One of the best bits of advice you’ll hear during the home buying process is to get a home inspection. A home inspection costs just a couple hundred dollars, and a home inspector can spot problems that would cost tens of thousands of dollars to fix – saving you from major headaches.
But what some people don’t know is that home inspectors in Canada are not regulated in most provinces, including Ontario. This means that while there are plenty of trustworthy and knowledgeable home inspectors working in the province, the profession is open to anyone regardless of their training.
Three years ago, the government of Ontario assembled an expert panel to draft recommendations of the subject, which included licensing, requiring exams and industry standards. Three years later, while the government has said it plans to get to this later in 2016, a Toronto MPP has introduced a private member’s bill to get the ball rolling. The bill is called the Licensed Home Inspectors Act, 2016.
In a recent column, Toronto Real Estate Lawyer Bob Aaron says the process is just taking too long.
“Homebuyers are increasingly reliant on home inspectors,” he said. “In Ontario, anyone with a business card and a flashlight can be a home inspector. There is no requirement for training, competence, insurance or regulation. The current situation ultimately hurts consumer confidence and the home inspection industry as a whole.”
You can read the full column here.