Title:
The consumer advocate's guide to home inspection : avoiding the nightmare of purchasing a money pit
Author:
Stone, Barry.
Personal Author:
Publication Information:
Chicago, Ill. : Dearborn Trade Pub., [2003]

©2003
Physical Description:
xi, 224 pages : illustrations ; 23 cm
General Note:
Includes index.
Language:
English
ISBN:
9780793160327
Format :
Book

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Summary

Summary

Barry Stone, consumer advocate and home inspector, discusses how to use the home inspection process to its fullest, including finding qualified inspectors, and negotiating repairs after the inspection.


Author Notes

Barry Stone is an expert on home inspection and real estate disclosure. During his 33-year career as a contraction, tradesman, and home inspector, he has evaluated more than 7,000 homes, hotels, shopping centers, and other commercial buildings.


Table of Contents

Introduction: Every house is a silent edifice of unspoken secretsp. ix
1. A Short History of Home Inspection: Disclosure marks the historical turning point in American real estatep. 1
2. Understanding the Home Inspection Process: Home inspection is often a grand mystery to buyers and sellersp. 5
The Basic Premise of Home Inspectionp. 5
Common Misconceptionsp. 6
Scope of a Home Inspectionp. 9
When to Schedule the Inspectionp. 9
Inspection Contingencyp. 10
Hours Needed for an Inspectionp. 11
Inspections Can Also Benefit Sellersp. 13
3. Attending the Home Inspection: If you miss the inspection, you may also miss the boatp. 16
4. Choosing the Right Home Inspector: Home inspectors are not created equal!p. 20
Professional Affiliationsp. 21
Home Inspection Experiencep. 23
Errors and Omissions Insurancep. 25
Building Code Certificationp. 27
Formal Home Inspection Trainingp. 28
Request a Sample Reportp. 30
Choose Your Own Home Inspectorp. 32
Avoid Price Shoppingp. 34
5. Inspecting Brand-New Homes: The Trojan Horse was new ... and should have been inspectedp. 37
Municipal Inspectorsp. 39
Reliable Buildersp. 41
Builders' Warrantiesp. 43
Uncooperative Buildersp. 45
New Homes Need to Be Inspectedp. 47
6. Scope and Limitations of a Home Inspection: Home inspectors are constrained by human limitsp. 49
Conditions Within the Scope of a Home Inspectionp. 52
Conditions Outside the Scope of a Home Inspectionp. 62
7. The Home Inspector's Liability: There are two kinds of home inspectors: those who have been sued and those who will bep. 78
Converging Views of Liabilityp. 78
Fair and Unfair Liabilityp. 84
Actual Monetary Liabilityp. 88
8. After the Inspection: Repairs and Renegotiation: Moving ahead, starting over, or walking awayp. 90
Guidelines for Negotiationp. 90
The Response of Sellersp. 96
Dealing with Repairsp. 98
9. Problems After the Sale: Cleaning up the spilt milkp. 100
Defining the Issuesp. 100
Appropriate versus Inappropriate Complaintsp. 103
Known versus Unknown Defectsp. 106
Deliberate versus Inadvertent Nondisclosurep. 109
Acceptance and Avoidance of Disclosure Responsibilityp. 119
10. Homebuyer's Inspection Checklist: Don't try to do this at homep. 122
Foundation Checklistp. 123
Grading and Drainage Checklistp. 128
Electrical Checklistp. 132
Plumbing Checklistp. 148
Heating Checklistp. 174
Cooling Systems Checklistp. 184
Building Exterior Checklistp. 187
Yard Area Checklistp. 189
Garage Checklistp. 191
Roofing Checklistp. 193
Wood-Burning Fixtures Checklistp. 197
Building Interior Checklistp. 202
Miscellaneous Checklistp. 204
Homebuyer's Checklistp. 206
Indexp. 219