Eleanor Osborn's Blog
If you plan to buy a house and want to achieve the optimal results, you should perform a home inspection. In fact, there are many reasons why you should allocate significant time and resources to conduct an in-depth house inspection, and these include:
1. You can gain unprecedented insights into a home's condition.
Although you might have fallen in love with a house when you first saw it, a home inspection may make you rethink your decision to purchase a residence. To better understand why this may be the case, let's consider an example.
If you conduct a home inspection and discover a wide range of problems with a house, you have a tough choice to make. In this scenario, you can continue with a home purchase as planned. Or, you may be able to make a viable argument that a seller should perform assorted house repairs or reduce his or her sale price based on the inspection results.
Ultimately, a home inspection provides you with insights that you may struggle to gain anywhere else. And if you perform an extensive home inspection, you may reap the benefits of this evaluation for years to come.
2. You can avoid the risk of paying too much to acquire your ideal residence.
As a homebuyer, it is important to do everything possible to get the best price on a house. But even if you conduct real estate market research, you risk spending too much on a house if you ignore a home inspection.
With a house inspection, you can learn about various home problems, along with the costs associated with such issues. Then, you can use this information to determine whether your initial offer is sufficient, or whether you should request a reduced home price based on a residence's condition.
3. You can limit the possibility of costly home repairs.
Thanks to a home inspection, you can identify home issues that otherwise may lead to costly repairs down the line. You then can use this information to decide whether you can complete myriad home repairs on your own, or whether professional support is needed to perform house improvements. And if you are overwhelmed by the costs associated with many potential home repairs, you can always walk away from a home sale at this time.
Clearly, there are many reasons to perform a home inspection before you finalize a house purchase. If you hire an expert real estate agent, you can receive plenty of support as you prepare for a home inspection too.
A real estate agent is happy to put you in touch with the top home inspectors in your area. Plus, a real estate agent will attend a home inspection with you and is ready to provide guidance throughout the evaluation. Perhaps best of all, a real estate agent can meet with you after a house inspection, go over the inspection results with you and help you make an informed decision about whether to proceed with a home purchase.
If you intend to buy a house, you may want to employ a home inspector. In fact, there are many reasons why a buyer may hire a house inspector, such as:
1. You want to identify any underlying home problems.
Although you may have walked through a house a few times before you submitted an offer to purchase, a house inspection allows you to receive comprehensive insights into a residence. Once you have a home inspection report in hand, you can assess any underlying house problems and plan accordingly.
A home inspection is conducted by a property expert who will analyze all areas of a house. Plus, you can attend an inspection and walk through a house with an inspector to obtain firsthand insights into a residence's condition. As a result, you can use an inspection to identify any underlying house problems before you finalize a home purchase.
2. You want to determine if you should follow through with your original offer to purchase.
A home inspection may reveal both minor and major issues with a house. Meanwhile, as a buyer, you will need to determine if you want to continue with your home purchase after an inspection. On the other hand, you may want to modify your initial offer to purchase or rescind your homebuying proposal following an inspection.
Ultimately, a home inspection provides insights into a home that you otherwise may have struggled to obtain on your own. You also can ask a home inspector to address any concerns or questions about a house following an inspection. And when you have a home inspection report in hand, you can review the results of this report to determine if a house is right for you.
3. You want to make the best-possible homebuying decision.
A home purchase likely is one of the biggest transactions you will complete in your lifetime. Thus, there is no need to cut corners as you try to accelerate the homebuying journey. Because if you forgo a home inspection, you could suffer the consequences of this decision in the near future.
When it comes to purchasing a home, it helps to gain as much information about a residence as you can. Thanks to a home inspection, you can use a wide array of information to analyze a house. With this information at your disposal, you can make the best-possible homebuying decision based on your individual needs.
As you navigate the homebuying journey, you may want to employ a real estate agent, too. In addition to helping you find your dream residence, a real estate agent will guide you through the home inspection process. He or she first will help you find a qualified inspector to analyze a house you want to buy. Furthermore, a real estate agent will attend a home inspection with you and help you assess the results of a house inspection report.
Ready to complete a successful home purchase? Conduct an inspection prior to completing a home purchase, and you can obtain the insights you need to make an informed homebuying decision.
When buying a home, there are so many things to check out before the big signing day. Inspecting a home should be at the top of the list. Home inspections identify problems that may not be obvious to the naked eye. Here are some important things to consider when having your new home inspected.
There are different home inspection processes to choose from and the age of your home will help to determine which one to get.
Start by first finding a professional and certified home inspector. Check out your online resources such as Angie’s List and the home adviser website to find one close to you. Realtors also have recommendations of inspectors so make sure to ask them to help you locate one.
Once you have found your certified home inspector, they would be able to identify with you what type of inspection your home would need. Most homes need a general or residential inspection. General inspections include the structure, exterior, roof, electrical, plumbing, HVAC, interior, insulation, and ventilation. After completing the inspection, the final report helps the buyers decide on any needed repairs before purchasing. To get the most information out of the inspection, make sure to ask questions about the findings. Having these answers on hand will enable you to negotiate with the sellers about including those needed repairs. Besides, it is essential to know the structural condition of your home.
