4-Point Insurance Inspection Can Identify Home Issues Early

Like any qualifying event we use to successfully conclude a transaction, there is always the risk of an unexpected surprise that throws a wrench into the works. The 4-point insurance qualifying inspection (roof, HVAC, electrical and plumbing) is no different. It’s all in how you approach it.

So, what are some of the best ways to have this 4-point inspection work in your favor?

1. Don’t make the mistake of thinking the 4-point inspection is just a summary version of the whole house inspection. Not even close. Items that may fly through the entire house inspection could disqualify in the 4-point inspection.
2. Most carriers require a 4-point inspection for homes 30 years or older. Having that knowledge, avoid the stress of a late surprise by getting the 4-point inspection completed early in the buying process.
3. If you’re the home seller, consider your own 4-point inspection before you list. Now you have a leg up on potential buyer demands. You can also get repairs completed before they become an issue.
4. If you’re the buyer, the 4-point inspection can be used to repair or replace unacceptable items such as electric panel boxes, plumbing material or older items deserving replacement.

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