Our News. 4 Reasons Why You Should Put “Hire a Home Inspector” at the Top Of Your To-Do List
In the news! So you’re 99.9% sure that you’re buying this house. You’ve already decorated it in your mind and pictured your long and happy life inside of it.
But with the seller as excited about selling as you are about buying, do you really need to get a home inspection report? When that house is so close to being yours that you can taste it, it can be tempting to become one of the homebuyers who are choosing to skip the home inspection.
But as it turns out, there are four really good reasons to hire a professional home inspector. Just keep reading to find out more news.
Reason #1: A Home Inspector Can Help You Avoid Overpaying
By the end of June 2021, the median price of a home in Canada was $688,208.
If you’re like most people, this is probably going to be one of the biggest purchases you’ll ever make. And when you have six figures of your own money on the line, making sure that you’re paying a fair price just makes sense.
Because houses aren’t always what they seem at first.
That quirky staircase could have a loose railing or the bedroom could have an issue with its electrical wiring. Now imagine taking the time to build up your credit and learn how to read your credit report, only to discover later that you’ve grossly overpaid. Not fun is it?
If you don’t have the time or the expertise to spot these issues during your walkthrough, however, you could very well end up paying more for the house than you should be.
The home inspection report will lay it all out for you. If there’s a red flag in the home purchase, you’ll know about it before you close.
Reason #2: A Home Inspector Can Show You a House’s True Colors
In any relationship, it takes time to meet the real person behind the I’m-on-my-best-behavior facade. But after that honeymoon period is over, sometimes you realize that you’ve met a friend for life. And other times, you experience the real person and think “I have seen enough.”.
Believe it or not, it’s the same with houses.
When a seller puts their house up for sale, unless they’re selling the home as-is, chances are that they’ve taken steps to make the house look good. They’ve carefully staged the house to give it a look that says “You could be living here.”. They may have even painted the walls or taken a pressure washer to the siding to give the house that extra sparkle.
If the house has problems with electrical wiring or is showing early signs of water damage, a home inspection report makes it possible for you to make an informed decision.
Reason #3: A Home Inspection Makes It Easier to Get Your Home Insured
You have to have it and you definitely don’t want to live in a house without it.
After all, those payouts can be the difference between having a bit of money to rebuild your life after a devastating fire and having to start over with nothing.
However, there’s just one catch:
Insurance providers will often rely on the home inspection report to understand the state of the property before agreeing to insure it for you.
So how can you avoid being the aspiring homeowner who couldn’t get home insurance?
What steps can you take to reassure the insurance company that you’re not sticking them with a fixer-upper or a house with a known mold problem?
You hire a home inspector and you make sure they receive the report.
Reason #4: You May Be Able to Secure a Discount on Your Home Purchase
A major part of the homebuying process is good old-fashioned negotiating. You make an offer. They counteroffer. You counteroffer their counteroffer. And then, eventually, you meet somewhere in the middle.
However, a big part of succeeding in your quest for a lower purchasing price is being able to find solid reasons to negotiate the seller down. After all, both sides can disagree on whether the cabinets are deserving of a multi-thousand-dollar discount.
The home inspection report gives you the assessment of an objective, third-party observer. If the inspector notices a problem with the house, that could give you the leverage you need to convince the seller that a discount is in everyone’s best interests.
Purchasing a home comes with a lot of moving pieces. When you’re not ironing out details with your real estate agent, you’re planning the logistics of your move. Although a home inspection may feel like you’re just adding to your list of more things to do, getting the task done can make your purchase easier in more ways than one.
Do you want to avoid overpaying? Are you looking to purchase the house for less or to get a general sense of the state of the house?
Hire a qualified home inspector this in itself will help you with those goals.
News by Armstrong Home Inspections is meant to educate the public.
The news articles in this post are meant to give you insight. Contact Armstrong Home Inspections for your Pre Sale, Pre Purchase inspections.