Get Expert Financing
- Matched with investor-friendly lenders
- Fast pre-approvals-no W2s required
- Financing options fro rentals, BRRRR, STRs
- Scale your portfolio with confidence
Buying a home for the first time is an exciting milestone, but it can also feel overwhelming—especially when it comes to the home inspection. This essential step helps uncover issues that may not be visible at first glance, potentially saving you thousands of dollars and future stress. In this guide, we’ll walk you through the complete home inspection process so you can navigate it with confidence.
A home inspection is a professional evaluation of a property’s condition. Conducted after an offer is accepted but before closing, it provides an in-depth look at the home’s structure, systems, and components. The inspector identifies both minor maintenance issues and major red flags that could influence your buying decision.
Key areas covered include:
Ready to begin your journey? Get our Homebuying Starter Checklist to stay on track from search to closing.
For first-time buyers, a home inspection is more than a formality—it’s your protection against unexpected expenses. You may be emotionally invested, but this step ensures your investment is sound.
Benefits of a home inspection:
Not all inspectors are created equal. Choose a certified, experienced professional with a solid reputation. Ideally, your inspector should be a member of a recognized organization like the American Society of Home Inspectors (ASHI) or International Association of Certified Home Inspectors (InterNACHI).
Tips for hiring:
Need a referral? Connect with our trusted network of inspectors for personalized recommendations.
On the day of inspection, expect the process to take 2-4 hours depending on the size and condition of the home. As a buyer, you should attend the inspection. This gives you the chance to ask questions and get familiar with the property.
Bring with you:
Afterward, the inspector will provide a detailed report outlining their findings.
While some issues are easily fixable, others could be deal-breakers. Here are common red flags to keep an eye on:
If any of these are found, discuss your options with your real estate agent. You may choose to negotiate repairs, ask for credits, or walk away if needed.
Once you have the inspection report, review it carefully. Focus on major defects, health or safety hazards, and building code violations.
You can:
Don’t miss a step—Download our Post-Inspection Negotiation Guide to help you make the best decision.
On average, $300–$500 depending on home size and location. Additional testing (radon, mold, sewer scope) may cost extra.
While not mandatory, it’s highly recommended. You’ll gain valuable insights and get real-time answers.
You can negotiate repairs, ask for price reductions, or walk away, depending on your contract terms.
Want to be a savvy buyer? Continue your journey with these helpful reads:
Navigating your first home inspection doesn’t have to be intimidating. Armed with the right knowledge and a great team, you’ll feel empowered to make smart, confident decisions about your new home. Happy house hunting!
Our advice is based on experience in the mortgage industry and we are dedicated to helping you achieve your goal of owning a home. We may receive compensation from partner banks when you view mortgage rates listed on our website.