Congratulations! Now that you have made an offer You are on a fast track to owning your first home! But your work is not complete. In order to protect yourself, and your investment, you need to order a complete home inspection, prior to closing on the home.

The Money Pit MovieWhy is a home inspection important?  A Home inspection is crucial because you should make sure that the home you intend to buy is in good condition.

Several years ago, the actor Tom Hanks did a movie called "The Money Pit".  The story centers around a couple who buy a beautiful home, one that they consider to be the home of their dreams. It is highly unlikely that they had a home inspection done, as problem after expensive problem begins to surface. For every dime they spend to resolve one issue, another expensive issue would appear, hence the movie's title "The Money Pit"

Although the story is fictional, the movie could serve as a precautionary tale of what NOT to do when buying a home. The circumstances in the movie can be a harsh reality if a home inspection is not done prior to closing. 

Spending a couple hundred dollars on a home inspection could in fact, save you thousands of dollars down the road.  It could also prevent you from purchasing a home that just isn't as good as it looks.  

A home inspection evaluates the condition of a home through the eyes of a trained expert. A qualified inspector will take an impartial look at the property you want to buy, and provide you with a written report of findings, usually within five to seven days.

Here are a few links for you to go to, for more in depth information about what you can expect from a home inspection:

What is a home inspection? 

Get A House Inspection Before Buying

For Your Protection Get A Home Inspection 

10 Important Questions To Ask Your Home Inspector

Remember, a home inspection will reveal things about the home that the eye cannot see.  Protect yourself, and know the facts about the home you intend to buy before you make it final.

 

Related Posts To This Topic:

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18 Comments on First Time Home Buyers - Get A Home Inspection

Absolutely to perfection my friend.  I love the information you are sending out to buyers.  You are truly inspiring me to do the same thing for my community Alecia.

12/05/2007 01:57 PM by Julie Neerings~Lifting Hearts ♥ Building Dreams~Utah REALTOR® (Keller Williams Salt Lake City)


ANY buyer ...get a home inspection :) You have been doing a great series here Alecia...good deal!

12/05/2007 02:03 PM by Celeste "SALLY" Cheeseman (RA), e-PRO HAWAII Real Estate & HAWAII Relocation (Century 21 Liberty Homes -Mililani, Hawaii)


Julie- I love doing this- it has been really fun, and I am getting wonderful feedback!

12/05/2007 02:13 PM by No Longer Active Albany & Brownsville OR Real Estate (No Longer Active)


My wife just made me watch the money pit for the first time about 5 months ago and if that doesn't convince you to get an inspection nothing will!

12/05/2007 10:33 PM by Todd Clark (Realtor), GRI (Washington Co, Beaverton Oregon) (Kastings & Associates, Beaverton Oregon Real Estate)


Alecia:  ANOTHER great piece for the buyer. GREAT info...and the links are fantastic. LOVE it! I hope you are having a beautiful week! Love, Elizabeth

12/07/2007 12:36 PM by Elizabeth Nieves - Bilingual Raleigh - Durham North Carolina Real Estate Team (The Elizabeth Nieves Realty Group @ Keller Williams)


Todd- after watching the couple in the movie go through what they did, you would be crazy NOT to get a home inspection first!

12/08/2007 11:54 AM by No Longer Active Albany & Brownsville OR Real Estate (No Longer Active)


Elizabeth- Thanks so much for coming by and reading! Your input is always appreciated! :-)

12/08/2007 11:54 AM by No Longer Active Albany & Brownsville OR Real Estate (No Longer Active)


Although I haven't seen the movie - This is a very logical and thorough way of presenting the importance of this to buyers. Excellent post and format Alecia!

Sincerely,

Grace Safrin

12/08/2007 06:26 PM by Jeff & Grace Safrin-SpousesSellingHouses REALTORS, F.C.Tucker Company, Indiana (F.C.Tucker/Advantage Realty)


Hi Alecia, it is always a protective step for clients to have them secure a home inspection to make sure what they think they are getting is really the facts.  Nice post.

12/08/2007 08:32 PM by Gary White~ Grand Rapids Real Estate, FLexIt Realty, a call or click away! (Flexit Realty~Serving West Michigan)


Midori-  It would be awesome if you moved to Oregon! And if I ever moved to Florida....:-)

Grace: Thanks so much! I really appreciate your feedback!

Gary: I wouldn't sell the home to them if they weren't willing to have it inspected first, thanks so much for commenting!

12/10/2007 11:21 AM by No Longer Active Albany & Brownsville OR Real Estate (No Longer Active)


Hi Alecia ~ Yet another great installment on the series. I am very proud of you! Sorry we never got a chance for our coffee date last week. Let's try again! :)

12/10/2007 01:49 PM by Sarah Eubanks ~ Preferred Oregon Loan Consultant & Notary Public (Hill Valley Financial Services)


Sarah- I KNOW we will have coffee soon, what is awesome is that I am busy, and it's winter! God is so good!

12/10/2007 03:44 PM by No Longer Active Albany & Brownsville OR Real Estate (No Longer Active)


This is advice every buyer should follow. Buying a home is a major purchase and is worth the few hundred dollars spent on a home inpsection.

12/11/2007 07:13 AM by DDR Realty, Orange County, NY


Derrick- Thank you for commenting. Hopefully, first time home buyers that read this will understand why this is so important!

12/11/2007 03:34 PM by No Longer Active Albany & Brownsville OR Real Estate (No Longer Active)


Great post, Alecia, and series. Glad to see you emphasizing the need for buyers to get a home inspection.

12/12/2007 09:50 PM by Karen Cooper - Quality Home Loans, Inc.


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