Buying A Home?
Buying a home can be one of the most exciting times in your life, make sure that you are smart before signing the deed. You need the home inspected first!
Buying a home can be one of the most exciting times in your life, make sure that you are smart before signing the deed. You need the home inspected first!
Brand new houses and condominiums are popping up all over the city and are becoming a more common purchase with a number of cities expanding. Believe it or not, a Toronto home inspection on a new home is just an important as having one on a re-sale property.
Purchasing your dream home is an exciting and important time in your life. But that perfect home could turn out to be a nightmare! Many Canadians have purchased homes without having a home inspection just to find out that there are problems that even the seller was unaware of. But what are the Top 3
Already in 2014, Toronto has witnessed an exciting, yet stressful real estate market for potential home buyers. The city has seen a decline in listings and soaring house prices due to the low inventory and high demand. Currently the market is flooded with buyers sparking a current trend of irrational bidding wars, bully offers, and more home auction scenarios.
The inspection of the Building or Property by AllMax Home & Property Inspections is subject to the terms, conditions and limitations stated below.
The report is intended only as a general guide to help the client make their own evaluation of the overall condition of the home, based on their own personal preferences and expectations. It is not intended to reflect the value of the premises, nor make any representation as to the advisability of purchase. The report expresses the personal opinions of the inspector, based upon his visual impressions of the conditions that existed at the time of the inspection only. The inspection and report are not intended to be technically exhaustive, or to imply that every component was inspected, or that every possible defect was discovered. The fee charged for this general inspection is less than that of a technically exhaustive inspection, which would involve a number of specialists, a longer inspection time and a significant increase in the cost of the inspection. If the client requires AllMax Home and Property to proceed with a more comprehensive inspection, the client would be required to pay additional fees for those services with the appropriate specialists, independently of this agreement. In order to prevent potential property damage on the premises and personal injury to the inspector, the inspection will not turn power and gas or on/off, disassemble equipment, move furniture, appliances and stored items, excavate the grounds, or board roof surfaces. Excluded from the report are all components and conditions which by the nature of their location are concealed, such as behind walls, camouflaged or difficult to inspect. Some problems can only be discovered by living in a house and cannot be detected during a few hours of a home inspection. A roof, foundation or shower enclosure leak, for example, may only occur during specific conditions (water running for at least 5 minutes, wind driven/heavy rain, etc.). For these reasons, the client or their representative must obtain prior to completing the purchase agreement, a legal disclosure from the vendor regarding their knowledge of any history of leakage or major structural and electrical modifications during or prior to their possession of the inspected property. Confirmation of environmental hazards is beyond the expertise and scope of a professional home inspection. Some of these conditions include, but are not limited to: formaldehyde, lead paint, asbestos, toxic or flammable materials, soil contamination, mould or mildew, and underground fuel oil storage tanks. If, while inspecting the home, a condition is observed which is suspected to be an environmental hazard, we will make every effort to bring this to your attention as a courtesy to you. We therefore will not accept responsibility or liability for any environmental hazards or issues that are discovered after the inspection, whether they are concealed or in plain view. If your inspector identifies any concerns or if you have any concerns yourself about potential environmental hazards, it is your responsibility to engage the services of a qualified environmental specialist to provide a full environmental of the house and property before proceeding with the purchase of the home. Other systems and conditions which are not within the scope of the building inspection include, but are not limited to: pest infestation, playground equipment, efficiency measurement of insulation or heating and cooling equipment;internal or underground drainage or plumbing, water treatment systems, swimming pools, hot tubs, septic systems, sprinkler systems and any systems which are shut down or otherwise secured; water well quality, quantity or zoning ordinances; intercoms and security systems; heat sensors; or cosmetics. Any general comments about these systems and conditions are informational only and do not represent an inspection.
Testing of household appliances are not within the standards of practice of a home inspection.