Excited to post my first blog-hope you enjoy it!
Don’t Get Burned – Get a Home Inspection to Save Money on Your Next Purchase
Buying a home isn’t like buying a toaster. If you discover something’s wrong with your new home, you can’t return it for a refund or an even exchange. Purchasing a home is an important investment and should be treated as such. Therefore, before finalizing anything, your ideal home needs an inspection to protect you from throwing your hard-earned money into a potential money pit.
What Is A Home Inspection?
A home inspection is a professional examination of a home’s roof, plumbing, heating and cooling system, electrical systems, and foundation. Because the average cost of a home inspection runs around $316, but can help you avoid expensive issues like faulty wiring or a leaky roof, getting one ultimately will help you save money. During your home inspection you should also request the WDI (Wood-destroying Insects) inspections as well-those range from $75-125.
There are two types of home of inspections. There’s a general home inspection and a specialized inspection. If the home is on a septic system, has a swimming pool or sprinkler system paying the additional cost to have these included in the inspection is well worth the money (and peace of mind).
If the inspector recommends a licensed professional assess a particular area, take that advice because you want extra assurance that you’re making a wise investment. The cost of the specialized inspection varies from type to type.
What A Home Inspection Can Find
A home inspection will most likely result in a laundry list of items, and typically, the older the home – the longer the list. Items that don’t meet current code will be listed, typically that isn’t anything to panic about-it just means the code has been updated since the house was built. A good inspector will emphasize items that pose a safety issue or immediate danger.
When you buy a resale home, you will be disappointed of you go into the inspection process expecting a “perfect” house. Even brand new home inspections result in items on an inspection. Your priority should be focusing on the major items/systems:
-HVAC & water heater
How Much Money Can a Home Inspection Save You?
A home inspection helps to find potential expenses beyond the sales price, which puts homebuyers in a powerful position for negotiation. If there are major issues discovered during the home inspection, buyers can request that the sellers either repair them before closing or provide concessions from their proceeds at closing. In lieu of this, buyers could negotiate a drop in the overall sales price of the home!
Work With a Professional Realtor
Are you in the home buying process? Get in touch with me today! I’ll help you find a bona-fide home inspector, and give more useful home inspection tips. I’m here to help you save money, not throw it away!