Inspection Tips For Homebuyers
Buying a home, for most of us, is among the biggest financial decisions we can make in life. This is because homes are expensive, and considering the many economic challenges in life, not many get to make such a big decision in life. This means that when buying a home, you’ll want to take your time to ensure that the home you buy is best suited for your needs and preferences. Of course, you don’t have to wait until you save up enough to buy your dream home or the biggest mansion in town. But however small or large it is, the home has to be in good shape and form to match your investment.
Well, this brings in the need to have the home inspected by an expert before appending your signature on the dotted lines or even making your decision in the first place. Especially if you’re buying a used or previously occupied home, the best way to avoid future regrets is to have an expert eye examine it. This ensures that in case there are any damages or anomalies on the property, you can bring them up when negotiating your deal or avoid it altogether.
A professional inspection is key when looking for the perfect home for your needs. More often than not, mortgage lenders will also need a report from professional home inspectors before disbursing your loan. But then again, it is not out of this world to be a bit anxious or nervous about home inspection. This is especially the case if the property you’ve spotted looks like your ideal kind of home or you badly need to be your own landlord. Those in the business of buying and selling a property can relate to this better. To help lessen your anxiety and nervousness for a smooth experience, here are 4 home inspection tips you could benefit from as a homebuyer.
1. Hire a Qualified Inspector
Hiring an unqualified inspector is bait to disaster. They are likely to do a shoddy job and end up missing out on crucial issues that may force you to dig deeper into your pockets later. A professional, experienced home inspector will come in handy when buying property.
One of the best ways to get the right home inspector is to request your friends, family, or colleagues for referrals. On top of this, you will want to do your own research and look for a licensed home inspector from online resources. During your search, be sure to check online reviews and comments from different clients. Prioritize on the ones with many positive comments from real, verifiable clients, and arrange an appointment with them.
As you compare and contrast, do a brief interview with your prospective inspectors to gauge whether they meet your standards. Engage them, go through their credentials, check their background experience, and ask them how long it will take. If you’re satisfied with what you see, negotiate the fees and decide whether or not to hire them.
2. Accompany the Home Inspector
Owning a home is one huge milestone in life. It comes with satisfaction and pride. Accompanying your house inspector would be common sense and a wise thing to do. Instead of lagging behind on your couch and waiting for the report, being present during the home inspection can do wonders. While at it, ask the home inspector as many questions as you can regarding the house and his honest views on the same. While it may not make you change your decision on the spot, it will definitely teach you a thing or two and enlighten you about taking good care and maintenance of your new home. In case you need to resell it in the future, you will also know what home inspectors check and look for in a property for sale.
However, you will want to avoid distracting him. Unless you really have to ask, let him do his job, and when he is done, you raise your queries and concerns. Let him give you an honest opinion as he validates and checks everything.
All the same, do not be intimidated by the ”you are asking too much” phrase. Being inquisitive could unearth something that might save you from a stale purchase. Let the inspector explain to you what can be fixed and what cannot, along with the estimates of costs. In case there’s something you don’t understand, request for more explanation – that’s why you are paying him anyway! Don’t feel embarrassed.
3. Conduct Your Own Inspection
Never jump into a river without knowing how deep it is. When buying a house, you don’t want any loose ends, even the tiniest details should matter to you. Ensure you inspect the house thoroughly, even if you will have a professional do it. Check out for any cracks on the floors, walls, and windows. Check the door locks, switches. Walkthrough and check every room, from the bedroom closets to the bathrooms. Check the faucets, under the sinks, flush the toilets, and check if sinks and bathtubs are discolored or cracked. Don’t forget the basement… be thorough. Doing a home inspection will give you the confidence that your investment is worthwhile.
4. Give Your Inspector Quality Time
Hurry, hurry has no blessing. You might be all excited about owning and moving to your new dream house, but hey, you will live there for many years to come. Don’t rush your house inspector. A house inspection is very key in identifying any major problem before you buy a home or close in on the deal with the seller. It requires being keen and thorough, so take it slow lest it costs you handsomely later. Downplaying on some simple flaws can, in the long run, be extremely expensive for you. Give your inspector quality time. If he requests for a whole day for the inspection, grant it. It won’t cost you a thing but time, which will have been well invested.
A home inspection is a crucial aspect of the home buying process. As a matter of fact, it is also important to home sellers who want to maximize their profits or asking price. No one wants to buy a home only to end up in frustrations, discomfort, and spending heavily on repairs. With the above few tips, you can ace it on home inspection as a homebuyer.
Next article: Home Inspection Tips for Sellers