With how intense the real estate market has been recently; many buyers are choosing to waive their right to an inspection of the property when putting in an offer. Because a home is one of the biggest investments you will make and there can be numerous hidden issues, however, opting out of a home inspection is not a good idea. Here are the key benefits an inspection offers buyers.
Searching For Safety Hazards
One of the most important things home inspectors do is search for and identify safety hazards that may be present in a home. This can be anything from improper electrical wiring to a mold problem and serious foundational issues. Safety hazards pose a threat to your personal health and well-being, so it is urgent that they are identified and remedied as quickly as possible.
Finding Hidden Problems
Not every problem with a house is readily apparent and might only be caught by the eye of a trained professional during a thorough investigation. To give an example, a roof may seem to be newer and in good condition, but there might be issues like poorly installed flashing or repairs that were not done correctly. Minor defects can turn into major issues that will cost you a lot of money in the future.
Providing A Comprehensive Picture of The Home
Perhaps one or two problems with the home, even large ones, are acceptable to you. However, a significant number of even smaller issues may be a different story. For example, you might be equipped to handle replacing a failing HVAC system while not being prepared to handle that, a shoddy roof, and an interior in disrepair. Buyers need to know what their threshold is and be informed so they can stay away from properties they are not prepared to manage.
Helping You Lower the Sale Price
Although it may not be true in every market or for every house, a home inspection often does give you leverage against the seller when it comes to final negotiations. It serves as objective professional proof that a home has a particular set of problems that you can then ask the seller to fix or compensate you for repairs. If the seller refuses, you at least will have the information you need to decide whether to continue with the purchase or walk away.
At the end of the day, you really need a professional home inspection to ensure the property you are in the process of purchasing is in good shape. With a professional evaluation provided by a qualified inspector like Strouse Home Inspections, you can proceed with the sale with greater peace of mind.
By Strouse Home Inspections 4-8-2022