A home inspection has a list of systems that will be inspected to ensure that your home is safe, and also so that the home you are buying has no unseen problems. While each house is unique, an inspector will always look at certain elements.
The process of buying a home is complicated, especially in a growing economy like Salt Lake City. One of the most important choices you can make during a real estate transaction is to find a knowledgeable home inspector that delivers a quality inspection report.
Home inspectors in Utah are not required by the state to be licensed inspectors, so it is important to utilize resources so that you can find inspectors who are qualified. Many Salt Lake home inspectors follow a specific Standard of Practice set forth by associations like InterNACHI. These standards are guidelines that determine what they will or will not inspect during your home inspection.
Over the course of 2019, Salt Lake City’s real estate market has been warm for sellers with continual year over year appreciation in value. Home values rose by about 6% during 2019, and are predicted to continue to increase by 5% over 2020. This may change over time as the effects of Covid-19 present themselves on the economy.
For Salt Lake City homebuyers, this means there isn’t as much negotiation power due to continued demand. While it is always a good idea to get a home inspection, you might not be able to ask for as many concessions as you would in a slower market.
In this case, you can use your home inspection report as a tool to get to know your home and be a well informed homeowner.