4 Reasons Why Home Buyers Should Always Get a Home Inspection
When buying a home, the list of small, continual expenses can seem endless. Some buyers might be hesitant to cut yet another check to pay for a home inspection. On average, the service costs anywhere from $200 to $500. However, this is one expense that is likely to pay off. There are many reasons that a home inspection is one of the most essential steps in choosing which home to buy.
Home Inspections Can Reveal Expensive Defects
A home might look perfect to the eyes of a buyer who is already mentally arranging the furniture and updating the landscaping. A home inspector is a dispassionate third-party who can look at a home objectively and reveal any issues that could be a major problem later on.
A home inspector might discover issues with the exterior walls or siding, for instance. If soil is in close contact with the exterior walls of the house, it could invite termite damage later on. A foundation that has issues may reveal them through cracks or settling. A poor installation in the roof could allow water into the home, which can cause serious structural damage. Having someone check to eliminate these potential issues can save thousands in repairs after purchase.
Buyers Can Learn of Serious Safety Issues
A home inspector can help detect potential safety issues that not only cost a lot to remediate, but that could pose a threat to the members of the household. Radon, carbon monoxide, and mold are all contaminants that should be checked for during a home inspection. The inspector can also reveal any structural issues that could make the home unsafe.
Buyers should always protect themselves against findings like these in their contract to buy the home. They should make sure that there is a clause that indicates that, if serious issues or hazards are detected, the buyer has the option to withdraw their offer.
Buyers Are Protected from Illegal Additions or Installations
When someone wants to make certain changes or additions to a home, there is almost always a requirement that permits be acquired first. However, sometimes DIY modelers or unscrupulous contractors will skip this step. The result can be a problem for the person who buys the home next.
A house that has illegal or unpermitted additions or upgrades may be uninsurable. There is also a risk that unpermitted improvements will need to be removed. Unpermitted installations can also affect property taxes and the overall value of the home.
This is not just an issue to look at in existing homes. Sometimes, new homes can have systems or aspects that are not up to code. When the purchaser becomes the new homeowner, all of these issues become theirs to pay for and to fix.
Learn About Future Costs
Some issues revealed at the inspection stage aren't dealbreakers. Instead, they can help a potential owner understand what future expenses to budget for. Critical home systems like water heaters, HVAC systems, and plumbing need periodic maintenance and replacement. Learning how old these systems are and what condition they are in can help the buyer understand how soon they'll have to take on the cost of replacement.
These factors and more make it clear how important a home inspection is before committing to buy. By getting an experienced professional to look over the house, potential buyers can be sure of what they are looking at. As a result, they are protected from unpleasant surprises later on, and can feel more secure in the place they have chosen to make their home.