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This is a terrific and informative set of things to keep in mind regarding home inspections. Chrissy Doremus points out that a home inspection is one of the best times to take off the emotional veil that comes with a home purchase sometimes, and to put on the "analytical" hat for a smarter way to buy.
The home inspection is a very important step during the buying process, but for some reason, it is a step that can give some buyers—and even some seasoned real estate professionals—an awful fright! So, in honor of Halloween on Sunday, here are my 5 Ways to Make the Home Inspection Less Spooky!
The Spook: Home inspections are just plain scary. The Scoop: OK, they are only scary if you let inspection myths control your experience. The truth is, we aren't scary people and we are here to educate, not get you shaking in your boots. What makes home inspections scary for some people, is actually past experiences, disappointments or just plain nerves. The good news is that most of that can be helped by just choosing the right inspector. The rest can be helped by acknowledging the concerns you may have. If it's your first home, it's OK to be nervous, if you've had past inspections not go as you liked, it's also OK to say hey, this is a different house and a different inspection—everything is gonna be OK.
The Spook: Maybe this house is more work than I thought. The Scoop: You might see the house differently on inspection day, then you ever have before. The home inspection is often the first time you will look at the house more “analytically” instead of “emotionally.” It can be difficult if you are not prepared for the step-by-step evaluation of the house. But if you are prepared for the slight change of perspective that the home inspection may bring, the process becomes much easier.
The Spook: The house is not perfect anymore. The Scoop: Ok, but rest assured, there is no such thing as a perfect house. Prepare for the fact that some defects may be found in the house, but keep in mind that every house—even a new house—has some. The inspection report and the inspector will help distinguish between big problems and small ones. Ask questions during the inspection. Think about your concerns and needs prior to that day and make sure you get the answers you require.
The Spook: The house is great, but the report still mentions a lot about required maintenance. The Scoop: Buying a home is similar to buying a pre-owned car. One must always expect maintenance and some unexpected repairs. No inspection can completely eliminate all risks, and all homes require maintenance, repair, and care. It is important to be comfortable with this concept prior to the inspection experience—especially those who have never owned a home before.
The Spook: For what they are asking for this house, it should have been flawless! The Scoop: Unfortunately, home price and home condition do not go hand-in-hand. Price has much more to do with location and the market conditions than anything else. After all, even million-dollar homes have defects. So no matter what the purchase price, avoid falling into the trap of expecting a flawless house.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.