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Tuesday, October 15, 2013

Reality Check: Why Home Inspections Matter


Reality Check:  Why Home Inspections Matter
One of the best pieces of advice you can heed when it comes to buying a house is to order a home inspection.  Regardless of whether you’re a first-time homebuyer or an old pro, you might have on rose-colored glasses when it comes to buying a house – your future home.  Luckily a certified home inspector has no emotional attachment to your new place and can impartially and appropriately identify structural, electrical and plumbing inspections.  Plus, this person can offer insight into the safety and value of the house.

During your home search, you’ll probably notice the great front yard, charming breakfast nook and spacious bedrooms.  What you won’t notice, however, are the termites in the basement, nests in the chimney or cracks in the foundation.  That’s why it’s important to speak to your real estate agent, who will be able to recommend inspectors who can reliably and responsibly check the nooks and crannies, walls and roofs.

The inspection will cost you several hundred dollars, depending on where you live, but it’s a small price to pay to ensure your home is worth the investment.  Usually conducted after an offer is accepted, the inspection also provides leverage for negotiating concessions with the seller before the sale is finalized.  Based on the inspector’s detailed reports, you’re able to alert the seller to all issues you’d like fixed or addressed before the sale is closed.  Let me be clear however, this is NOT to be used to negotiate painting or replacing worn carpeting or other cosmetic challenges.  Negotiations are for hidden, undisclosed defects that will be very costly to repair or replace – not a loose door knob.

In other words, a home inspection allows you to know exactly what you’re buying – and if it truly is the perfect place for you.

If my team can help guide you through the buying process, please click here.  If you need a referral to an exceptional agent anywhere in the world, please click here so that I can get you in touch knowledgeable agent in your area of the world.


This article is courtesy, in part, by RE/MAX 

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