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Home Inspection questions, answered by experts

It depends on the bank and the extent of the issue. Some banks will lend against homes with minor foundation damage, but most won’t if the issue is structural since the home acts as collateral for the mortgage. Banks that offer renovation loans might still finance a home with structural problems. More minor issues like settling cracks and intermittent problems with humidity are unlikely to stop a bank from financing.

Start by asking friends, family, and neighbors if they know any reliable roof inspectors. You can also ask contractors that you’ve worked with in the past—they often have a network of people they can reach out to. Once you do find a roof inspector you like, check their online presence, read customer reviews, and give them a call. 

Make sure they’re properly licensed and insured in your area. It’s also a good idea to hire inspectors licensed by both the National Roof Certification & Inspection Association (NRCIA) and the International Association of Certified Home Inspectors (InterNACHI).

Mold inspections cost anywhere from $300 to $1,025, depending on the type of mold, the extent of the area that requires testing, your location, and the accessibility of the affected area. A mold inspection is an important part of the overall process, helping determine the scope of the problem and understanding the best remediation method based on the type of mold discovered.

There are a few things you can look out for to ensure your chimney is safe to use. Check for the following issues:

  • Cracks or missing pieces in the masonry of the chimney

  • Creosote buildup in the chimney, which is a black, tar-like substance

  • Cracks, stains, or scorch marks in the firebox

  • Water stains in or around the fireplace

  • A broken or stuck damper

It's smart to schedule a foundation inspection after a significant drought, especially if you suspect new problems in your home's structure, such as cracks or uneven floors. Be sure to hire a certified contractor to inspect your foundation, particularly one that specializes in foundations or home inspections. Catching potential problems early on can help you avoid costly repairs in the long run.

The Franklin, ID homeowners’ guide to home inspections

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