It’s pretty easy to get overwhelmed with the thought of buying a new home. It’s brand new and everything’s perfect, or so many would think. While you all get swept up in excitement, never forget that a home inspection is, and should be, an important part of this big real estate transaction – home buying.
A home inspection is an integral part of the home buying process for two of the best reasons – to save you time and save you money in the long run. What a home inspection can offer you is a detailed look of the property to help uncover deep-rooted problems and potential issues.
Below are five reasons why you need a home inspection before buying a new home:
- You uncover what’s behind the façade
It’s exciting to buy a new home but what most people don’t know is that new construction homes can have a handful of issues too. In fact, no matter the age of home, there can be costly problems a typical home buyer may not detect. Electrical, plumbing and structural issues are among the most common problems discovered during a home inspection. Plus, most construction issues can go unnoticed until 3-5 years that’s why you need a home inspection conducted by a licensed inspector.
- You save more than what you’ll spend for the home inspection
The cost of a home inspection service can vary depending on the size and age of the home. It may sound like an additional expense because it’s not mandatory anyway. But, those who skipped it ultimately realized they lost more money than what they could have spent on the inspection. Apparently, it’s cheaper to opt for an inspection than rewire the entire house because you moved in and got stuck in unpleasant surprises.
- You can negotiate better
Having a home inspection before you buy gives you the power to negotiate better. The information you have gathered from the home inspection can give you the bargaining power to talk the price down.
- Repairs may be shouldered by the seller
Many buyers include in their contracts that the seller is required to make the necessary repairs before the deal is finally closed. This is another good reason why a home inspection is such a wise decision to make. Not only can you negotiate for a lower price but have the seller work on the repairs. If for any reason, the seller is unwilling to shoulder the needed repairs, you can estimate the costs and have the total amount deducted from the home price. Whatever works best for both you and the seller is important. This way, you get the property at a fair price while maintaining a win-win relationship with the seller.
- You get a real education about the property you are looking at
At the end of the day, the most important reason why you need a home inspection before buying a new home is that you get to understand clearly what you are actually getting. Much like understanding the specifications of a cellular device before purchasing a particular model, researching your potential home is crucial. You know what they say, “The more you know, the fewer surprises there will be.”
Your Premier Tennessee and North Mississippi Home Inspection Company | Let this experienced Memphis home inspectors company help keep you from buying The Money Pit. We’ll alert you to any and all health or safety issues and maintenance needs of the home you’re looking to buy.
In-House Inspections will be your home buying or selling advocate! We are committed to providing you with outstanding service. We’re highly experienced and extremely thorough. If you’re looking to buy or sell in the Memphis Tennessee area to the Northern Mississippi area, we can help!
In-House Inspections is owned and operated by inspector Bill Bond, who prides himself in being committed to following high standards and providing professional service to all of our customers.