You shouldn't save money when buying a house..by skipping a home inspection.
It is a natural to try and minimize the cost of purchasing a home in Teays Valley, WV. After all, saving enough money for a down payment was challenging enough, now there are pre-paid costs such as homeowners insurance and taxes, and closings fees that need to be covered.
Not to mention the termite inspection and appraisal. Indeed, buying a home can be quite the work over for your bank account.
The oft mentioned mantra that "buying a home is one of the biggest financial decisions most people will ever make" is quite true. A home inspection is like buying Peace of Mind Insurance.
What Does A Home Inspection Do? During the home selection process, we show pictures or ask parents, relatives, or friends to accompany us. They add another pair of eyes in the event we aren't seeing something, or too consumed with where to place the couch while moving in, or all the grand parties the beautiful deck will host.
A home inspection is like the parent or friend. The inspector is trained to look past the spacious living room or nice oak kitchen cabinets and root out any infractions or issues that could jeopardize the well-being of your largest investment now or later down the road. He or she is an impartial person that will give you the plain and simple truth without fear of offending you and being left off the invitation list for the Christmas party. After a thorough check-up of the house, you will be presented with a report listing the existing problems or red flags.
How Do I Find A Home Inspector? Do not choose an inspector based solely upon price. Ask your REALTOR who they may recommend based upon their experience. REALTOR's in the Teays Valley, WV market do not receive any financial compensation for referring a home buyer. Check with friends or family and see who they used in the past. Speak to various home inspectors. Do they seem eager to help you understand the process and not hesitant to answer any question, no matter how silly it may seem? Ask to see a copy of their report. Is it understandable and give a good insight into the house? What are their credentials?
How Much Will This Cost Me? Actual cost may vary from inspector to inspector, but you should expect to spend to between $300 - $700. In the grand scheme, this is about the cost ONE mortgage payment.
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