How important is a home inspection?

Most people understand the value and importance of hiring a professional home inspector to carry out an inspection on the home they are looking to buy. Statistics show that between 70% - 90% of all homes that were sold in previous years all had a professional home inspection service carried out on them before the buyer actually agreed to purchase the property.

The other percentage must have thought the service didn’t hold any value or they thought they could do the job of a trained inspector on his or her own! Wonder if the other percent are regretting that decision now in their purchased home.

Could have done with a home inspection

In any case, it’s the better decision to elect setting up a home inspection and asking a trained expert, with years of inspection experience, to look over that new home purchase is not a bad idea! Having a fully-detailed report highlighting the inspector’s findings helps buyers account for any extra costs in repairs before the sales final. This gives buyers the ability to make an informed decision regarding the home.

Regardless if the home is just built, it is still a very good idea to get it inspected, as there are always faults of some sort that need attention. When desiring to hire a home inspection company make sure that to research and check out plenty of companies. Look for a company who is both courteous and provides highly trained inspectors, is a great place to begin.

In some cases, the property may need to be checked for Radon, mold, and termite infestation or damage. Most professional companies can offer these speciality services as cost, but is it possible to place a price tag on safety and wellbeing of family? A home inspection is a great way to make sure that the financial decision you are looking to make is the right one and a safe one.

 

Why do I need a home inspection?

Did you know that a professional home inspection would give you the information that you need to make an informed decision regarding the purchase of a new home? On the other hand, if you are looking to sell your home getting a home inspection helps determine the proper and correct value of the home, so you can place it on the market. All-in-all, a home inspection is a “win-win” and it’s best not to overlook or underestimate it in any case and at any cost!

Famous Inspector

What is a home inspection?

A home inspection consists of a qualified trained home inspector reviewing the potential property purchase in fine detail. This evaluation involves an onsite inspection of the home you want to buy. In addition to a number of tests that are preformed to test the quality of the structure’s components & major systems giving the buyer a clear picture of the house in question.

The answer to this is you don’t! You are not required to by law to have a home inspection service carried out. Just as you cross the road you don’t need to look left or right, but you do and why? You look left and right to make sure that nothing is going to hit and hurt you. You ensure that nothing is coming your way. That’s just the same idea that needs applied to having a home inspection done, you need to know if there are any potential hazards that could be coming your way if you are buying that home.

It’s an important decision whether or not to hire a home inspector, in fact it’s a decision that you cannot afford to ignore. It might cost extra to have one, but it could be saving you thousands of dollars, years down the line.

2 Major Issues that cause House Sales to Fall Through

Deal or no deal

Looking for your dream home can take some time so it’s important you choose the right home instead of living the rest of your days in a house of horrors! It’s important that once you have found that dream home you don’t sign anything until you have a home inspection report.

The process of buying a home is a simple process, and should run fairly smooth however, on occasion there are instances where issues found out can be deal breakers. That’s why it’s essential to have an inspection carried out so any potential issues or problems can be dealt with right at the start.

Let’s take a look and find out what some of the more common deal breakers are:

Top of the list of most common is mold

Mold is unsightly and often looks worse than it actually is, nevertheless mold is one of the highest reasons that house sales fall through. Simple ventilation problems in the bathroom or ac system cause the mold to grow, but these issues are simple to treat and fix.  Dodgy plumbing jobs behind walls also lead to mold issues, the good thing about mold is you can see and smell it. Make sure if you are doing the walkthrough that any damp spots are highlighted and investigated.

Foundation Cracks

If the home you are looking at buying has cracks up and down the walls inside the home and on the outer structure then get out and don’t buy! These could be related to foundation issues and could mean the house is sinking due to unfit soil and poor drainage standards.

These are just a few problems that can cause a deal to go sour, in any case, the home that you are looking to buy should be thoroughly checked out by a qualified home inspector.

Overall, know what you are getting yourself into before buying a home that can be done with a home review.

Help in finding the right home inspector

Need help looking for the right home inspector

One of the benefits of a home inspection is that it can prevent many of the headaches that come with either buying or selling a property.

If it’s the case that you are looking to buy a home then a home inspection service is essential and is an excellent way to find hidden issues and problems that would have remained unnoticed and could become major concerns in the near future if untreated and left their current condition.

As the seller a home inspection services is a great way for you to have the home correctly checked over letting you get any problems or issues resolved before putting your property on the market. It also means that there will be wrangling over the price of the home with the buyer as you would have to foot the repair costs yourself, unless the seller contract is AS-IS condition.

It’s good practice, in any case, to always do your best and learn all about the benefits of a home inspection. You need to know what this service involves and what costs are expected to have the inspection carried out.

Usually a typical home inspection will include and cover the structure and cosmetic features of the home, all mechanical systems will also be checked for safety and functionality. There are also many other aspects and these include:

  • Interior of the home and its condition
  • Exterior of the home and its condition
  • Heating and AC systems
  • Plumbing system
  • Electrical system
  • Foundation assessed
  • Roof condition evaluated
  • Crawl spaces explored
  • Baths and Toilets
  • All built-in kitchen appliances checked.

All in all, a home inspection will cover a wide and varied number of aspects and components; depending on the size and age of the house being inspected. A home inspection can take anything from 2-4 hours to complete. The price of a home inspection also varies and this is determined by size, age and type of structure.

Are you in Need of a Home Inspection?

Do you need a home inspection

When you start looking to buy a home, one of the most important things to do before the purchase is complete have it checked over by a professional experienced home inspector.

For those going through the process of buying it is crucial that they fully understand it is an expensive undertaking, Thoughts like, “Why do I need to pay out another $400 or more, if I don’t really need to,” are legitimate thoughts, and a reason that could deter buyers from hiring a home inspection service.

Don’t give into thought and doubts such as these because, as the homebuyer, you need the assurance that the property being purchased is strong, safe, and sound. In essence, a home inspection doesn’t “cost” per say, it pays in the end to know if the structure’s foundation is weak or any other issues that could contribute to high repair costs in the future.

A home inspection can offer a Contingency

Some people might not know that a home inspection can be used as a contingency plan in your purchase offer; this shows just how important and how beneficial this service can be! This means that if there are serious or major defects with the property in question, you can walk away and/or back out of your offer free of any penalty. It’s important to note that its only very serious issues or defects that will allow you as the buyer to walk away from any contract of significance, (be sure to go over the contract in detail with your realtor before making an offer).

The bare truth about a home inspection

The bottom line is this; yes a home inspection will cost you some of your well-earned cash and your already limited time. A home inspection protects you in the end can save you thousands of dollars in repairs, which could have been eliminated at the start by the current owner—not you. If you are a homebuyer don’t skip this service, know for sure that your property purchase is worth the amount that you are paying.

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