Buying a home is one of the most significant investments you will make in your life, and as such,
the minute you enter a contract it may feel like you’re faced with never-ending costs. These
excessive expenses may lead you to try to cut costs in any way you can; however, when
considering where you may be able to save money, it’s essential to not overlook the
importance of your home inspection.
While this extra $200-$500 service may feel unnecessary, there are many reasons why your
home inspection is one of the most vital components of your new home buying process, and
Home Realty is here to explain why!
A home inspection is a comprehensive evaluation of the condition of the structure you’re
looking to purchase. During the home inspection, the inspector will thoroughly search through
the property for potential issues within the structure, roof, electrical systems, plumbing, HVAC
units, and beyond. This permits you to understand the additional costs that may be associated
with your investment, and the level of repairs you are looking at should you buy this home.
Determine Estimated Costs
As the inspector performs their walk-through—identifying renovation and repair needs
throughout the property—they will be able to curate an estimate of the costs you will be faced
with when it comes time to update the issues within the home. This information can be
beneficial when negotiating the price of the property with the seller as the repair demands can
serve as a bargaining tool to reasonably lower their asking price.
Protect Your Safety
Perhaps the most valuable component of a home inspection is the contribution it makes toward
your safety. A home inspection can help you detect safety hazards, such as radon, mold, and
carbon monoxide. It’s important to have a home-buying contract with conditions that enable
you to withdraw your offer if any of these issues are present.
Additionally, home inspections are particularly protective in cases where you are looking to
purchase a foreclosed property or short sale. These homes may have been boarded up for
extended periods, facilitating the growth of mold that can be a disaster to remedy if not
detected during the home inspection.
Facilitate Your Home Buying Process With Home Realty
When it comes time to buy a home, you need a trusted home inspection professional on your
side, that’s where Home Realty comes in. We have a network of leading home inspectors that
we can refer to our clients to ensure they receive the highest quality service. Contact our
friendly team today to discuss your next home!