Home inspections are not just another service pushed on you to spend more money. Money spent on a home inspection is one of the top investments in your home buying process. The goal of a home inspection is to make the buyer aware of the true status of
the home. Buyers have the right to know what damages the house already has before deciding to purchase a home.
A home inspection can reveal the true state of the home. Inspections can discover critical issues with the foundation or structure, something that can easily be missed on a walk-through tour. Once the buyer is aware of all the faults or damages, they
can decide if the home is worth the cost, if the cost should be adjusted, or if contingencies based on repairs need to be made. The findings will help the potential buyer estimate how much extra money would be needed for repairs. If a buyer is not okay
with the findings of a home inspection, it is the last opportunity for a buyer to back out of their offer.
A home inspection can also find safety issues. This could be carbon monoxide, radon, mold, or illegal additions/installations. Make sure your buying contract states that any hazardous findings result in an option to cancel the offer immediately.
Lastly, a home inspection can be used as a leveraging tool. If a home inspection reveals any of the problems mentioned above, you can use that to ask for repairs or request a price reduction/credit from the seller. Your real estate agent should be able
to help you negotiate the best deal based on the inspection findings.
In conclusion, a home inspection is important because it protects the buyer. The buyer will not make an uninformed purchase when they have a home inspection done. They will learn about all the homes faults and can decide whether the home is still ideal