Buying a home is the largest and most important purchase people make in their lifetime. Whether you are the buyer or the seller, having a home inspection done can save you money in the future. The home inspector will bring attention to issues that may not be obvious. Many costly issues that arise are from “out of sight – out of mind” problems behind walls or hiding in the home’s foundation. A good home inspector can also assess whether they think there are any necessary repairs or recommend other inspections. If money or time are playing a role, they can also help prioritize the problems that require attention first.
As the seller, having a home inspection done will give you the opportunity to fix any problems before putting your home on the market. This will eliminate having a buyer involved in the renovations. Choosing to have a home inspection done can also be to your advantage, it will help give the buyer more confidence in potentially purchasing the home. If, as the seller, you refrain from having an inspection performed the buyer can choose to have a home inspector look at the home. If there are things that require maintenance in the home the buyer may ask for the price of the home to be lowered.
As the buyer, it is important to have a home inspection done because it will eliminate any surprises after making a purchase. You will become aware of any problems the home may have that could require repair. Some sellers refuse to get home inspections so they remain unaware of problems. If they are unaware of problems then they are released from their obligation to inform the buyer of them. Even if the seller did have an inspection done, it is always a good idea to have one done for yourself as well to ensure it was thorough. If you have the ability to go through the home with the inspector it can be a great learning opportunity and give you insight on the condition of the entire home.
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