Do you want to save money on your next home purchase?? Then get a home inspection! There are many ways a home inspection will save you money. Here are a few…
1. Uncovering Small Problems:
Small problems usually turn into big problems that cost big money over time. Finding that new small roof leak now and having it repaired before it turns into a big leak could save you thousands in the long run. Hmm… $300 now or $3,000 later??
2. Education:
A good home inspector will go over the home inspection with you. They will explain what is considered general maintenance on the home, what a problem that is easily fixable is, and what is something to be worried about. They will offer up solutions for all of the problems too. This is a great opportunity, especially for first time buyers, to get an education on their home. This is why it is so important to be at your home inspection! It is especially important for first time buyers, those who do not know much about home repair, and those who tend to freak out when they see a faucet drip.
3. Negotiating Power:
If you discover problems with a house up front you can negotiate for remedies with the seller. Most are willing to fix the problems or adjust the price to get the house sold. If you don’t have a home inspection and discover a problem after closing, well… you’re out of luck! When you discover problems before the sale you still have negotiating power because the sellers want to sell. After the sale, you are up a creek without a paddle.
These are just a few ways a home inspection can save you money, and why it is so important to have one before you buy a home. Next week we’ll discuss what to look out for on a home inspection, and what goes on the ‘Honey Do List’.