Kathleen S. Turner, SRES®, SFR® - COMPLETE GUIDE TO THE HOMEBUYING PROCESS.pdf

CHAPTER 8

What to Know About Home Inspections

The house hunt is over, and you decide to start the closing process on your soon-to-be home. You have visited the house, but what if this is just part of the picture and something is hidden underneath its surface? Issues here may vary, from termites and mold to leaking pipes or cracked support walls. This is why, before closing a deal on your highly-anticipated new property, you need to order home inspections. Home inspections will help to evaluate the condition of the house and let you sleep at night before and after the purchase.

WHY DO YOU NEED HOME INSPECTIONS?

Some buyers want to skip this step, especially if the market is hot and they’re competing with several other buyers. Home inspections cost money and take time; however, if serious issues are found, more time and money is saved after a fair deal is closed. You need a house inspection to know what, exactly, you’re buying and what to expect from your property in the future. During this process, specialists will examine the house to determine its condition and the viability of all the house systems. Don’t confuse the house inspection with the house appraisal. The inspection will clarify the current state of the house, not what it’s actually worth.

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