Buying a house is exciting. It’s one of the most important investments you’ll ever make. Be sure to protect that investment by finding out if the house has any costly defects or safety issues. This is why as a buyer, you should order a home inspection.
Why Home Buyers Need an Inspection
After a home is under contract, the buyer often orders a home inspection. If any defects or safety issues are found, the buyer has the right to negotiate for repairs, replacement, or other compensation. Issues or defects with the home can affect the sales price of the property. It’s common for buyers and sellers to agree on a monetary credit at closing as a kind of allowance for home repairs. Sometimes there is even a reduction in the sales price.
You don’t want to move into a home and immediately be responsible for thousands of dollars in repairs that you weren’t aware of. This is the main reason home buyers need a home inspection.
What is Included When You Order a Home Inspection
A professional home inspector will do a complete assessment of all areas of the house. He or she will inspect the roof, chimney, and guttering. The inspector will take a look at the exterior of the home, including the siding, grading, foundation, decks, windows, and patios. Your home inspector will look at the age and equipment of your HVAC unit, electrical system, and plumbing components. He or she will examine appliances, walls, and flooring, The inspector will even check out crawl spaces, the basement, and attic areas.
After the inspection, you’ll receive an inspection report containing photos and information about issues, defects, and safety concerns that were discovered.
An Inspection is Important for Both New and Existing Properties
There is no doubt that homebuyers need an inspection of a previously lived-in home. It’s also good to have a home inspection on a newly built home. Even though the house is brand new and has had a code inspection from the city, it may still have defects.
When you’re investing in something as costly as a home, you want to make sure you’re spending your money wisely. A home inspector helps you understand the condition of the property. The inspection will allow you to make smart decisions about your purchase and, should you buy the home, the information in the report will help you plan for upgrades in the future.