When purchasing a home listed as For Sale By Owner (FSBO), the process can differ slightly from working with a real estate agent. No matter which way you choose to buy a home, it is crucial that the buyer conduct thorough home inspections to ensure the property is in top condition.
While the charm of buying directly from the owner may seem appealing, it can also leave you exposed to hidden issues with the home that could cost you thousands down the line.
Let’s get to know about FSBO buyers’ home inspection checklist – a guide to help you ensure your new home is safe, sound, and worth every penny.
Why Home Inspections Matter for FSBO Buyers?
The FSBO route has its perks, like potentially lower prices and direct negotiations with the seller. But it also means you may not have the expert guidance of a real estate agent who would typically oversee your transaction and point out red flags during the process. This makes the home inspection process even more critical.
It can help identify issues that might not be immediately obvious, such as foundation cracks, plumbing leaks, or outdated electrical systems. If these problems are discovered early, they can be used to negotiate the price, request repairs, or even walk away from the deal altogether.
So, if you’re buying an older home or a newer build, having a detailed checklist for home inspection is essential.
Important Reminder: Beyond the Home Inspection Checklist For Buyers, there are many other factors to consider when dealing with an FSBO transaction. We understand that you’re not a professional and navigating these details can be overwhelming. That’s why Something Different RE FSBO is here to guide you through every step of the process.
Schedule your one-on-one consultation today!
Home Inspection Checklist For Buyers
As an FSBO homebuyer, there are key things you must check during an inspection, as they can affect your overall costs later. If you’re asking yourself, ‘What to Look For in a Home Inspection?’, here’s the answer:
1. General Inspection
Always, always hire a General Inspection first. A general inspection allows for the entire house to be gone through with a big lens. Oftentimes a general inspection will lead to hiring specific inspections for certain concerns with the home. Many general inspectors will point out issues with the:
- Structure
- Roof
- HVAC
- Mold
- Water Leaks
If there are any massive red flags seen by the general inspection, hiring a specialist in the area of concern is ALWAYS the best option.
2. Structural and Foundation Inspection
The foundation of a home is its backbone. If it’s weak or compromised, it can lead to expensive repairs and structural damage down the line. Unfortunately, issues with foundations are often not visible on the surface. Here’s what you should look for during the foundation inspection:
- Cracks in the walls: Horizontal or vertical cracks in walls, floors, or ceilings can indicate settling or shifting of the foundation. If cracks are large or uneven, they might require professional evaluation.
- Uneven floors: Walk through the house to check if the floors are level. Sagging or sloping floors could signal problems with the foundation.
- Water damage in the basement: Signs of dampness, water stains in the basement, or crawl space could point to water leakage. If water is pooling around the foundation, it might indicate drainage problems that need immediate attention.
3. Roof Inspection
The roof is one of the most expensive components of a home to repair, so it’s vital to ensure it’s in good shape. A roof inspection should look for the following:
- Shingles and flashing: Inspect for missing or damaged shingles. Make sure the flashing around chimneys, vents, and skylights is intact and free of rust.
- Signs of leaks: Check the attic for any water stains or mold, which could be signs of leaks in the roof.
- Gutter and downspout condition: Make sure gutters are clear and in good condition to avoid water buildup, which can cause damage to the roof and foundation.
4. Plumbing Inspection
Plumbing issues can be hidden behind walls or under the floors, making them tough to spot without a professional inspection. During the plumbing inspection, focus on the following:
- Water pressure: Test the faucets, showerheads, and toilets to ensure there’s adequate water pressure throughout the house.
- Pipes and leaks: Check for visible signs of leaks or corrosion around exposed pipes in the kitchen, bathrooms, and basement. Look for pooling water or water stains on the walls or ceiling.
5. Electrical Inspection
An outdated or faulty electrical system is a significant safety hazard. A professional electrical inspection will check the following:
- Circuit breakers: Ensure the electrical panel is up to code and has enough room for future upgrades.
- Electrical outlets and switches: Check each outlet and light switch to ensure they are functioning correctly. Also, look for signs of burning or discoloration around outlets, which could be a fire hazard.
- Wiring: If the home was built before the 1980s, there could be outdated wiring (such as knob-and-tube wiring) that needs to be replaced for safety reasons.
Note: If you’re having trouble understanding the FSBO process online, don’t worry! We’re offering an In-Person FSBO Home Buyer Course in Casper, WY, starting this January (2025).
6. HVAC Inspection
The heating and cooling systems in a home are key to comfort and energy efficiency. The HVAC inspection should cover:
- Air conditioning and heating: Test both the furnace and the air conditioner to ensure they’re in working order.
- Age and condition: The age of the HVAC system can impact its longevity. If it’s over 10-15 years old, you might need to budget for an eventual replacement or have the seller add in a Home Warranty.
7. Pest Inspection
FSBO sellers might not think they have pests living in their home, making a pest inspection essential. Focus on:
- Termites: Termites can cause severe structural damage, so it’s critical to get a termite inspection.
- Rodents and insects: Check for signs of rodents, ants, or other pests in the attic, basement, and walls. Look for droppings, chewed wires, and nests.
- Damage: Any signs of wood damage or chewed materials could indicate a previous pest problem.
8. Windows and Doors: Sealing in Efficiency
Properly sealed windows and doors are important for both energy efficiency and security. During your inspection, check:
- Drafts: Open and close all windows and doors to see if they are sealed properly. Drafts or difficulty closing windows could indicate that the seals need to be replaced.
- Locks and security: Test all locks to ensure they are functional and secure. Consider the safety implications of faulty locks on doors and windows.
Related Articles –
Skills You Will Learn in an In-Person FSBO Course for Home Buying
How to Write a Compelling Listing Description?
Common Challenges of FSBO and How to Overcome Them
A home inspection is an essential step in ensuring that the property is in good condition and that you’re making a sound investment.
Don’t rush the process, ask questions, take your time, and understand what you’re buying. By doing so, you’ll be well on your way to finding a home that fits your needs and is worth the investment.
