Buyer’s Guide to Home Inspections on Sanibel Island, FL

The home inspection process is a rather pivotal step in buying a home. If you don’t inspect what is occurring under the surface (and sometimes on it), you open yourself up to unanticipated troubles down the road.

Buying Sanibel Island real estate is tricky enough without skipping the home inspection. So what do you need to know? Below are a few quick tips and our overview of getting the most out of a home inspection.

Buying Sanibel Island real estate can be tricky so we have provided a few quick tips and our overview of getting the most out of a home inspection,

Do You Need One?

So the first question you need to answer is if you need one at all. Legally speaking, a home inspection is not necessary. Some sellers may even encourage you not to get one!

With that said, most home buyers commit to an inspection. If the home is over a few years old, it is definitely highly recommended. Any older, and you would be crazy not to.

Who Should You Hire?

The short answer is anyone you trust! There are home inspection providers who review Sanibel Island homes for sale every week, so it is only a matter of getting on their timetable. You want to look over reviews if available or request someone through a friend. Traditionally, a closing title office will have recommended inspectors available.

How the Inspection Works?

Traditionally, there is an inspection clause when you sign a contract to buy Captiva Island real estate. The contract is essentially a “will purchase” agreement. If the criterion is met, the purchase goes through. One criterion is the inspection period. It varies from one week to a month depending on the size of the home and other factors. You can always request an extension.

It takes about a week to receive the results for an inspection, so be sure to leave a little window of time.

The inspection process itself rarely takes over half a day. The inspector will typically rate the features and areas of the home on a grading scale. While they are not always looking at extremely specific areas, they do want to see an overview. For example, a minor repair may reduce the rating for the kitchen. A major repair, like a hole in the ceiling, may impact the structure rating.

Inspectors will weigh function over cosmetic. This means that as long as something retains its function, it will be rated acceptable. Cosmetic repairs are worth looking at but don’t often make something extremely poorly-rated.

Overall, it scales from “issue of safety” or “material,” to “minor,” subtle cosmetic concerns which don’t impact functionality. Inspectors review the plumbing, electrical, stove, insulation and walls, foundation, gutters, and more.

Every inspection report is a little different, but there are general templates available online for Captiva Island homes for sales.

What to do with the Results?

So you have the report.

Now what?

If you rely on a bank loan, you should be aware that a bank won’t always finance a home that has material damages. These are damages which impact safety. This is partly why you see many homes which are broken and in need of major upgrades for a deep discount need of quick cash buyers.

The inspection could also be leveraged for your purchase. You can go back to the negotiation table and use numerous repair marks as a chance to lower the sale price. Substantial damages, previously unknown, may force a seller to reconsider their price. You, as a buyer, have the opportunity to look at the costs of repairing the cosmetic and material marks, and how that may impact your investment.

Ultimately, the inspection period allows you, the buyer, to have a better idea of what you are getting into. It is vital information for what could easily be the biggest purchase of your life.

You can contact us if you are interested in selling or buying a home. We can help guide you through this very important part of the process.