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NAR/ASHI 2001 Home Inspection Survey
Details of Major Findings: Home Buyer Survey

1. Home buyers who obtained a home inspection prior to the purchase of their home:
 
Yes 77%
No 23%
Unsure 0%
 
2. Primary reasons for purchasing a home without a home inspection:
 
Bought new home with warranty 18%
Wanted to save money 15%
Brand new home, not necessary 34%
Didn’t think there was any risk 23%
Inspected home themselves 12%
Didn’t know home inspections existed, not familiar with home inspections 3%
Couldn’t afford a home inspection 3%
 
3. Qualities for selecting a home inspector:
 
Real estate agent recommended the inspector to use 69%
Found a home inspector company in the telephone book or on the Internet 3%
The real estate agent/broker gave a list of recommended home inspectors/companies 10%
A referral from a friend/relative 18%
Other 0%
Contacted a professional home inspector organization 0%
Unsure 0%
 
4. The home inspection was conducted:
 
At the buyer’s request 57%
At the agent’s recommendation 43%
Other 0%
 
5. There was a contingency placed in the contract for the inspection:
 
Yes 81%
No 19%
Unsure 0%
 
6. The buyer attended and participated in the home inspection:
 
Yes 79%
No 21%
Unsure 0%
 
7. To the buyer’s knowledge, the home inspector was licensed to perform this work:
 
Yes 77%
No 23%
Unsure 0%
 
8. To the buyer’s knowledge, the inspector was a member of a professional home inspector organization:
 
Yes 54%
No 13%
Unsure 32%
 
9. (If yes) The home inspector was a member of:
 
American Society of Home Inspectors (ASHI) 18%
Any state in combination with American Society of Home Inspectors (ASHI) 3%
Examination Board of Professional Home Inspectors 0%
FHA appraiser, appraisal 0%
 
10. Percentage of home buyers who felt that the home inspection was a good value for the price paid:
 
Yes 97%
No 3%
Unsure 0%
 
11. Estimated cost ($) of home inspection on new home purchase:
 
100 5%
125 2%
150 15%
160 1%
170 1%
175 9%
180 1%
185 1%
200 24%
225 3%
235 3%
245 3%
250 8%
275 4%
285 1%
300 6%
325 1%
350 3%
375 1%
 
12. Location of home buyers surveyed:
 
Northeast 22.7%
Midwest 25.0%
South 25.9%
West 26.3%
 
13. The inspection was undertaken on a property purchased through the FHA:
 
Yes 14%
No 86%
Unsure 0%
 
14. (If yes) The real estate agent explained to the satisfaction of the home buyer the importance of a home inspection:
 
Yes 71%
No 15%
Unsure 0%
Other 0%
Did not use FHA program 14%
 
15. (If yes) The real estate agent explained the difference between a home inspection and an appraisal:
 
Yes 72%
No 28%
Unsure 0%
Other 0%
 
16. This purchase was a first home purchase:
Yes 35%
No 65%
Unsure 0%


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