Call905.731.2680

Home Inspection Considerations During Family Transition

Home inspections are very useful for people going through separations and divorce.

Most often, separating home owners need to sell their matrimonial home to finance a new living arrangement.  A qualified Home Inspector can assess your current or prospective home, providing valuable insight into problems or potential problems and details regarding possible costs.

Divorcing spouses will have their house appraised and then rely on the appraiser to determine its fair market value.  This conventional pricing process tends to rely on square footage, features and location.  The appraiser does not consider whether home repairs are required.  These costs can impact selling values and may provide an inaccurate appraisal if one of the spouses remains in the home.

A home inspection, on the other hand, will determine if the features and structure of the house are functioning the way they were intended.  Home inspectors will provide information that can help the appraiser establish a more accurate estimate of the home’s worth.  Additionally, it could be used in negotiations for equalization payments in a Separation Agreement.  When assets are split, the inspector’s report provides a more accurate account of what the home’s value.  This helps with negotiations during the separation process or with purchasing new homes.

The Home Inspectors Group understands that getting proper guidance is critical during a time of transition that involves the separation of assets.  We provide two inspectors with no additional cost.  We help you INSPECT WHAT YOU EXPECT!

Steve Ramoul

The Home Inspectors Group Inc.

Office:       (416) 276-2706

Email:        inspector@thehomeinspectorsgroup.com

Website:    www.thehomeinspectorsgroup.com

Leave a Reply