If you are about to close on a deal to buy a home, you are going to want to inspect the property first before your buy it. This is because there many issues with a property that will not be discovered unless you take a thorough look at it.
Hire A Qualified Inspector
The best way to know that the inspection has been done correctly is to hire a competent inspector. This person is going to know what to look for and how to detect things such as termite damage, water damage and any issues with the roof or the foundation.
Complete The Inspection On Your Time
Don’t feel rushed to complete an inspection. You should be able to use your own people and do the inspection on your own time. If the homeowner is pressing you to finish up the process before you have had a chance to look things over carefully, it may be a sign that the seller is trying to hide something from you.
What To Do If Damage Is Detected
If there is any damage detected, you have a couple of options. Your first option is to rescind your offer to buy the house. As long as you haven’t signed anything saying that you will purchase the property, you are free to change your mind at any time. Another option is to ask the seller to pay for any repairs that may be necessary for you to move in. In most cases, the seller will agree to reduce the asking price on the house to make it easier to sell.
House Inspections Aren’t Expensive
Many people avoid house inspections because they think it costs too much or isn’t needed. However, this couldn’t be farther from the truth. Unless you have inspected the property, you have no idea what could be lurking behind the walls or under the foundation. If you discover any major damage after you agree to buy the house, there is a good chance that you have no recourse other than to make the repairs yourself. In most cases, an inspection will cost roughly $500 to complete.
Buying a home is an exciting event that should not be taken lightly. Therefore, it is essential that you confirm that your investment is going to be a good one by inspecting the property before you buy it. Once you have had a chance to check for any hidden damage, you will rest easier at night knowing that you have a quality home that will last for many years to come.