Tuesday, January 8, 2008

Arizona home inspectors rank higher then most states

Good news for Arizona home buyers! It looks like Arizona ranks third among states with home inspection laws, which means our laws regulating home inspections is much stricter then most states.

Each year the American Society of Home Inspectors ranks states based on their home inspection regulation laws. Ranking is based on criteria including experience, education, code of ethics and several other factors.


Although Arizona ranks high on this list, home buyers still need to be careful when selecting a home inspector. Arizona home inspectors aren't required to carry Error and Omissions insurance, liability or worker's compensation. Our state only requires that inspectors carry a $25K bond annually, which costs the inspector about $300 a year. E&O insurance costs about $3000 a year, so if your inspector has it, it's a good bet that he's experienced and has a good client base to support his fees. Protect yourself by making sure you find a home inspector that has E&O insurance, liability, worker's comp and a money back guarantee.

Experienced real estate agents have worked with a variety of home inspectors and may have their favorites, but it's wise to investigate a number of inspection companies rather then relying on a referral from you agent. You want an inspector that's going to be firm and point out every and any possible issue with your future home. Once you know what problems exist, what you do with the information lies in your hands.



3 comments:

Alan Daniels said...

Outstanding blog! This is a great resource on Arizona Real Estate. I am curious which other states ranked in the top 5 for inspectors. Was Colorado within this Poll?
Visit Colorado Springs Real Estate Resources

Valorie Bradley said...

Hi Alan, thanks for visiting. According to the ASHI it looks like Colorado isn't currently a state that regulates home inspectors. Maybe next year!

http://www.ashi.org/media/press/release087.asp

Anonymous said...

Arizona home inspectors rank higher then most states


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