Five Reasons to Get a Home Inspection

Monday, August 1, 2016

 

get-a-home-inspectionLooking for a new home can be stressful. It’s a large purchase, if not the biggest purchase you will ever make, and you want to be sure you choose wisely. A home inspection can help you in your decision.

In fact, an inspection is strongly recommended before you commit to buying a home. Here are the top five reasons why it’s a smart thing to do:

A home inspection will tell you the condition of the home

A certified home inspector is trained to look for specific things that may not be obvious to your eyes, such as cracks in the foundation or the fact that the home may need a new roof in a couple of years. You will want to know if major repairs will be required to prevent expensive surprises down the road.

Home inspections can help you get home insurance

Insurance for your home is a necessity, and your insurance company will need to have information on your property in order to provide you with coverage. A home inspection can help you gather the information your insurer needs. It may even help you get a discount on your premiums.

Home Inspections can get you a better purchase price

A home inspection may turn up issues about the home that may help you negotiate a better price.

A home inspection can keep you from buying a bad house

A thorough home inspection can keep you from buying a house with too many issues or problems. Just like there are lemons in cars, there are lemons in houses. Unless you’re looking for a fixer-upper, a home inspection can help you avoid buying a home that will take every last minute of your spare time to fix, and drain your bank account in the process.

Home inspections are done by objective third parties

A home inspector should be an independent third party hired by you, the prospective buyer. Don’t ask your agent for a recommendation. It’s best that you hire your own inspector to be assured of an objective inspection.

The inspector works for a fee, and is paid whether you buy the house or not. The inspector’s job is simply to perform a thorough inspection and report any issues with the property.

Good for sellers too

Home inspections aren’t just for homebuyers. They can work to your advantage when you’re selling too.

If you are putting your house on the market, getting a home inspection before listing gives you a leg up. You will learn of any issues before buyers do. Fixing any problems in advance helps to increase the value of your home, decrease its time on the market and avoid deep negotiations with potential buyers.

Whether buying or selling, home inspections are well worth the money to ensure a property is well constructed and appropriately priced, and to make what can be a complex process much smoother for everyone.

Author’s note: This article was published on January 18, 2012 and has been updated for accuracy.

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