Buyer Tip #6

By
Managing Real Estate Broker with MULAMONT REALTY, LLC MI RE License #6502378551

Buying a Home

Get a Home Inspection

You've gone through the house hunting process and narrowed it to "the one".  It's just what you've been looking for, dreamed about, and it's priced just right -- at least until you prepare your offer.  So what do you do now?  There are a lot of items to consider when buying a home.  It's condition is a major one.  You may have questions about this.  Do you have the expertise to determine the working condition of a home's furnace, electrical system, water delivery and waste water systems -- just name a few?  No?  Then get a home inspection.  This is especially true when dealing with an older home or foreclosure.

Let me tell you what a home inspection isn't.  It isn't going to let you know if you're getting a "deal".  As HUD defines it in their disclosure, For Your Protection: Get a Home Inspection:

A home inspection gives the buyer more detailed information about the overall condition of the home prior to purchase. In a home inspection, a qualified inspector takes an in-depth, unbiased look at your potential new home to:

  • Evaluate the physical condition: structure, construction, and mechanical systems;
  • Identify items that need to be repaired or replaced; and
  • Estimate the remaining useful life of the major systems, equipment, structure, and finishes.

It's the difference between kicking the tires on the used car you really have your eye on or taking it to your mechanic to have him tell you what you're really getting for your money. 

For an average home the cost may only be a few hundred dollars and could vary by region, but the information it provides may save you thousands in a negotiation or help you decide to keep looking.

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If you need help Selling your home or you are looking for a home to Buy, visit my website for information to assist you. 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Todd & Devona Garrigus 09/25/2010 12:42 PM
Location:
Michigan Oakland County
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Tags:
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home inspections
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david l montgomery

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Rainmaker
611,203
Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

David - Great advice for buyers! I suggested and re-blogged this!

Sep 25, 2010 12:40 PM #1
Rainer
28,124
David L. Montgomery
MULAMONT REALTY, LLC - Pontiac, MI
David L. Montgomery

Thanks a lot.  Many times I 've had buyers asking me about the conditon of a home I'm showing.  That's when I let them know -- get it inspected (reduces my liability too).  Thanks for the reblog.

Sep 25, 2010 12:56 PM #2
Rainer
69,945
Christa Borellini
Prudential California - San Diego, CA

Yes a home inspection is a 100% necessary.  Good post

Sep 25, 2010 01:22 PM #3
Rainer
130,917
Jason Channell
Diadem Property Inspections - Serving Southeast Michigan - Troy, MI
The House Sleuth

That is really good advice, David.

Clients should also understand that home inspectors are a little like the family doctor, in that they are both general practioners... if the doctor or the inspector finds something that really concerns them, they'll refer the client to a specialist (in this case, HVAC tech, etc.).

Sep 25, 2010 03:10 PM #4
Rainer
28,124
David L. Montgomery
MULAMONT REALTY, LLC - Pontiac, MI
David L. Montgomery

Amen.  Just don't ask me...I'm the Realtor.

Sep 27, 2010 04:42 AM #5
Rainmaker
579,677
Chris Smith
Re/Max Chay Realty Inc., Brokerage - New Tecumseth, ON
South Simcoe, Caledon, King, Orangeville Real Esta

David, goes without saying... you are buying a home that costs hundreds of thousands of dollars, and you don't want to spend a few hundred to make sure the home is sound... really?

Oct 20, 2010 04:17 PM #6
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Rainer
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David L. Montgomery

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