- October 18, 2019
- Posted by: admin
- Category: Investment, Real Estate
It is very easy to get carried away with the excitement of buying a new home that one ends up forgetting to make the important decision to have a home inspection before finally making the purchase. Home inspection is a very important part of the home-buying process that can save you a lot of time and money in the long run.
Whether you have purchased ten different homes in the past or you are about to purchase your first home, a home inspection in almost every case is highly recommended. Here are Five (5) reasons to have a home inspection before you buy;
It Reveals Critical Information
A good home inspection reveals information about the condition of a home. Thereby making the buyer aware of the repairs, maintenance and costs the home would require immediately, and over time. If a buyer isn’t comfortable with the findings of the home inspection, a home inspection presents one last opportunity to back out of the offer to buy. It is better to be safe than sorry.
Bypassing a home inspection is a financial gamble that could lead to serious consequences. For example; A faulty electrical system that is ignored could easily turn into a fire hazard.
The home inspection is a very good opportunity to thoroughly investigate the home you’re potentially going to be purchasing even if it is a newly built one. Most common home inspection problems include; improper electrical wiring, worn roofing and plumbing deficiencies etc.
A quality home inspection gives you fully detailed information about any underlying issues with your proposed home. With this, you can comfortably negotiate with the seller to either fix the issues or adjust the price accordingly.
Proper Budget Control
Knowing the problems that the house has, before buying, will give you a good idea of any costs you may have to deal with in the future hence helping you make important budgeting decisions and forecast future expenses. A good home inspection can help buyers identify how much more money or effort they are to spend to take the home to a condition that is personally acceptable. If you feel like the answer is going to make you overreach your budget bracket, your house hunt may have to continue.
Uncover Maintenance and Structural issues
One of the top reasons to hire a home inspector when buying a home is to determine if there are any structural issues with the home as the structure of a home is one of the most important components of a home. With the wealth of knowledge, an experienced home inspector has, it would be very easy for him to offer you tips, advice on repairs as well as maintenance. Your Home inspector has years of experience and a wealth of knowledge.
Most structural issues can be very expensive to fix, with the expertise of a home inspector, it can be very easy to overlook the problem that will end up costing you more than you planned. Also, Pests such as termites and rats can cause terrible damage to a home. These pests may have cost damages worth a lot of money. You can never be too sure that your prospective house is subject to some such damages. Use this resource to its fullest by asking as many questions as you can.
It is imperative that you fully understand as many details as you can about the property you may soon call your home as buying a home without inspection can pose a problem in the nearest future. Home inspections reveal the inner workings of your intended property, allowing you to know about the perks and pitfalls the home has to offer.
Home inspections are very important, Please make sure you don’t avoid/neglect it.