5 Things Every Buyer Should Know about Home Inspections

Becoming a new homeowner can be exciting. You may find it difficult holding yourself from calling a number of people to share with them the big news. Throwing a party and sipping a glass or two of celebratory champagne isn’t a bad idea too. However, there’s one more step that you might want to consider doing before moving in.

At first glance, home inspections can look daunting, especially if you have never been through the process. You may even wonder if it’s a must to do one for your new property. Isn’t an appraisal enough? If you’re in the valley of a decision on whether to conduct an inspection or not, here are some tips that might help you.

Home Inspections Are Optional

If you’re unfamiliar with real estate, you may think it’s a must to do a home inspection. The first impression you’ll get from watching reality TV shows is that everyone completes their inspections because they’re waiting for a big issue to arise. In the real world, however, it’s up to you to decide the kind of inspection you’d like to complete (if any at all).

Make no mistake about it. Inspections are a good idea. They offer an overview of a home’s problems before you purchase it. Most of the time, they allow you to do negotiations with the seller to cater for the costs of some repairs. From them, you’ll figure out if you’re able to handle the property or not.

You’re Responsible for the Inspection

If you’re a first-time homeowner, you may not realize your responsibility in home inspections. You are the one to agree to hire an inspector, ensure the inspection is complete within a specified time period, and shoulder the cost. This means you’ll need to select a professional carefully.

Look for a Certified Inspector

Don’t mistake a contractor for a home inspector. Inspectors have special training in identifying problems in homes, even when they’re light enough for others to miss. That’s why you should look for a certified professional to do your inspection. Although a qualified home inspector is more expensive than a contractor, hiring the former ensures quality results.

Coverage of Home Inspections

A home inspector should look at every possible aspect of your property. Since homes are different, the specifics of what a professional checks during your home’s inspection may vary slightly. It is always a good idea to ask your inspector what you should expect them to cover before hiring them.

You May Attend the Inspection

Most home inspectors advise buyers to attend their property inspection. They take it as an opportunity to answer any of the questions you may be having about the purchase. You can also receive information on how to properly maintain your home after the settlement. In exchange for the useful instructions, be sure to respect your inspector’s time.

Conclusion

Of course, this is not a complete list of all the things you should know about home inspections. However, it provides a good foundation for you to decide on whether to conduct one for your new property or not. Whichever way you choose to go, there are benefits as well as downsides to hiring a home inspector.