Residential Real Estate Inspections
Top 3 Home Inspections Tips
1. Don't skip the home inspection
If you think skipping the home inspection is going to save you money, keep reading. A home inspection can actually save you money.
You'll know exactly what you are buying and if you should expect any major expenses, such as getting a new roof or a roof rebuild within a few years.
You also have the opportunity to walk away from the deal if a serious issue is found, like a cracked foundation or extreme levels of mold.
If you do close on a home with more serious flaws, you can use the findings in the home inspection report to negotiate a lower cost. You avoid the potential of buying a home that has numerous structural flaws.
On top of all that, you'll have the peace of mind knowing that you've made a good investment.
2. Ask Questions
Your home inspector is there to help you make sure you're purchasing a high-quality home that's free of major problems, so ask any question that you have! A good home inspector will be happy to answer any and all of your questions.
Focus on the most critical aspects of the home that could be expensive to repair or replace like the electrical, plumbing, or underlying structure.
Listen to your home inspector and try to avoid focusing on minor cosmetic issues. The inspector is there to give you a professional opinion on what problems raise a red flag.
3. Avoid Buying a Money Pit
You're already taking the first step! Hiring a qualified home inspector is the best way to insure that you are purchasing a quality home. If you really want to be sure, you may want to consider investing in some more specialized services, such as sewer pipe examinations and termite inspections.
One of the major purposes of having a home inspection is to realize whether or not the house you're looking to buy is a good investment. This depends on the condition of it's components and the likelihood of needing to repair or replace them in the near future. It's important to pay extra attention to the components that will be the most expensive to fix.
Types of inspections
Home buyers inspection
Buyers inspections are the most common type of inspection in the United States. The persons purchasing the property hire an inspector to help identify major defects and other problems so they can make an informed decision about the building's condition and the expense of related repairs.
Home sellers inspection
A homeowner who is selling their house hires an inspector to identify problems with their house. The seller can elect to share the report with any potential buyers or to make any necessary repairs so the house is known to be in good condition encouraging a quick sale. One home inspectors' organization offers a program which helps market a house as "Move-In Certified", that is, the house is in a condition where the new owners can promptly move in without making substantial repairs.