Home inspections are important as they enable a buyer to learn about the physical attributes of the home. In almost all instances, homes are sold in less than perfect condition. Therefore, a buyer needs to be informed about the anticipated costs associated with maintaining the home post-closing.
As a result, the house inspection is a significant phase of the home buying process. An accredited and experienced home inspector investigates the home and writes up the inspection report after the inspection is completed. This detailed document becomes a very important tool in the real estate transaction process.
A property inspection typically includes an examination of the entire house including:
· Foundation and structural integrity
· Doors and windows
· Roof and exterior walls
· Electrical components
· Heating and air conditioning systems
· Surrounding vegetation of the home & more…
Why Home Inspection for Sellers:
It is good to have an inspection done before a home is put on the market.
Complete repairs – Sellers can address repair issues before placing the home on the market. This can significantly increase the visual appeal of a home.
Transparent dealings – A home inspection report available to buyers communicates confidence in the quality of the home, and signals that the seller has nothing to hide.
Increased valuation – These steps result in a higher selling price, and a smoother sales process where surprises are limited and buyers bud with confidence.
Why Home Inspection for Buyers:
If a house inspection report is not completed by the Seller, a Buyer should pursue an inspection to learn about potential problems and upcoming maintenance expenses associated with the home.
Assurance – Go into this purchase with eyes wide open about the quality of the home.
Maintenance – Buyers can learn more about the future upkeep and maintenance requirements.
Value – If the home inspection report identifies problems, the buyer can negotiate for a price that accurately reflects the value of the home.
The typical cost of an inspection varies depending on the area, size of the home, and services provided by the home inspection company. As with most services, there is a strong element of getting what you pay for. Selecting the lowest priced inspector can often result in problems down the road.
Hire a licensed property inspection professional to represent your best interests-whether you are a buyer, seller or owner – to ensure the home is safe for you and your family, and that you are fully informed about major upcoming expenses.
Added: by Utopia Realty