
Why you should get an Inspection
Whether you are buying or selling a home, you should have a professional home
inspection performed.
A home inspection will look at the systems that make up the building such as:
Structural elements, foundation, framing, etc.
Plumbing systems
Roofing
Electrical systems
Cosmetic condition, paint, siding, etc.
If you are buying a home, you need to know exactly what you are getting. A home
inspection, performed by a professional home inspector, will reveal any hidden
problems with the home so that they may be addressed BEFORE the deal is closed.
You should require an inspection at the time you make a formal offer. Make sure
the contract has an inspection contingency. Then, hire your own inspector and
pay close attention to the inspection report. If you aren't comfortable with
what he finds, you should kill the deal.
Likewise, if you are selling a home, you want to know about such potential
hidden problems before your house goes on the market. Almost all contracts
include the condition that the contract is contingent upon completion of a
satisfactory inspection. And most buyer's are going to insist that the
inspection be a professional home inspection, usually by an inspector they hire. If the buyer's inspector finds a problem, it can cause the buyer to get cold
feet and the deal can often fall through. At best, surprise problems uncovered
by the buyer's inspector will cause delays in closing, and usually you will have
to pay for repairs at the last minute, or take a lower price on your home.
It's better to pay for your own inspection before putting your home on the
market. Find out about any hidden problems and correct them in advance. Otherwise, you can count on the buyer's inspector finding them, at the worst
possible time.
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