What is a Home Inspection &
Do I Need One?
Before you buy a home, one of the things you should do is to have it checked out by a professional home inspector. I can hear your objection: Buying a home is expensive enough as it is! Why would I choose to spend more money if I’m not required to? Home inspections are used to provide an opportunity for a buyer to identify any major issues with a home prior to closing if significant defects are revealed. If there is no resolution you can back out of your purchase offer free of penalty within a certain time frame.
There are other great reasons to include: Safety, a home inspection can detect safety issues like radon, electrical, and furnace problems.
Unpermitted additions: If a house has additions or changes that are un-permitted, it affects the insurance, taxes, usability and most of all the overall value
Forecast Future Costs: A home inspector can approximate the installation age of major systems like plumbing, heating and cooling, and critical equipment like water heaters. Understanding when they require replacement can help you make important budgeting decisions
There are many other reasons to get an inspection. People use the home inspection to understand the nuances of the home. People can fall in love with a home based on the color of the walls or something else. They can be completely blind to the issues that can make that dream home a nightmare. The bottom line is, it is your responsibility to understand as many details as you can about the property you may soon call home. Home inspections allow you to be informed of all the perks and pitfalls the home has to offer.
If you have any questions about buying, selling or investing in real estate please contact me. I am your hometown Realtor living and working in the Tri-town area. Jim Sutton, Keller Williams Preferred Realty 720-351-0670.