How important is a Home Inspection

By
Real Estate Agent with Oceanica Realty 3100213

As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tell you. A professional home inspection is something you MUST do, whether you are buying an existing home or a new one. An inspection is an opportunity to have an expert look closely at the property you are considering purchasing and getting both an oral and written opinion as to its condition.

Beforehand, make sure the report will be done by a professional organization, such as a local trade organization or a national trade organization such as ASHI (American Society of Home Inspection). Not only should you never skip an inspection, but also you should be present with the inspector during the inspection. This gives you a chance to ask questions about the property and get answers that are not biased. In addition, the oral comments are typically more revealing and detailed than what you will find on the written report. Once the inspection is complete, review the inspection report carefully.

You have to demand an inspection when you present your offer. It must be written in as a contingency. If you do not approve the inspection report, then do not buy the home. Most real estate contracts automatically provide an inspection contingency.

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buying a home
home inspections

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Rainmaker
592,363
Kathy Stoltman
Rockwood Realty - Ventura, CA
Ventura County Real Estate Consultant 805-746-1793

Good advice Kamal, I have had a few buyers who past on home inspections but they were contractors and of course they had to sign a waiver.

Jul 15, 2013 09:35 AM #1
Rainer
275,224
Steven Campbell
Forest Hill Real Estate Inc., Brokerage - Toronto, ON
REALTOR

I totally agree Kamal, I recently had an inspector find mold in the attic of property, the seller rectified the issue, so it worked out well for my clients and the deal closed.  Here is Toronto, bidding wars on homes do happen and it scary how many offers to purchase have no condition on inspection just to make their offer better.

Jul 15, 2013 02:20 PM #2
Rainmaker
932,975
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

It is very wise to get a home inspection. There is so much of the home components that you cannot see without using tools to test it out. Plumbing, eletcrical, roofing.  Better to spend a few hundred now than to not spend it and spend thousands after the fact.

Jul 20, 2013 11:17 AM #3
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Rainmaker
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Kamal Salim

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