Reasons Why You Can’t Do Without A Home Inspector

Most people are aware that a home inspector is generally called out to inspect a property before it is sold, but is it really necessary to pay the extra costs of having this professional undertake this job? While there might be times when saving money is a good idea, attempting this by skipping out on a home inspection is not one of them. Here are five reasons why this is the case.

One Last Opportunity To Back Out

A home inspector will usually come out to a property just before the deal is finalized and present their findings before the money is transferred over to the previous home owner. During this inspection, the buyer will be notified of any repairs and maintenance that might be required to get the home in tip-top shape. They will also have a chance to weigh the costs to determine whether or not it will be worth making this sort of investment. In the event that the potential buyer doesn’t see this as a promising investment, they can choose to back out based on the findings of the inspection.

Safety Issues

Safety is another reason why you shouldn’t make do without the assistance of a home inspector and this is because one of their jobs is to look out for safety issues such as mold, radon and even carbon monoxide hazards. It is important that the contract have a hazard detection clause that allows home owners the opportunity to back out of the deal in the event that these hazards are detected.

Illegal Additions

Another facet that an inspector will be on the lookout for is any illegal installations or additions that might have been added over the years. Additions such as garages, basements and even additional rooms need to be build following certain codes and with appropriate permits, and if these regulations have been ignored, buyers could be looking at taking a hit on the overall value of the property once it has changed hands. These facets could also end up affecting everything from insurance to the taxes on the property. With the help of a home inspector, a potential buyer can choose to back out, or adjust the conditions of the purchase because of these findings.

Negotiating Tool

The findings of a home inspector can be used, to a large degree, as a negotiating tool to lower the price of a purchase, and this alone makes it worth investing in their services. By paying their fee, a potential buyer could end up saving themselves thousands of dollars, which they can then choose to put back into the property to increase its value even more. Ultimately, without this tool, a home buyer will end up having to rely on their own instincts when it comes to judging the true value of a home.

Inspectors grant buyers the peace of mind that they need when buying a new home. This can be a very daunting prospect, but with a professional on their side, it’s much easier to identify those challenges that a buyer is likely to face along the way.