Well, good afternoon, everyone. My name is Chris Berger, and it’s time for a Berger Point.

You know, a lot of people wonder about the value of a good inspection of the home and when it should be performed.

Typically, the buyer always hires the inspector, so that inspection report is for the buyer’s eyes only.Now, it’s up to the buyer whether or not to share that and they usually do when they want to negotiate the price.

Now, when does the inspection come into place?Well, once an offer has been made to the seller and it’s been accepted, normally it takes about seven days to perform an inspection.

Why?

Because this allows the seller to know that the buyer is serious, and wants to move forward.What is the purpose of the inspection?

What is the inspector really looking for?

Well, typically in a 2,000 square foot home, you’re going to wind up paying $450 to $600 for the inspection.

The inspector will find many, many things wrong with the property.Sometimes it’s almost nitpicking because if the house is pristine, he’s got to offer something that you’re being charged with.

However, the red flags, what are the red flags that a buyer should look for?Well, probably one of the most common red flags is mold that might be behind a wall, but you might see little etchings of it through a vent or through the sheet-rock.

So important that’s when an inspector really may earns his money because he’ll see the mold and it makes a difference also to galvanized pipe downstairs would indicate that the plumbing is probably pretty old.

So that’s the value of an inspection. And that’s why it’s so important.

So buyers, make sure to hire an inspector.And if it comes to the point where you have to negotiate some of the things in that inspection report, your agent will gladly do it.

And that’s my point.

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