Do I need a Home Inspection? Yes!
Posted on May 26, 2018 by Jennifer Cotton
It’s easy to get swept up in the excitement of buying a new home and forget to make the important decision to have a home inspection conducted soon after you are under contract.
Although home inspections are not required in every state, home inspections are an instrumental part of the homebuying process that can save you a lot of time and money in the long run. Inspections can provide you with a detailed look at a property that can help uncover deep-rooted problems and potential pitfalls.
Home inspection costs vary but a good rule of thumb would be to expect to pay from $300 to $500 depending on size and age of the home. That’s a good sum, but perhaps think of it this way: Those who skip out on the expense may realize in a few years that an inspection is much cheaper than rewiring the entire house or re-do plumbing. The cost of a home inspection compared to the price of the home is a small price to pay for peace of mind.
Inspections can reveal small to large issues, that could potentially be a “deal breaker” for the buyer. Inspectors discover most “issues” with the home, from broken switch plates to structural defects. And when they find something that concerns them, they will recommend a specialist for that issue. For example, if the inspector cannot get the Air Conditioning to cool to a standard temp, they will recommend a licensed HVAC specialist to inspect further.
Also, new construction does not mean the house is “perfect” and does not need a home inspection. No matter the age of the home, there can be costly troubles unknown to the average buyer. Problems with wiring, plumbing or structural issues may not be visible during a showing and you’ll want to get an expert opinion.
When choosing a home inspector, make sure they are licensed, have accreditations, and be sure they provide a written inspection report. Research several inspectors and give them a call, a good inspector will appreciate your questions/concerns, while a not-so-great inspector may become defensive.
Not all home inspectors are created equal. BoyCott Realty has a list of many local home inspectors, and we strongly recommend conducting a home inspection to our buyers. It’s another way we educate, protect, and support our buyers in the buying process.