Once you find a home, the excitement sets in and you can’t wait to close. But there are some important things that need to take place before that day, namely a home inspection. With the naked eye, you can't see all a home’s issues from a walk-through. You need a professional to dig deep by checking all the inner workings. Here’s how you can make the most of your home inspection:
Employing a qualified, professional inspector is key to getting a thorough examination of your soon-to-be home. If you need a referal, let us know. There is peace of mind in choosing someone who has been highly recommended than just choosing a company at random.
You should plan to be at the property during the home inspection. It will last anywhere from an hour and a half to three hours based on the size of the home, but taking that time is crucial to seeing first-hand any problems. Even if your inspector does not want you following him around the whole time, you can be there to ask him any questions you have at the end. He or she can walk you through discovered issues, like leaks, electrical problems, plumbing or HVAC snags. He or she can also point out potential or looming trouble, like landscaping root issues or aging roof tiles.
Once your inspection is complete, let us know if you need names of contractors to fix any problems that turned up. In some cases, you may want to have the seller fix issues before the sale is final, but if not, it’s helpful to have a list of professionals you can contact.
Armed with a list of major or minor home issues, you can go back to the seller and ask for repairs or you can negotiate for a lower home price. You can even ask for money back at the mortgage closing in order for you to have the repairs done. Your agent can help you know what to expect out of these negotiations and how much you can reasonably ask for.
And finally, if the inspection turns up truly major problems with the home, like foundation issues or extensive mold in the walls, this is the time to back out of the sale. You may do better resuming your search for a property with less work than taking on a major renovation.
A home inspection is your best protection to ensure that you are getting a home free of expensive surprises. With the help of a qualified inspector, you can use the inspection to help you get the best home price and be better prepared for homeownership.