- Sevens Inspection Services
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- January 11, 2021
4 Reasons Why Buyers Need a Home Inspection
If you are buying a home in a hot real estate market or know that the home is being sold as-is, you may be tempted to skip the home inspection and move forward with closing. This is not a good idea in any situation. Here are 4 reasons why buyers need a home inspection before they finalize a real estate purchase.
Buyers Need a Home Inspection to Learn About Expensive Problems
You may think that a home is worth the list price, but an inspection could reveal a problem that costs tens or even hundreds of thousands of dollars to fix. For instance, structural problems could require the home to be completely reframed. You may find out that the home is going to cost you much more than the asking price. These are issues that usually can’t be diagnosed without a professional inspection.
Professional Advice on Maintaining the Home
Hopefully, the inspection doesn’t reveal major issues. In the best-case scenario, you still get a lot of benefits from your inspection report including peace of mind and professional maintenance advice.
Save your inspection report and use it as a manual. You can look up information like the water main location and age of the roof and other major components. Refer to your inspection report to learn when you should plan to replace appliances and other maintenance requirements.
Most sellers expect some negotiations during a real estate transaction. If you discover a major problem that is expensive to fix in the inspection, it is usually appropriate to renegotiate the terms of the deal. Without the documentation of the problem in the inspection report, you wouldn’t have any grounds to negotiate.
Buyers Need a Home Inspection to Highlight Safety and Health Issues
Homebuyers are most often concerned with the financial impacts of a home defect, but there are also safety and health considerations to be aware of. Water damaged areas may have mold growth, which is a serious health hazard. A deck that is not structurally sound is dangerous to use. Learning about safety and health issues is imperative before moving your family into a new home.