Hello World! Welcome Friends! You’ve spent months looking for the perfect home. You created a list of amenities you needed and finally found a home that has everything you need and more. It’s time to put in an offer and begin life in your new home. Hold on, not so fast.
Before you sign on the dotted line and lock yourself into a 15- to 30-year mortgage, don’t forget about a pre-purchase home inspection. While everything may look great on the surface, there could be countless problems that could lead to major expenses down the road.
Let’s examine the many ways buying a house inspection can save you money and your sanity.
A Pre-Purchase Home Inspection Finds Problems Before You Buy
When you tour a home, you look at the granite countertops and the tile in the bathroom. You don’t notice the small signs that something bad lurks just below the surface. Inspectors are trained to see the water damage in the bathroom and the cracks in the foundation.
The home may have everything you want, but once it’s yours, you inherit all the problems too. They’ll use a pre-purchase home inspection checklist to make sure they cover every inch of the home from the plumbing and HVAC to the electrical wiring.
Building and pest reports help you decide if it’s the one or if you should pass.
Banks Often Want Home Inspections
Banks often need a home inspection before approving your mortgage. The home inspection lets the bank know of any major problems that can become a risk for the loan. If the loan is for $300,000 and there are major structural or electrical problems, then it greatly devalues the home.
The inspection finds the problems and the estimated cost to fix them. You may think a repair is small, but the inspection shows the problem is much worse than before. If any issues don’t meet the city code, they can tell you and what needs to be done.
This is all information the bank wants before giving you a mortgage.
Pre Purchase Inspection Finds Safety Hazards
A home is a major investment, so fire hazards, mold on the walls, and other potential health issues need to be found and addressed before buying. Older homes may have asbestos or electrical problems that could lead to a fire.
Water damage may weaken floors and other supports, causing them to buckle or fall while you’re living there. You don’t want to be there for a few years and suddenly your asthma starts acting up or your toilet falls through the floor.
The pre purchase home inspection is far less than the cost of repairs and endless doctor visits.
Get Your Home Inspection Today
Your home is where you lay your head and the place you feel the safest. A pre-purchase home inspection gives you peace of mind and helps you determine if this is where you want to live.
If you want more information on home inspections, then please explore our site.
Click the links below for any posts you have missed:
How Long Does it Take to Build a Custom House?
6 Important Landscaping Tips for Homeowners
How to Safely Handle Forklifts at Home
What Services Does a Security Company Provide
How to Operate your Lawn Tractor Safely
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Toodles,
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