Whats The Difference between a Home Inspection and Home Warranty Evaluation?
Some inspectors — whether hired through real estate agents or the homebuyers themselves — don’t really perform a complete home inspection at all, but rather what’s known as a “warranty evaluation,” and the difference is significant.In a nutshell, a warranty evaluation usually takes under an hour, only covers basic elements that are covered by the home warranty such as the heating/air conditioning system and other built-in mechanical systems.Whereas a real home inspection consists of a full comprehensive evaluation of virtually every system and component of the home, including major appliances, roof, structure and utility systems, and includes a complete, written inspection report.A licensed home inspector is also required to carry a minimum of $300,000 in Errors & Omission (E&O) Insurance, which protects both client and real estate agent in case the inspector inadvertently misses or omits a major defective system or component from his inspection report.When selecting a home inspectio
