What First Time Home Buyers in Vancouver Need to Know About Home Inspections

There are new incentives from the government that will help first time home buyers get into the real estate market in 2017. The BC Home Owner Mortgage and Equity Partnership has already begun, and will help first time home buyers by supplying $37,500 or up to 5% of the purchase price with an interest free 25 year mortgage. The payments also do not start until after the first 5 years. With all these incentives helping people get into the housing market they will also need to make sure they do their research on their home before purchasing. One of the best ways to learn more about a house or condo is with a home inspection.

What are the benefits of a Home Inspection?

First time home buyers need to learn about the condition of the new home and how long certain aspects such as the roof will project to last. The foundational structure of the home and the lot can also help a prospective owner choose the best home for themselves and their existing or future families. A home inspection will give you details on the condition of many parts of your home.

Exterior Home Inspection Areas

  • Lot Grading
  • Drain Tile System
  • Foundation
  • Driveways
  • Sidewalks
  • Fences
  • Trim
  • Lights
  • Exterior Receptacles
  • Garage & Carport
  • Entries, Exits
  • Ventilation
  • Firewall
  • Odor/Smell
  • Slab
  • Walls (Interior and Exterior)
  • Ceilings
  • Garage Door
  • Openers
  • Lights
  • Receptacles
  • Windows
  • Roof (If Separate from Main Roof)
  • Garages
  • Windows
  • Doors
  • Vents
  • Porches
  • Decks
  • Exterior Walls
  • Handrails
  • Roof
  • Flashings
  • Gutters
  • Shingles / Other Roofing Materials
  • Downspouts
  • Chimneys
  • Skylights
  • Framing

As you can see there are many external areas of the home to consider when looking at the condition of a house and the surrounding property. A proper home inspection will help give you a more accurate analysis of the home you are considering to buy.

Interior Home Inspection Areas

  • Attic Framing
  • Ventilation
  • Insulation
  • Roof Sheathing
  • Walls
  • Ceilings
  • Floors
  • Stairs
  • Interior Doors
  • Insulation
  • Kitchen
  • Appliances
  • Smoke Detectors
  • Cabinets
  • Plumbing Systems
  • Sinks
  • Faucets
  • Traps
  • Garbage Disposal
  • Bathroom
  • sink-bathroom
  • Fixtures
  • Plumbing Systems
  • Traps
  • Ventilation
  • Main Electric Panel
  • Circuit Breakers
  • Types of Wiring
  • Grounding
  • Exhaust Fans
  • Receptacles
  • Switches (Dimmers)
  • Fans
  • Light Fixtures
  • Systems & Components
  • Tankless Water Heating System Vancouver
  • Chimney
  • Fireplace
  • Heating System
  • Duct Work
  • Air Conditioning
  • Water Heaters
  • Sprinklers

Knowledge is Power For First Time Home Buyers

With all of this knowledge about the interior and exterior of a home or condo first time home buyers can be more confident when choosing the home or condo they want to invest in. The real estate market can be tricky, and the more knowledge you have about a property the better you are equipped to make the big decision and buy your first home.

If you are planning on buying your first home using the new first time home buyers incentives, make sure you have the full picture. Get a certified home inspector to analyze the property and house so that you can buy with confidence.