You’ve made an offer on the home of your dreams. The seller has accepted your offer. Now, it’s time for the home inspection. This can be a nerve wracking process. The problems with a home aren’t always easy to spot. An inspection is a necessity. These home inspecting tips will protect you when you buy a home.
Make Sure There’s An Inspection Contingency In Your Contract
If an inspection reveals that there’s a major issue with the home that you’ve made an offer on, you’ll want to make sure that you’ll be able to back out of the offer without any consequences. You should confirm that there’s an inspection contingency in the contract that you’re signing.
If a home has a faulty roof or needs wiring work, it might not be a smart investment. When your contract includes a contingency, you’ll be able to make an offer on a home without taking on a huge risk.
Don’t Expect Things To Be Perfect
If you work with a qualified inspector, you can expect them to inspect a property from top to bottom. During the inspection, it’s likely that they’ll spot a few problems. It’s okay if your home has a few quirks. What you’re want to watch out for are serious issues that will be expensive to fix.
By the same token, you shouldn’t assume that the inspector you’re working with will do a perfect job. It’s likely that even a qualified inspector will miss a few things. A home inspection will give you a much clearer picture of the condition a home is in, but it won’t tell you everything.
Find The Best Way To Respond To The Inspection
Once the inspection is completed, you’ll have to decide how you want to proceed. In some cases, you may want to ask the buyer to make repairs. If you do request repairs, you’ll want documentation that the repairs have been completed.
You can also ask for credit so that you can handle the repairs on your own, or you can simply agree to buy the house as-is. As mentioned above, if you have a contingency in your contract, you can also back out of buying the home. Consider your options and make sure you make a decision that you can live with.
If you’re getting ready to have a home inspected, you’ll want to keep all of these things at the forefront of your mind. After the inspection is completed, you’ll be one step closer to closing on your new home.