Purchasing a home is a time-consuming, expensive, and comprehensive investment. You’ve checked the neighborhood, marked off the amenities you require, and negotiated a price. When you buy a home, you aren’t just purchasing the marble countertops, large master suite, and the detached garage you wanted. You’re also purchasing any existing issues within the structure of the home. From an unstable foundation to cracked walls – these unexpected and sometimes hidden faults need to be revealed.
Getting a home inspection will not only help you negotiate a better price with the seller; it could save you from dealing with costly repairs in the future. Sometimes, the results of a home inspection might even leave you looking for another home to buy.
A typical home inspection will cover the home from top to bottom. It will start with checking on the roof and end with inspecting the foundation, including every major system in between. Plumbing, electrical, heating, and septic systems are all checked for issues.
Once the inspection is complete, you’ll receive a detailed report of the home inspector’s findings. This list will help identify any structural defects or problems with major systems. From there, you can evaluate your decision to finalize the purchase. You may be able to convince the seller to pay for certain repairs or give you credit at closing to get the problems fixed.
It’s important to remember that haggling over the results of your home inspection with the seller can backfire. Sellers are not required to make or pay for the repairs on the home. Stay focused on the major repairs the home needs, especially if it involves the structural integrity and safety of the house. If small issues are inexpensive, opt to fix them or pay for them yourself, instead of pressuring the seller.
If you are looking into new construction, you are not off the hook. Brand new structures have issues as well. Make sure you get a home inspection before you sign the dotted line. For about $500 and a few hours, a professional inspector can let you know if your investment is legitimate.
A CLUE report – Comprehensive Loss Underwriting Exchange – reports all of the insurance claims that were filed for the home in the last 5-7 years. This is an additional piece of information that you can receive from the seller or insurer to aid in your evaluation.
A home inspection is an all-inclusive examination of the condition of a home. Knowing what you’re really buying beyond what a quick overview or walking tour can spot, is crucial to the home buying process. Your home inspection will alert you to serious issues that need to be fixed or could threaten the safety of the home. It will also help you negotiate the price you’re willing to pay for the home. The more you know about the house, the better your bargaining will be, and home inspections give you that edge.
Fixd Repair is an innovative mobile app that is transforming the way homeowners like you, schedule home repairs, connect with service professionals, and file warranty claims. We provide a variety of services from plumbing, HVAC, garage door repair, and more. You can easily schedule an appointment today by downloading the Fixd Repair app for IOS or Android.