There are many reasons why a home inspection is essential to the home buying process. Look through the main points below and try to keep them in mind, while you journey through the whole process.
You are not an expert, but a home inspector is…
Many people know little -to-zero about correctly evaluating a property and its current and/or potential future condition. However, there are qualified home inspectors who make it their business to understand correct safety and state regulations when it comes to properly conditioned homes. It’s always a good idea to get a home inspector to use their knowledge and expertise to have a look over your potential property.
Among the madness, you need peace of mind…
With so many points needing your attention, including the finer details of things, you need to know that the decision you are about to make is the correct one. Buying a home is a massive step financially, you are investing in your future and your family’s future, so be sure that the decision you are making is a sound one financially. The one thing that it can give you is peace of mind by having the advantage of a completed home inspection report at your disposal.
You need a ‘get out’ contract clause….
Having a completed home inspection report will give you the muscle to confront the seller and share the findings. The seller has a few options at this point, they can drop the asking price to allow you the funds to have any repairs carried out, or they may want to repair it themselves. (Note: If the seller fixes all the repairs, it can affect the original asking price and increase the original offer). In some cases, if the contract allows it, and if the repairs are too extensive, it allows you to walk away and search for another home.
A home inspection is a wise choice and should never be ignored or neglected.