Home Buying Inspection What You Need to Know

Posted on August 11, 2017 in

Buying a house is always an exciting time!  The house you saw is exactly what you have been looking for and the price is just right!  The house may look “perfect” when you saw it, but our excited emotions may get in the way of seeing imperfections that could turn out to be quite costly.  Although home inspections are optional, having an outside person inspect your potential new home, can save you hundreds to thousands of dollars.

You THINK you know what you are looking for when looking at purchasing a home, but there are many reasons to hire a home inspector:

 

  • Get an unbiased opinion – The home inspector has no financial gain whether you buy the house or not.  Their only job is to inspect the home and to inform you of any imperfections that most people would not even know to check.
  • Use as negotiation toolWith the information that the inspector provides to you about the house, you can go back to the seller and renegotiate money and/or any repair terms before you sign the contract.  If the seller is unwilling to meet your terms, you can walk away from buying the house.
  • Know what you are getting intoOnce you sign that contract to purchase a home, there is no turning back.  With a home inspection, you at least know where the shortfalls for the house are and not walking blindly into a house that needs more TLC than you realized.

So what do home inspectors actually check for?  The list is quite extensive, but here is a small, basic list:

  • The foundation – they will check to see if there are any cracks, if the house is “settling” properly, or if there is any type of structural damage that needs attention.
  • The roof – they will check to see about any needed repairs for the roof, if there has been any type of water damage from previous leaks, and if the roof has any imperfections that could lead to water leaks in the future.
  • Electrical – they will check to make sure the electrical is up to date as well.  They will make sure that everything is connected properly with no issues that could potentially cause a short and/or fire.
  • Heating & Air – they will check to make sure that the heat and air conditioning unit in the house are up to standards and up to date.  They will inform you if any maintenance or repairs is needed.  

There are so many things to check for before purchasing a house.  When you are in an excitable state, it is easy to not see any issues with the home because your eyes are not trained to see them.  Having a home inspection prior to purchasing a home is the smartest route to take.  It is a lot better to spend a few hundred dollars on a home inspection, rather than wasting a few hundred THOUSAND dollars on a home that may need more out of pocket repairs that you are unprepared for.  Know what you are walking into so that you have peace of mind.

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