Residential Home Inspection
Why get a Home Inspection?
When a person is preparing to purchase a home, regardless of whether it is their first time or they have been through it before it is absolutely essential to have a thorough home inspection conducted. Making sure this is done and explained to you in an understandable manner is crucial so that you don’t run into hassles and regrets down the line with what may be the most important investment you make in your lifetime.
What happens when a home inspection is carried out is that the inspector you have chosen will provide you with a detailed comprehensive report on the property you are considering buying. This will usually entail a written summary, pictures, any environmental concerns and reports and their overall view and opinion of the home.
While it is true that the purpose of a home inspection is to give a buyer some piece of mind and assist them in deciding if the home is a worthwhile investment or not, it can also assist the seller in many ways. For example, if there are problems found during the home inspection this gives the seller time to correct them and still retain a good chance at getting the price they are asking for.
From the buyer’s perspective, if there are problems but they still want to go ahead with the purchase of the property they can get a hold of contractors and repair people and get quotes for the work that will be done. They can then use this as a bargaining chip to persuade the seller to accept a lower price. This is in the event that the seller does not offer to take care of the problem(s) themselves.
If you think buyer’s remorse is bad when buying a vehicle, with a home it is FAR worse.
Perhaps the number one benefit the home inspection provides for the purchaser is that it can help to eliminate the occurrence of buyer’s remorse down the line. If you think buyer’s remorse is bad when buying a vehicle, with a home it is far worse. A good capable home inspector will check every single bit of the property, up to but not limited to safety, structure and construction issues.
They will also look at the roof, everything electrical related, the water supply and lines as well as the heating, ventilation and air conditioning systems and anything else that may be considered a major part of the property. As mentioned above, the seller also can benefit from a home inspection and in fact should probably have one done before they even put the home on the market so they can identify and correct any problems beforehand.
And one last very important bit of advice, especially if you are the buyer. Never rely on the seller or even the realtor or real estate agent to select the home inspector. This is something you should always take care of on your own to make sure you are getting an impartial home inspection.
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