Here's How a Home Inspection Can Help Buyers
On average, it costs people anywhere from $300 to $500 to have a home inspection done on a house before buying it. And it can cost a lot more than that if they happen to be buying a home that's on the larger side.
With this in mind, there are some home buyers who choose not to have a home inspection done prior to purchasing a house. They ask, "How does a home inspection help buyers anyway?" and decide to take their chances rather than adding another cost to the home-buying process.
You should not take this approach the next time you're buying a house. Instead, you should hire the best home inspectors in your area to carry out a home inspection so that you know what you're getting yourself into when buying a new home.
Here are some of the ways in which a home inspection can help people who are purchasing a home.
Uncovers Structural Problems With a Home
When you're thinking about buying a home, you'll probably walk through it at least a few times to make sure that everything in it looks like it's in good condition. And on the surface, it might appear as though it's all in great shape.
But unfortunately, it's not always possible to tell whether or not a home is in good condition simply by walking through it and looking at everything on a surface level. You also need to peel back the layers of a home to ensure it's structurally sound.
The average person isn't able to do this. But a home inspector is trained to do it. They can take a closer look at a home from top to bottom to ensure there aren't any major structural issues with it.
They'll usually start by checking out the foundation of a home to see where it stands. They'll also walk around and look for specific signs of structural problems within a home.
Some of these signs include:
Large cracks in walls and ceilings
Windows and doors that don't open and close easily
Cracking in the walls of a foundation
It doesn't matter how old or new a home might be. It can have structural issues, and those issues could cost you tens of thousands of dollars to fix at some point down the line.
It's why it's a good idea to have both old and new home building inspections done prior to purchasing a home. You don't ever want to pay full price for a home that has structural problems.
Shines a Spotlight on Potential Safety Issues in a Home
When you move into a new home, you don't want to have to worry about dealing with a whole host of safety issues in the house. But you might have to do just that if you don't have a home inspection done on it before buying it.
Recent reports have suggested that about 30 million American homes have serious safety issues in them. These issues could put your health and the health of those in your family in harm's way if they aren't addressed.
During a home inspection, a home inspector will seek to shine a spotlight on any potential safety issues that you'll want to be aware of. Some of the safety issues that they might find include:
Improper electrical wiring
Mold and mildew
Certain safety issues will be obvious when you're walking around in a home. You might be able to spot mold and mildew, for example, without the help of a home inspector.
But most of the safety issues we just mentioned aren't going to jump out at you right away. You'll need a home inspector to point them out to you during a home inspection.
Highlights Home Improvement Projects That May Need to Be Done Soon
After you move into a new home, there is likely going to be a long list of home improvement projects that you want to tackle. From painting some of the walls inside a house a new color to revamping the landscape design on the outside of a house, you're going to want to do some things to make your new home your own.
But you don't want to have to spend a small fortune to take on major home improvement projects that you weren't anticipating having to do. For instance, you don't want to have to spend thousands of dollars on:
A new roof
A new heating and cooling system
New plumbing pipes
New electrical wiring
A home inspector can let you know whether or not these types of things will need to be replaced shortly after you move into a new home. They can give you some indication as to how much longer a roof or an HVAC system is going to last so that you'll know when they are going to need to be replaced.
This will help you avoid buying a home that ends up turning into a money pit.
Prevents People From Buying a Home With a Major Pest Infestation
In the past, surveys have shown that more than 80% of homeowners deal with at least one pest problem every year. Some people find that they have mice, rats, and other rodents living in their homes, while others spot signs of ants, termites, and other insects in their houses.
There is nothing wrong with buying a home that has had pest problems in the past, provided those pest problems are now ancient history. But you do not want to buy a home that has a pest problem at the moment and have to deal with it yourself when you move in.
Home inspectors are highly skilled when it comes to identifying the signs of a pest problem in a house and pointing them out to home buyers. They'll let you know if there is anything you should be worried about as far as pests are concerned.
Provides Home Buyers With More Power at the Negotiating Table
Prior to purchasing a home, it's always a good idea for you to try and negotiate with a home seller to bring the price of a house down. By looking at how much other homes in the area have sold for and comparing those homes to the one you're buying, you might be able to get yourself a much better price on a house.
You can also score a better deal on a home by having a home inspection done and finding out about any issues with it. Those issues will give you a whole lot more power at the negotiating table.
In some instances, home sellers don't have any idea that they have a structural issue with their house or a safety problem that could prevent them from selling it for as much as they want to. They might be more than willing to bring the price of their home down in light of this newfound information.
You want to at least try to give yourself an edge when negotiating the price of a home. Getting a home inspection will allow you to do it to some degree.
Gives People Peace of Mind When Purchasing a Home
Buying a home is one of the biggest investments that you're ever going to make. There is, therefore, a lot of stress that comes along with purchasing a house.
In fact, one recent survey suggested that about 40% of Americans feel that buying a home is the most stressful thing they'll ever do. A lot of people struggle to sleep at night when they're working their way through the home-buying process because of the stress associated with it.
There is no way to completely eliminate the stress that comes with buying a home. But you can get rid of at least a little bit of it by having a home inspection done. You won't have to worry so much about buying a home when you know everything there is to know about it.
The peace of mind that you'll get from a home inspection might be the No. 1 answer to the question, "How does a home inspection help buyers?" That peace of mind will stop you from stressing out so much and let you enjoy the process of buying a home from start to finish a little more than you would otherwise.
How Does a Home Inspection Help Buyers? So Many Ways!
When you're buying a home, you don't necessarily need to have a home inspection done on it first. But you would be crazy not to at least consider it.
As you can see, there are many good answers to the question, "How does a home inspection help buyers?"
Each of them reinforces why it's smart to schedule a home inspection before you buy a house.
Would you like to get your hands on more tips that will help you when buying a new home? Check out our blog for additional articles that will assist you along the way when you're in the process of purchasing a house.