What Is a 4 Point Inspection and When Is It Needed?
Residential property is an expensive investment, which is why homeowners should regularly inspect its condition. Instead of providing comfort, a home with faulty electrical wiring or a damaged roof will only cause stress to its inhabitants. A home with too many issues can also affect the homeowner’s financial health. A 4 point home inspection is one of the best and easiest ways for property owners to determine the condition of their homes. This is especially important for residential properties that are old or antique.
What Is a 4 Point Home Inspection?
A 4 point home inspection is the analysis of the overall condition of a residential property. As the name suggests, a 4 point home inspection examines four major systems of the home: electrical, HVAC (heating, ventilation, and air conditioning), plumbing, and roof inspection.
During 4 point inspections, home inspectors will visually examine the four components of a house and identify current or future problems. Unlike a new home inspection that lasts for about three to four hours, 4 point inspections only last for 30 minutes. The report from the home inspector will be delivered later during the day.
When Is It Needed?
Most homeowners’ insurance companies will require homeowners to pay for 4 point inspections before their policy is granted or renewed. The inspection allows insurance companies to get an unbiased, professional opinion about the condition of the residential property and understand the risk of the home they’re trying to insure.
Certain conditions in a home, such as a roof with several missing shingles or a damaged plumbing system, can be a future liability, which is why 4 point inspections are vital. Complete 4 point home inspection reports can alert insurance companies about these potential problems.
Paying for 4 point inspections is also a requirement for homebuyers who want to invest in properties that are at least 25 years old.
How Much Does a 4 Point Inspection Cost?
On average, 4 point home inspections can cost anywhere from $50 to $150. The cost of 4 point home inspections varies depending on the home inspector, so homeowners are encouraged to consider options and compare home inspection costs before hiring one.
4 Point Home Inspections Are Smart Investments
For homeowners to make the most out of their residential properties, it’s vital to invest in home inspections. Sure, this might entail additional costs from their pockets, but investing in this service will help them secure homeowners’ insurance, allow them to determine the condition of their property, and hire professionals for repairs early on.
Homeowners who are interested in 4 point home inspections should type “4 point inspection near me” in their browsers to find reliable inspectors right away. By investing in home inspections today, homeowners can save themselves from stress and expenses in the future.