On your way to buying a house? Have you checked off all the boxes on the property buying checklist? Then there’s one last thing you need to check off before you can make the transaction:conduct a home inspection.
might ask yourself “Why do I need to have a home inspection when I’ve
thoroughly looked at the property myself?” Hiring a private independent
contractor or surveyor is an underrated but highly important aspect of
the home purchasing process for several reasons.
Get an Expert Opinion
Firstly, the home inspector will cast a professional eye over the property and
give their expert, unbiased opinion according to their home inspection
checklist. Even though home inspection by the buyer is crucial, you or
your family might miss out on the hidden problems in your eagerness to
finalize the purchase. These problems could include internal plumbing
issues, damaged motor, gas leaks, faulty meters and wiring concerns. In
older homes, the home inspector will likely look at the floors and roof
so that later you’re not stuck with huge repair costs.
Possible Negotiation Tool
Secondly, the results of a home inspection could help you negotiate a lower
price. If the home inspector finds any issues during their survey and
you are able to handle to repair costs, you will have a leverage over
the owner of the house. You could present these findings and ask them to
sell the house at less than the demanded price because the value of the
house has been reduced.
Protect Yourself from a Risky Investment
Thirdly, it could prevent you from making a huge mistake. The owner will cover
up any outward issues with fresh paint and superficial repairs. A home
inspector will conduct an in-depth survey of the drainage and foundation
of the building, making sure that the property is not unsafe for
living. There are certain standards and grades that need to be met
before a house is considered safe and legally constructed. A good home
inspector will have knowledge of these requirements. If they find any
risks of flooding or electrical shock, they could save you from physical
harm as well as financial loss.
For more detail click here: Home Inspection before Buying