If you are planning to buy a new home, you must understand that it isn’t an easy task like ticking boxes. The process of purchasing property involves various steps with research, reports, paperwork, inspection, and insurance. Usually, people prefer getting home insurance after buying a home.
These insurance companies check out the report of 4-point inspection to decide whether they will provide coverage to your home or not. This article explains the concept of 4-point inspection and what it covers.
Concept of 4-Point Inspection
This inspection is an analysis of the general condition of your home. Since it covers the following areas, it is called a 4-point inspection.
The homeowners’ insurance companies usually request this inspection to determine if a homeowner qualifies for coverage. By this, they can get a report from a neutral party about the property’s condition. After this inspection, an insurance company can estimate how much they should expect to spend on repairs and maintenance of your home. Apart from the insurer, homeowners can also find this inspection helpful in checking whether the house is worth investing in.
Benefits of a 4-Point Inspection
This home inspection offers multiple benefits, even if your state doesn’t necessarily ask you to get one done.
• You can simply call a professional home inspector to avail this fast, easy, and cost-friendly inspection in a short time. In addition, these 4 point inspections are also known to be inexpensive.
• With this 4-point inspection, you can take note of any issues and accordingly avoid bigger problems in the future.
• A 4-point inspection benefits those who want to sell their home along with homebuyers and insurance companies. Sellers can know the current condition of their homes and fix the necessary things before finding a buyer.
What is Covered Under a 4-Point Inspection?
Professional house inspectors check the following components while carrying out a 4-point home inspection:
- HVAC System
HVAC stands for heating, ventilation, and air conditioning. Since it helps regulate climate control, it’s one of the essential systems in your home. However, if you have an outdated HVAC or have not maintained it well, it accumulates a lot of dust that causes issues with air circulation and quality. In addition, it poses a risk of health hazards when left unchecked.
Therefore, a professional home inspector usually checks the following aspects of the HVAC unit while inspecting. First, the age and condition of your HVAC unit are checked to know its expectancy and how it is maintained. Another aspect that is checked for is the functionality of your system.
- Plumbing System
To ensure there are no leakages, the licensed home inspector will check your home’s plumbing system. The age of your plumbing system and the material used are essential for you to tell the expectancy of your system. To ensure the proper water supply, the inspector often checks all water supply lines throughout your house. Another essential aspect that will be inspected is your water heater.
- Electrical System
Your electrical system must meet code regulations to pass the home inspection. Your electrical system must fit the size of your house and also needs to be well-grounded. Even if the inspector notices minor issues, your home can still pass the inspection. It depends on the severity of the problem and the potential risk it poses. Some other cases can lead to home inspection failure since they are uninsurable. Some of them can be knob and tube wiring, fuse boxes and fuses, sheath and cloth wiring, double-tapped breaker, and Aluminum branch wiring.
The inspection of roofing is very comprehensive and in-depth among these 4. The design of your roof is fundamental to the house structure and affects your home’s energy efficiency. The accumulation of mold in your house also depends on your roof. Thus, lousy roofing can cause health hazards and other safety risks, leading to inspection failure. The inspector checks the aspects of your roofing like the age of your roofing, leakages, if any, the shape of the roof, and any other signs of deterioration.
So if you are planning to buy or sell your home, and want a 4-point inspection to be done, contact Atlantic Building Inspections to avail a professional inspection!