When gearing up to buy a home, there are likely a million things on your mind, and hiring a home inspector may not be one of them. However, hiring a home inspector is a critical component of a successful home purchase, and not doing so could have major repercussions. Why?
A home inspector is a paid professional – often a contractor or an engineer – who checks the safety of a home. Home inspectors search for defects or other problems, focusing particularly on the home’s structure, construction, and mechanical systems.
A home inspection typically takes place after a purchase contract between the buyer and seller has been signed. Always include an inspection clause in your written offer. This clause gives you an “out” from buying if serious problems are detected. It also gives you another chance to negotiate the purchase price if repairs are needed. The clause can even specify that the sellers fix any problem that is uncovered before you settle, or close, on the home.
Buying a home without getting expert advice is risky. Once a home inspector uncovers major plumbing and electrical problems, for example, you may decide you do not want to spend several thousand dollars on repairs.
In addition to major structural issues, consider hiring experts to inspect the home for a number of health-related risks like radon gas, asbestos, or possible problems with the water or waste disposal system.
Hiring a home inspector can save you from accidentally purchasing a money pit. Never purchase a home without first having it examined.
As a Member of the Top 5 in Real Estate Network®, I have a wealth of real estate and homeownership information that may be of help to you. Feel free to contact me any time to learn more about this important information, and be sure to forward this article on to any friends or family that may be interested as well.
Christina Tompkins Wright
Berkshire Hathaway HomeServices Hometown, REALTORS