When buying a house, getting a home inspection is not just about finding defects in the property. It can also help buyers identify potential repairs or maintenance that could be costly in the future. Since purchasing a new home is one of the most significant investments you’ll ever make, hiring an expert can help ensure that the process goes smoothly, benefiting both you and the seller.
What’s in My Report?
When you hire a home inspector, they will provide you with a report that assesses the overall condition of the property. The report will also include a list of items that require attention, such as repairs. In most cases, the issues found by the inspector are minor and can be easily fixed. However, if the inspector discovers any hazardous issues like radon or asbestos, they will bring it to your attention immediately so you can take the necessary action.
More often than not, a home’s value is assessed with the help of an inspection report. For instance, if you are selling a home for $100,000 and the total cost of repairs is $10,000, you could consider selling it for $90,000 as a fair price. On the other hand, if you are planning to purchase a home, the inspection report can serve as a powerful tool to negotiate and lower the price.