In the not too distant past, I have paid $150 for a home inspection on a $2500K house and $450 for a survey on a $75K boat. One tool 90 minutes and the other took a three hours, followed by sea trials and a hull exam with a review after some repairs were made. The home inspection, relatively speaking was a joke, but the bank required it. A $5K furnace replacement was not found in the home inspection. $6K in running gear was found and fixed after the marine survey. What do you think was the relative value?
BTW, the bank required a certified "Homer inspector". I also used my own HVAC guy, not a "Home inspector" and the seller paid for a new furnace.
|