Are you getting ready to buy a new home? Buying a new home is exciting and terrifying at the same time. There is a much to do and a lot you need to understand. There are several costs that you will incur as you seek to close the deal on your new home, with all the money you will be spending it is tempting to avoid paying for a home inspection. This is especially true if at face value the home seems perfectly fine. However, there may be things lurking that you cannot see with the naked eye. These things will be revealed when you do a home inspection. Here are the main reasons why you should get a hone inspection before purchasing a home.
Get Critical Information
A home inspection will make you aware of any repairs that the home requires. The inspection will detect things like mold, carbon dioxide, and radon. If these things are detected you should think twice about buying the home. If you do decide to purchase the home you should find out immediately how much it will cost to fix the issues. Once you know this you can decide if it is worth it to purchase the home.
Avoid Hiccups in Your Insurance
There are some insurance companies that will not insure a home when certain faults are found. In fact, you may not be able to get insurance unless you have certain certifications. The certifications can only be given by a home inspector. Getting a home inspection upfront before you close the deal is not a loss since you will probably have to do one anyway.
Add-ons and Installations
When you buy a home that is not brand new several things could have happened throughout the years. This is especially true if the home is very old. Over the years there may have been additions or alterations to rooms. There may have been alterations to the garage and basement. While there is nothing wrong with making renovations, these alterations need to be done with proper permits and they need to follow building codes. If a house has illegal additions that are not permitted it may affect your ability to get insurance. It can also affect your taxes as well. A home inspection will reveal all of this to you so that you can go into your purchase with all the knowledge you need upfront.
It is a Negotiation Tool
A home inspection is the perfect negotiation tool. This is because based on what is found you can demand a lower than average home price for the property. If there are several repairs that you will have to do you can request that the seller reduce the price of the home so you will have enough money to do the repairs.
As you can see there are several benefits of getting a home inspection before you close the deal on any home. When you are armed with knowledge about the home you will be able to make decisions that are right for you. You will not be left with regret about your purchase when you know ahead of time exactly what you are getting into.