Great Question and great info - This is a question that comes up again and again! Couldn't have put the right answer together more succinctly!
Via
Peter Tamura (RE/MAX Executives):
We met with our clients for inspections in a home in Owasso, they had mentioned to me that some of their friends had wondered why they were investing in inspections on a new home.
The EMP inspector (electrical, mechanical & plumbing) discovered a leak in the shower pan that was leaking water into the adjacent room. He estimated that it would be a repair that could cost as much as $3,000 as the tile would have to be ripped out to do the repair. The builder who was also there was not happy but resigned to taking care of it prior to closing. It may seem reasonable to consider foregoing inspections on a new home, but it is always easier to get repairs negotiated and done prior to closing.
It's an example of being penny wise and pound foolish, we always recommend that clients get appropriate inspections. Happy house hunting, for more tips on searching for your dream home, contact us at 918-770-6999 or email at PTamura@TulsaRealtors.com
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Liz,
As a guy who does many of those new inspection I can say that about 80 percent of the time it is worth it. Once in a while not much is found but that is the exception.