Buying a new home is an exciting time. To ensure that it continues to be a positive experience even after the big closing date, make sure the property you are purchasing meets your expectations. Whether you are a first time or experienced buyer, here are several reasons to get a home inspection before buying a home.
Unless you are a building contractor, you might not have the in-depth experience to spot potential issues with a home. To protect your rights, consider hiring a licensed home inspector. They have the knowledge, training and experience to evaluate the condition of your home and provide you with a comprehensive report on its condition. This will allow you to understand your future responsibilities and make informed decisions about your home purchase.
Easier to negotiate with sellers
Inspections should not be used for the sole purpose of re-negotiating price, but you often negotiate concessions for any major issues that were previously unknown or undisclosed. A home inspection provides you with documentation that can be used in that negotiation. Having the written opinion of a third-party professional legitimizes your requests.
Peace of mind
A home is likely going to be the largest single purchase you make in your lifetime. That decision can be scary and overwhelming, but knowing you are getting a quality home can relieve some of that stress. The price of an inspection is minor given the price of your overall investment, thus it’s a small price to pay for some added peace of mind.
Purchasing a home without getting an inspection can be a gamble. Although inspectors can’t see into walls or guarantee that you won’t encounter any problems, they can certainly tell you a lot more about a home than you might already know. That information allows you to potentially negotiate concessions from sellers and to properly plan for your own future home maintenance expenses.
Working with an experienced real estate agent will help you navigate this and other critical steps of the home buying process.