How Licensed Home Inspectors Could Help You
If you’re in the process of buying a house, it’s easy to get swept up in the excitement of becoming a homeowner and forget to have a home inspection conducted soon after you are under contract. As an instrumental part of the homebuying process, a home inspection can save you a lot of time and money in the long run. You aren’t just buying a beautiful master suite or stone-lined fireplace, you’re also buying any problems lurking in the walls, roofing, basement, etc.
While home inspections give you a chance to avoid the problems, or, at least, use the results to negotiate with the seller to pay for repairs, the home inspection sector has been in need of a ‘home’ inspection themselves for some time now.
There has been a growth spurt of unqualified inspectors that have maligned the name and value of home inspection by adopting poor quality inspection techniques.
To regularise the services, Minister of Government and Consumer Services Marie-France Lalonde announced Ontario's intent to introduce legislation that would if passed, regulate the province's home inspection industry in order to better protect consumers.
If passed, the proposed changes would:
- Require home inspectors to be licensed with proper qualifications
- Set minimum standards for contracts, home inspection reports, disclosures, and the performance of home inspections
- Establish an independent Administrative Authority to administer and enforce the home inspection licensing legislation and associated regulations
At HouseMaster, we’re thrilled that licensing is coming for all Ontario home inspectors as there will finally be some closer oversight over who is a qualified person that can perform home inspections in Ontario. We estimate that licensing should be in place within two years.
Licensing will help the public easily find a qualified home inspector that has insurance and is fully qualified to help them make an informed decision. While this will result in a marked improvement of home inspection services, the drawback of such an act is it may drive the cost of inspections up a little due to the additional fees that the government will charge the home inspectors who are seeking licensing.