Whether you have purchased many homes or you’re going to be buying your first, a home inspection can be a cost-effective part of your investment. A home purchase is still one of the largest financial transactions in anyone’s lifetime, and the costs associated with buying a home today can be high. In comparison, the cost of a home inspection by a licensed professional is often a relatively modest cost compared to the overall purchase price.
It’s important to understand that issues are found during most home inspections, even at fairly new homes, and that hiring a licensed professional to perform the home inspection is an opportunity to have the home systematically inspected prior to moving forward with the purchase. Some of the issues uncovered may not be serious concerns, while other can impact the value, safety or habitability of the home. Improper electrical wiring, defective roofing, inoperable windows, and plumbing deficiencies are just a few of the most commonly reported issues.
Depending on the terms of the purchase contract, issues uncovered during a home inspection are often used by an informed buyer to seek repairs or concessions from the seller. Without the use of a licensed professional home inspector, these issues, presented in a comprehensive written report, may go undiscovered or unresolved.
