Truth-in-Housing Plumbing Inspection Minneapolis St Paul MN

Plumbing Inspection MN | MN Plumber

They say the most important thing about buying a home is location. While finding the right area to live in is extremely important, there also are other factors to consider when buying a home, especially if it’s your first home. Purchasing a home is one of the biggest investments of your life, and it can be a difficult process. Selling a home is also a demanding and complicated process.

Truth-in-Housing

Home buyers in many communities, including Minneapolis and Saint Paul, will have access to a Truth-in-Housing inspection. Truth-in-Housing is a home inspection done by an approved professional to inform the buyer. Not all cities have Truth-in-Housing, and each city that does has different standards. In cities where they are required, it is the responsibility of a home seller to arrange for a Truth In Housing Inspection. This inspection identifies defects that may need attention, such as non-vented plumbing, peeling paint, or broken hand rails, but does not require all repairs to be made by the seller. Most hazardous issues do require repairs, which can be negotiated between the buyer and the seller. You should check with the city to find out the standards for Truth-in-Housing. In cities that do not have Truth-in-Housing, buyers should seriously consider a private inspection.

Private Inspection

A private home inspection is not mandatory prior to buying or selling a home, but it is strongly encouraged. As a buyer, you will have to hire your own inspector before you finalize a home purchase, and you’ll pay for it yourself (usually between $200-$500). But, you’ll be glad you did! A private inspection determines the condition of a home, and may include items or areas that need repair or replacement such as a wet basement, leaky roof, dry rot, or a faulty furnace. If there is evidence of water or moisture in the basement, consider installing a sump pump.

When you hire the inspector, you should attend the inspection to learn about the home, and ask questions and determine what repairs need to be addressed, including the cost of such repairs. Private inspections offer greater detail than Truth-in-Housing inspections do, and provide a better understanding of the condition of the home. As a buyer, when you pay for a home inspection it’s important to have written in the purchase agreement a window of time (typically three or four days) that you have after the inspection to re-negotiate certain repair credits or terminate the sale, if you wish.

Repairs

If an inspection states that repairs are needed, a buyer has the following options: Re-negotiate for a lower price on the home and purchase the home “as is” (without any repairs made), and assume responsibility for making the repairs; or ask the seller to make the repairs at a re-negotiated price.

A home inspection will look at the systems that make up the building such as:

  • Structural elements, foundation, framing etc
  • Plumbing systems
  • Roofing
  • Electrical systems
  • Cosmetic condition, paint, siding etc

A professional inspection report can save you thousands of dollars in the future. Keeping your fingers crossed will not resolve potential problems.  It takes specific, preventative measures that are best left to the professionals.

Here’s why: Plumbing experts are trained to diagnose and locate specific types of problems.  They have the right tools and knowledge to eradicate plumbing problems.

Remember…
If left uninspected, potential plumbing problems can worsen.  This includes:

Minnesota Home Disclosure Law

In light of the recent issue of a local brokerage getting sued for non disclosure, I thought I would clarify a few things the media didn’t exactly make clear.  The question is “what is a seller required to disclose” when selling their Minnesota home.  Minnesota home disclosure laws changed most recently in 2003, which requires sellers of residential real property to disclose all known material facts pertaining to adverse physical conditions of the property which could adversely affect and ordinary buyers use and enjoyment of the property, or any intended use of the property of which the seller is aware.  Brokers or their agents are also required to disclose the same information about the property if they know about it.

Ready To Sell Your Home?

When it’s time to sell your home many cities require an inspection on your home through the city in which you belong. These reports are often lengthy and hard to understand.

It is important to contact a plumber who is knowledgeable and extremely familiar with the Building Codes and is licensed in the state of Minnesota. A Licensed Plumber in Minneapolis will be able to sit down with you and go over exactly what needs to be done to make the sale move forward smoothly.

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