27 Dec The Importance of a Home Inspection
Are you thinking about skipping out on your home inspection? Make sure you don’t or you’re going to regret not finding out about things like termite problems, plumbing issues, or a roof repair that’s needed. Home inspections are there to protect you from buying something that is not in good condition to be sold.
It may look beautiful and have everything you need, but you don’t want to find out after closing that there’s a leak or an issue with the foundation. Take a closer look at why home inspections are so important and why they are worth every bit of extra time and money that may be involved.
What is the purpose of the home inspection?
The home inspection itself is there to uncover anything that could be wrong with a home that isn’t necessarily obvious to the naked eye. With a huge investment as-is buying a home, it only makes sense to put in the time to have it thoroughly inspected before agreeing to purchase it. When there are unforeseen problems with something you want to invest in, you can save yourself from the financial burden and frustration that comes with buying a home with a problem that shows itself later.
Your home inspection will not only show you where you could have financial repairs in the future, but it protects your family from potential safety threats that come with things like undetected mold or a foundation issue. Just like having your body examined by the doctor for illness, your home needs an exam of its condition as well. It’s an inexpensive way to make sure you are buying something in good shape rather than something with a cancerous issue that may need a major repair down the road.
What you may find in an older home
What are some of the things uncovered in a home inspection? For starters, your home inspector would look for things like roofing issues, electrical and plumbing, the HVAC, and the overall structure of the property. An inspector may uncover that the air conditioner is not working properly, the ceiling has sign of a leak, or floor has signed of a foundation issue.
Who can do the inspection?
Since most of the time the home inspection is required as a contingency of the sale, it’s often provided for you. Your real estate agent or mortgage lender can set you up with a reputable home inspector since it’s often required before closing on your home. The price for an inspection usually averages at $300 and a buyer has the right to request this be done if a seller hasn’t had one done already.
Types of inspection options
There are quite a few home inspection options. You can get a general or residential inspection done that would cover everything mentioned above such as the roof, plumbing, and HVAC. You can also have additional inspections done such as a termite inspection to check for any wood destroying organisms.
A radon inspection can be done to test for radioactive gaseous elements, sometimes occurring in areas that are over granite. You can also do inspections for things like well water testing and septic tank testing.
Be sure to attend the home inspection to learn more about a home and don’t pass up on the inspection. It’s likely required by a lender or as a contingency of the sale, so allow it to be the home’s health exam like you would have for your own family’s health.