If you are in the market to buy a house, a home inspection is an essential tool to protect your interests. Although there is no technical requirement for a home inspection, it is in your best interest to have one done. Before you sign on the dotted line, consider how an experienced inspector working for you can protect your investment and help you make the best home buying decision.
Some feel the home appraisal required by the mortgage company is reasonably acceptable to give an idea of what problems the home may have. Unfortunately, this is not true. While appraisals are important, this evaluation is based on the general condition and location of the home. If the house is standing and seems in reasonably good condition, it can appraise well – even if there are structural, electrical, or other problems within the home.
Home inspections, while an added expense for home buyers, look at the structure with a fine-toothed comb to evaluate actual condition so you can decide if the price is right for you. Your inspection report can then serve as either peace of mind that your money will be well-invested, or work as a bargaining chip for you to get the home of your dreams – even needing repairs – at a more reasonable price. At the very least, you will know what you’re getting into before you commit.
For these, and many other reasons, paying for a home inspection from a licensed, professional inspector is likely to be the best money you will spend on your home.
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