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A home will likely be the largest investment you ever make. Purchasing a home is a decision that buyers usually make after contemplating it for several months or even years. When you look at a house, you may see only one part of it i.e. the way it looks. There is a common phrase, ‘don’t judge a book by its cover’ and it works both ways. You should not believe that a house is perfect just by the way it looks or someone tells you that.
There are plenty of other things that are linked to the decision regarding your home purchase. Skipping the home inspection will mean facing unexpected costs from the “Unknown” the things you don’t see or know to look for. This could be issues with the structure, plumbing system, electrical system, HVAC systems, roof, or any of the other multiple items that will become your responsibility once you take ownership.
Did you know… That without a Home Inspection You will not be able to re-negotiate for repairs or the purchase price or even back out of the deal. Also once you move in and find all the “Unseen” costly issues that arise you have no recourse because you “passed” on a Home Inspection. So by spending a couple hundred dollars you could be saving several thousand dollars and be an informed buyer with a plan.
So, in a way, a home inspection is more cost-effective than expensive.
You have decided to get your home inspection done and you invite a licensed professional to walk through your property. While it is a great step, you should learn about the limitations of home inspection. A home inspector is there to thoroughly check the house but within the boundaries that they are allowed to do. Here are a few limitations to home inspection.
You had a home inspection done on the home of your dreams and you received the report. However, now you see multiple issues listed that will add up to repair. So, how do you handle this situation now? Well, it depends on where exactly the issue lies, what is the severity of the problem or problems, what does the seller think, how much it will cost, and more.
Your report will mostly talk about recommendations for maintenance and a few minor issues that you can get fixed after you have moved into the house, like a “Honey Do List”. The major problem lies where the report has one or two major defects mentioned.
These major defects are actually what a home inspection is for. Discuss your concerns with your Realtor or Attorney. Many times the seller is unaware any or these issues even exist and may be as surprised as you. Most of the time a Seller is willing to make the required repairs or replacement. Understand that a seller is not under any obligation to repair anything that is in the report. So, it is recommended that you consider if you know someone that may be able to assist with the repair or replacement after you take ownership.
It will be your decision after going through the report and introspecting whether you want to go ahead with the deal or back out of it.
An alternative option for new home buyers! We will conduct a walk through inspection. explain and show everything in detail. We will create a list of items that they can address over time as able. We can do the inspection as soon as they move in!