Benefits of a Home Inspection When Buying

Why Should I Consider a Home Inspector?

Buying a new home is an exciting time in your life! Whether this is your first home or your sixth home, finding that perfect house and then proceeding with finalizing the details is both exciting and stressful. Any time that you are purchasing a home, you need to be certain of what you are getting. How can you do this? There are several things that you can do to ensure that you are getting a house that is worthy of being your home. However, one of the most important aspects is to have your potential home inspected by a professional.

What is a House Inspection?

An inspection is a process in which a licensed professional look at the home you are interested in and gives you a thorough inspection. He or she may be looking for damage that may affect you later if you were to buy the house. Problems that your mortgage company may not allow for the mortgage to go through. And they are looking for anything that doesn’t seem to be right. Their ultimate goal is to ensure that the house you are considering buying is going to be safe and last for several years to come without any major repairs having to be done.

The Benefits of a Home Inspection

For those people are who are considering a home inspection, they will find that there are many benefits to this and is a wise decision to make. These benefits include:

It can save you money in the long run

The information that an inspector can find from looking through a home can save you money in the long run. For example, while the average cost of an inspector is anywhere from $200 to $500, they may be able to save you around $25,000 of electricity issues that require a complete rewiring of your home.

The information that a home inspector tells you can be used as negotiations.

What if the inspector finds something cosmetically wrong with a home or even damage to the home? This can be something that you use to negotiate down the price of the home since you are going to have to fix this upon living in the home.

Issues found during an inspection can become the responsibility of the sellers.

One of the biggest benefits that many home buyers find with an inspector, is that he or she may point out issues that the seller must fix before you can buy the property. For example, many mortgage lenders are not going to give a mortgage to a couple for a home that needs a new roof or another type of major repair. When you utilize a home inspector, you will find that you can know the information upfront and require that the sellers make these repairs otherwise you walk away.

You will feel more at ease with what you are buying.

For those who think that they have found the perfect home, having an inspector look at this before signing the paperwork, can give you another boost of confidence. When you know that you are getting a home that is worthy of the price that you are paying and that you are going to have no major issues within the foreseeable future, it can make the process even easier for you.

A home inspection can also help when selling your home.

For those who are getting a home inspection for their home before it is sold, they are going to find that this can often give you more selling power in that you can prove that the home is in great shape. Having this information on hand to show potential buyers is a great way to improve your chances of selling your home quickly and for the price that you want.

Aspects That a Home Inspector Checks

One of the most common questions that people ask once they realize just how beneficial an inspector can be for buying or selling a home is what do these people look for in a house? There are several aspects that an inspector is going to come into a home and look at. For example:

• The structural components of the home including the roof, foundation, attic space and even looking at cracks in the floor.
• Exterior faults such as if there is broken seals on the glass windows, is the porch/deck in good shape, is the garage door fully functional, and other elements.
• The roof is examined in detail for loose shingles or if the inspector thinks that this will need to be fixed in a year or two. He or she will also examine the gutter, chimneys, nearby trees and the like.
• Plumbing is tested to ensure that it works properly and is up to code.
• The electrical is looked at it to ensure that it is up to code.
• Heating and air conditioning systems are checked to ensure that they work.
• The inspector looks at what type of insulation is used throughout the home.
• He or she may also look at the appliances in the home to ensure they are functional.

As you can see, the aspects that an inspector checks are vital components to ensuring that you are not only happy in a home but also safe and not making a purchase that you will regret later.

Should You Consider Hiring a Home Inspector?

The answer to this is yes. After all, don’t you want to ensure that the home you get is worth the money that you are paying? The home inspector is one vital element in finding this answer. You will save money in the long run, have better peace of mind, and you are making a smart decision in working with a home inspector before buying a home. Keep in mind that several mortgage companies now want everyone to work with an inspector before they approve the loan!

If you’re looking to buy in the Edmonton Area, get in touch with The Ramahi Real Estate Group.