Another home inspection to consider is the termite/wood destroying organism inspection. This type of inspection would account for structural damage caused by wood boring insects. For older homes, these insects may cause problems in the future. Generally, this type of inspection comes at an additional cost.
If you are buying a home that is older than 30 years or more, consider doing a lead-based paint inspection. This type of inspection came about after the federal government banned the use of lead-based paint. If you that lead-based paint may have been used in your home, hire a certified lead abatement contractor to inspect your home.
Another type of inspection to consider is gas and chemicals. A mitigation contractor can test for methane gas or radon and identify ways to remove it. There are additional charges for this type of inspection. Overall, getting a home inspection is an integral part of becoming a homeowner. Make sure to use the resources provided to you and your realtor for any questions or concerns.
When buying a house, especially your first home, it's all too easy to make impulsive decisions and fail to "see the forest for the trees."
Although it's impossible to ignore your emotional reactions to a house for sale, it's vital to look at the big picture and make sure there are no red flags being ignored or glossed over.
For example, if the foundation of the house looks unstable or the surrounding neighborhood is showing signs of deterioration, it's ultimately not going to matter how much you love the layout of the kitchen or the convenience of a first floor laundry room. Major problems can overshadow the desirable features of a home and have long-term implications on your finances (and sanity).
Even though the future marketability of a house may be the last thing on your mind when you're searching for your next home, it's a factor worth giving some serious thought to. When that aspect of home ownership is overlooked, it could result in headaches and possible financial loss down the road. While real estate generally has a tendency to appreciate in value over time, there are exceptions.
The good news is that many potential problems can be prevented by combining common sense with the advice of qualified professionals, such as an experienced, certified property inspector. If you're wondering what's covered in a typical home inspection, the American Society of Home Inspectors offers this overview: "The standard home inspector’s report will cover the condition of the home’s heating system; central air conditioning system (temperature permitting); interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement and structural components."
So while inspectors can't look behind every wall or accurately predict the remaining lifespan of an existing HVAC system, they can provide you with a lot of valuable tips, recommendations, and insights into the condition of a house for sale. Working with a top-notch real estate (buyer's) agent will also help you avoid many of the potential pitfalls of buying a home.
While nobody wants to move into a "money pit," the likelihood of finding a home that's absolutely perfect and doesn't need any repairs, updates, or improvements is extremely low. Home buyers who are too focused on perfection may eventually realize that their standards are unattainable. A successful search for a new home hinges on the ability to distinguish between a minor cosmetic problem, such as an unappealing paint color, and a major problem, like a basement that floods regularly or a roof that's been compromised by storms, falling branches, or long-term neglect.
Although home buyers have differing expectations when it comes to repairs, remodeling, decorating, and renovations, one thing's for sure: Everyone wants to add their own personal touches to a new home and make it feel and look like their own!
If a seller accepts your offer to purchase his or her residence, it now may be time to schedule a house inspection. And if you have an expert home inspector at your side, you can get the information you need to determine whether to proceed with a house purchase.
Ultimately, there are several factors to consider as you evaluate a home inspector, and these include:
1. Industry Experience
It generally is a good idea to hire a home inspector who boasts plenty of industry experience. That way, you can work with an inspector who knows what it takes to analyze a house. And as a result, you may be better equipped than ever before to identify underlying house problems before you finalize a home purchase.
Ask a home inspector about his or her industry experience – you will be happy you did. If you dedicate time and resources to learn about a home inspector's industry experience, you can determine if this individual can help you assess all areas of a house.
2. Client Referrals
A home inspector should have no trouble providing client referrals upon request. With client referrals in hand, you can reach out to a home inspector's past clients and learn about their experiences working with this professional.
As you search for the right home inspector, you may want to contact several inspectors in your area as well. If you reach out to multiple inspectors and receive client referrals from them, you can boost the likelihood of making an informed hiring decision.
3. Your Homebuying Timeline
There is no guarantee that a home inspector will be available at your convenience. If you need to conduct a home inspection as soon as possible, you should search diligently for an inspector who can fulfill your request.
For those who want to quickly find a top-notch home inspector, there is no need to take shortcuts, either. Remember, a home purchase likely is one of the biggest transactions you will complete in your lifetime. If you fail to hire a highly trained inspector to evaluate a residence, you may struggle to identify potential home problems.
If you need extra help as you search for a house inspector, you may want to collaborate with a real estate agent, too. This housing market professional will guide you along the homebuying journey and ensure you can avoid costly, time-intensive mistakes.
A real estate agent can help you get in touch with the top-rated home inspectors in your area. Plus, he or she will provide plenty of guidance throughout the homebuying journey. If you ever have concerns or questions as you decide whether to purchase a house, a real estate agent can respond to them right away.
If you want to enjoy a successful homebuying experience, it helps to employ a first-rate house inspector. By considering the aforementioned factors, you can hire a superb home inspector to review all areas of a house. Then, you can obtain a home inspection report to help you make the best-possible decision about a house purchase.