A house is a large investment as many of you know. It is more than just a shelter or a place to live. It is where a family gathers to celebrate special occasions and where your children grow up. For most people, a house is the cornerstone of their life where lasting memories are made. This is why it is important to make sure the house you are buying is right for you.
When you hear the popular expression, "you can’t judge a book by its cover”, this is so true for buying real estate! A home inspection can help you about a messy real estate deal by up to 99 percent, yet many people forget to do this when looking into buying a home.
This article will cover 8 crucial reasons as to why it’s in your best interest to have a house inspection done before singing the deal to purchase your new home. 1: Provides an out for the home buyer
Going into a home buying purchase is usually a very exciting experience at first with the whole array of emotions and imagining yourself and the family residing there. This excitement might continue for awhile, but eventually there may be a rush of paranoia once reality hits. So before the last minute deal and signatures take place there is a chance the buyer won't want to take those last steps towards their purchase.
There are many 'what if's' when it comes to what might not be ideal when buying a home. What if the foundation is crumbling? What if the electrical is outdated and hazardous? What if the plumbing isn't sound?
Will the buyer be willing and able to fix these things after the purchase is made?
Planning for these numerous 'what if's' can save a lot of money, time, and peace of mind down the road. This small investment of having an inspection done might be the most import part of the whole home buying experience. 2: Relatively inexpensive to get
Along with the small investment which aides a large return, this decision to inspect the home brings a great tool that informs the buyer exactly what is wrong with the home. The home inspection report is extremely detailed and it also includes many photographic evidence so there is no mistaking what the report is stating.
Many times those who decide to opt out of this inspection greatly regret it later due to all the hidden problems that are not noticed by the naked eye. Only a true professional can correctly uncover these possibly problems. This professional is the home inspector and he is overseeing these concerns when a thorough inspection is preformed. 3: Uncover potential safelty issues
Can the average person say without a doubt that their new home is without mold? How about a blocked chimney? Well, it doesn't take a rocket scientist to spot the obvious, but what about the things that are not in sight? That may be the difference between a healthy, care free life or one that is greatly hindered by the effects of such hidden mysteries.
Are you willing to risk yours and your families heath and possibly life just because you don't want to take the time and money to have an inspection preformed on your future home? The home inspection report will dilute those concerns with self assurance and allow for that piece of mind you have been searching for. 4: Reveal illegal additions
When it comes to protecting your families health, protecting their legal well-being can be an important factor to consider as well. Making sure your home is backed up by a proper inspection can save yourself from having to find out that the permits were never properly used or that the house was built illegally in the first place. How would the buyer be able to go forward with insurance coverage?
The average person or even real estate agent might not notice these legal issues with the home, but an inspection would. One can never be 100% sure until that inspection is preformed. 5: Find structual problems
A home inspection can also detect if there is a structural issue with the house. This can be exceptionally important when it comes to the overall health of the building. Anyone can take a walk around the building, even getting down on their hands and knees to try and spot cracks and abrasions, but no one but an actual trained inspector can really see beyond what meets the eye of the overall structure and foundation of the home.
Figuring out exactly what might be wrong with the structure of a building can definitely save and protect the rest of the home's well-being. Failure to find and act upon these issues may result in a much more devastating and expensive problem in the future.
Even if it was never the original house's bones it may have been the fault of poor workmanship when something wasn't installed properly or the wrong materials could have been used. 6: Great to budget maintenance costs
Another helpful reason to consider a home inspection would allow for the buyer to protect himself from potential high cost projects that one wouldn't want to get into in the first place. An experienced home inspector would be able to identify these costly improvements and be able to give the buyer a close estimate for how much the fix will actually cost. This will prepare the buyer ahead of time and allow the buyer to evaluate his or her own financial situation and anticipate what might have to be done.
This might actually allow for a negotiation between the buyer and seller of the home. Sometimes the seller will adjust the price of the home to cover what the repair costs may be. This report will fairly assess such costs and allow both parties to reasonably adjust what needs be. 7: Very handy to have during price negotiations
Having this detailed home inspection report will aid a buyer with resources and knowledge about the needed assessment to the home. Sometimes there are conversations that take place back and forth between the buyer and seller about what might be an issue with the home. Many times the seller will look at the said damage lightly and think there isn't actually much that needs to be done. The buyer will then be able to reply with facts about what actually needs to be done.
This report will help both the buyer and seller fully understand what is going on and from there forward both parties will be able to fairly judge the situation. 8: Peace of mind
There comes a sense of peace and fulfillment when buying a house, but often times leading up to that purchase there may be a lot of stress that follows. Why add on the extra stress of going into a purchase without actually knowing about possible bad scenarios that could potentially arise? Nothing beats the peace of mind and being in control of a situation before having to full immerse oneself with what can come.
Taking those extra steps may seem small at first, but what could be at the other end of the inspection report may make someone very delighted that he or she took those extra steps. Knowing the true condition of the house will hopefully help the buyer know if they want to take those next steps to make it their home.
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