A home inspection can be a valuable tool for a buyer in a real estate transaction.
Though a home inspection is not generally a requirement to purchase a home, it is highly recommended throughout the real estate industry and we definitely recommend an inspection to our clients.
So...what can you expect from a home inspection and why do we recommend one?
A home is a major purchase – usually one of the largest, if not THE largest, investment a person will make in his or her lifetime.
Homes historically increase in value while a person is paying down the mortgage creating a nice “nest egg” over time.
Homes are expensive. They are expensive to buy and they have significant maintenance costs. These factors can be budgeted and planned for, but what about items you cannot see? What’s looming behind door number two??
A trained, licensed home inspector can point out things that most people would not notice with a visual home tour.
For instance, in addition to examining the property site externally and internally, the inspector also examines:
· Plumbing systems
· Electrical systems
· Heating and cooling systems
· Roofs and attics
· Bathrooms and fixtures
· Kitchens and built-in appliances
· Inspectors also examine crawlspaces and basements
Source: PillarToPost Home Inspections https://vancouverclark.pillartopost.com/services#purchase
An inspector can call out water problems, electrical outlets that don’t work, a heating and cooling system that needs to be serviced, a roof that has loose shingles and so much more.
Once the inspection is complete, the inspector will provide you, the buyer, with an inspection report. Then you can decide if any item needs to be addressed prior to the closing of the transaction and request that the seller make certain remedies.
Granted, the seller doesn’t have to make any remedies, but once an inspection is done and the seller is made aware of any issues, the seller is now obligated by law to disclose those issues to any prospective purchaser. So, the seller is usually amenable to make some repairs.
The value of the inspection doesn’t stop there, however. Now you, the buyer, have a list of items to add to your budgeted maintenance list so that costly repairs are less likely to be a surprise. An additional benefit is that you can stay on top of home components so that when you get ready to sell and the buyer has an inspection, the inspection has a better chance of coming back clean therefore keeping the transaction clean.
We’ve all heard the old saying “an ounce of prevention is worth a pound of cure.” Home inspections definitely fall into that category.
The average cost of a home inspection in SW Washington hovers around $350 depending on the size of the home, the inspection package, and the chosen company. It’s really a small investment that could pay huge dividends in savings from costly unforeseen issues in the future.
Source: Home Advisor http://www.homeadvisor.com/cost/inspectors-and-appraisers/hire-a-home-inspector/.
Here are a few of the top rated inspection companies in the SW Washington area according to Yelp.com
1. Pillar To Post Home Inspectors
2. Nickelson Home Inspectors
3. 45th Parallel Home Inspection
4. Bennett Home Inspections
We believe a home inspection is a great investment in your financial future as well as your peace-of-mind future.
If you are ready to find your dream home and order up an inspection of your own give us a call or send us a message. We are happy to help you have a fun and smooth home buying experience!
Ron and Sherry Patterson