Property Inspectors

[Freeman Schultz]

So I am interested in investing in real estate in Michigan, New Jersey, Connecticut, Pennsylvania and New York. One thing that pops up is the property inspection. 

What is the best way to select a property inspector?

What are the standard qualifications of a good property inspector? 

Should they be part of an organization? What type of license should they have?

What are the red flags?

How much should it cost? I have heard it ranges from $300-$500.

[Rob Brautigam]

Word of mouth, LinkedIn profile testimonials, online review sites, BBB, etc. are all great ways to review your potential inspector's reputation. I have used an inspector who was literally a one-man-show. He was licensed in CT, inspected the house in ~2 hours, and wrote up and sent a thorough report that evening.

As long as they are licensed and have good reviews, I would have confidence in using them. I wouldn't expect them to be part of an 'inspector organization.' They should have a License with your state as a Home Inspector.

The biggest thing is for you to be educated and aware of what potential problems may exist with the given house. Termites - are you in a termite susceptible region/climate?, NJ/CT are, MI is not. Is the basement musty/humid and has potential for mold growth, water damage? Radon - look at a radon potential map for your state (Here's CT). Well/Septic inspection should be done if buying a house with them. Etc, etc.

Hope this helps.