There’s more than meets the eye. This isn’t just true for people, but for houses as well.
If you put yourself in the seller’s shoes, you will realize that you’d do anything just to sell the home. There are all sorts of preparations they do to get the house ready when a homebuyer walks in. Some sellers are even willing to give the property a facelift just to boost the property’s value.
However, some home sellers may intentionally hide dark secrets about the house just to get it sold. They fear that these issues may scare off a homebuyer, so they don’t disclose these to you. If you let them get away with this, you may feel shortchanged for buying the house and learning about its problems after.
You shouldn’t take a house at face value alone. You have to know everything about it because this will be the place you’ll call home.
To an untrained eye, hidden flaws may be difficult to detect. Before you purchase the property, make sure you’re getting all your money’s worth. A
home inspector is a trained professional who does this job for you.
Why Do You Need a Home Inspector?
It is Encouraged
lenders will require a home inspection before you can get a mortgage loan. Most lenders don’t but encourage that it be done. After all, it is for the buyer’s benefit.
It gives you the chance to have someone take a closer look at the property before you sign on the paperwork at closing. A home inspector will be able to see the house’s existing and potential problems. If you work in the construction industry, hiring a home inspector may not be necessary. But if you simply don’t have the knowledge or expertise, you should leave it to the
Find the best mortgage rates, click here.
Identifies Potential Safety and Health Risks
Home inspectors are trained to examine the structural components of the house. It is an important factor that a home inspector will focus on.
Bowing foundations, sagging structures, rotten wood and faulty electrical systems are potential safety risks. Moreover, These extreme structural damages may suggest that the house is beyond repair.
Ventilation and insulation will also be checked. Poor ventilation and insulation may pose potential harm to the future occupants’ health which is why it should be addressed.
Helps You Negotiate with the Price
If the home inspector sees any problems with the property, it will appear on their report which will be sent to you. There are two ways you can deal with these problems: (1) you can negotiate with the seller to fix the damages first or (2) you can negotiate for a lower selling price and do the renovations yourself.
This must depend on the extent of the damage. If you think that doing the fixing yourself will help you save more, you can opt for that option. Use this to haggle on the property’s price. You can ask the seller to reduce the selling price so as to cover the cost of the repair work. If the renovation cost is way too extensive and the seller isn’t willing to do the necessary
renovations or reduce the selling price, you can choose to walk away and find a better house.
Connect with a lender, click here.
A home inspector will give you an unbiased report based on the findings of the home inspection. He/she will also recommend what kind of repairs need to be done. If the property is badly deteriorating and is beyond repair, an inspector will also be honest to let you know.
A home inspection is there to help the would-be owners avoid possible pitfalls after they take ownership of the property. It is a very effective way to know if the house is truly right for you or not.
Get Your Free Mortgage Loan Quote Today