HOMESPEC
   HOME INSPECTIONS

 Nassau 516-942-0009 & Suffolk 631-243-6642
NYS. License Home Inspector
John Graham #16000005054
ASHI. Certified #206772
NAHI. Certified #10-9079
NYS. Termite #C1810801

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 Full Certified Member 2006

 

 

 Call Homespec inspection Services 631-243-6642- for your building inspection needs. HOMESPEC  HOME  INSPECTIONS SERVICES
 
Home Inspection: "Good Value For The Price"

A study of the home inspection industry undertaken by the
National Association of REALTORS® and the American
Society of Home Inspectors ASHI revealed that ninety-seven
(97%) percent of the home buyers they interviewed who had a
home inspection believe that it was a "good value for the price."

The first-ever study also revealed that seventy-seven (77%)
percent of all recent home buyers obtained a home inspection
prior to the purchase of their homes. These findings indicate that
home inspectors, professionals hired to inspect homes bought
and sold, have become an integral part of the real estate
process.

"It's clear from this survey that home inspections are utilized
more now than ever before," said ASHI President John Ghent of
the study that surveyed 1,000 home buyers and 900 real estate
agents. "We're also happy to hear that consumers are more
confident buying or selling a home when they involve home
inspection professionals."

Some of the key findings from the telephone interview study
conducted by Market Enhancement Group, Inc., with home
buyers and real estate agents involved in a real estate transaction
within the last 18 months, were as follows:

Nearly all realtors (99%) nationally recommend that the
buyer get a home inspection, with 92% saying they
always make this recommendation, and an additional 7%
saying they often do so.

Of the seventy-seven (77%) percent of all recent
homebuyers nationally who obtained a home inspection:
81% had a contingency placed in the contract for
the inspection.
79% attended and participated in the home
inspection.
97% believe that the home inspection was a good
value for the price they paid.

The Northeast region had the lowest rate of getting a
home inspection (70%) whereas the West region had the
highest rate at 81%.

Twenty-three (23%) percent of home buyers nationally
did not have a home inspection prior to purchase, with
more than a third of them expressing the reason as they
were buying a newly constructed home.

More than half (54%) of home buyers had knowledge of
the inspector being a member of a professional home
inspector organization, with 18% of them citing the
organization as the American Society of Home Inspectors
(ASHI).

Most realtors (84%) have not had any sellers contracts
terminated as a result of a home inspection, with the
highest ratio in the West Region (87%) and the Northeast
Region (86%), with the Midwest and South Regions
close behind (81% each).

The American Society of Home Inspectors (ASHI), formed in
1976, is the oldest, most respected, and largest professional
organization of home inspectors in North America. Its mission is
to promote excellence and exemplary practice within the
profession. ASHI's Standards of Practice and Code of Ethics
are the recognized guidelines for the home inspection profession.

The National Association of Realtors® is America's largest
trade association representing nearly 760,000 members involved
in all aspects of the residential and commercial real estate
industries. Membership is composed of residential and
commercial Realtors who are brokers, salespeople, property
managers, appraisers, counselors and others engaged in all
aspects of the real estate industry.

Pat Rioux
pat@ired.com

If you would like to arrange for any of our services
Please call us at:
(516) 942-0008 or 631)-243-6642
Out of area? call Toll free at 1-877 814-4775
(call 7 days a week from 9am to 9pm)
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