Reasons to Have a Home Inspection When Buying a Home

July 21, 2020by MeritAbode0

Whether you are buying your first house or you are in your fifth, a home inspection is essential in every case. More often than not, people are quick to close real estate deals and do not understand or see the need for a home inspection. Most times people often ask questions such as “ do I need a home inspection?” or “can I skip a home inspection?”. For the home buying process to be complete, a home inspection is very necessary. It provides an avenue for the buyer to identify the major issues on a home before purchase. This, in the long run, can save you time and money.

Below are 5 top reasons why a property inspection is highly recommended before investing in a house

1. Uncover Safety Issues: Home inspections are an opportunity to carefully assess the safety conditions of your home and if it is safe enough to live in. During the inspection process, you can uncover electrical system installations; flaws which could cause fire hazards, bad roofing, faulty plumbing and so much more.

Deciding to skip a home inspection is sad to be a wager on your finances. The outcome, not too pleasing. In order to avoid this, properly investigate the home whether or not it is newly built before signing a property purchase contract.

2. Reval and identify structural issues: Structure is one of the most important elements in a home. Carrying out a home inspection before purchasing provides you with an opportunity to detect if there are structural issues with the property. With the number of collapsed buildings rising owing to developers not meeting the standards of building construction, risking buying a poorly structured home can be avoided by going with an expert engineer who would help with the inspection.

3. Forecast Potential Future Expenses: Buying a home is an important investment and it is pivotal to have an understanding of what to expect in the future in the case of expense. Having knowledge about the materials used in the construction of a home and when replacements are required would provide you with an estimated cost you may have to incur in the future.

4. It Reveals Vital Information: Booking a home inspection can provide useful information about the condition of the home and its systems. During a property inspection, you are opportune to find out about the drainage system, road network and other important amenities. It provides the buyer with the opportunity to decide whether to go on with the purchase or whether to go for another option.

5. Negotiating Tool: An inspection provides you with full details of the issues of a property. When these issues have been discovered, it provides an opportunity to negotiate with the seller of the said property to either fix the issues or ask for a price reduction. Working with a real estate expert give you better-negotiating power

An inspection may cost a little money but looking back you would be glad you did. A home inspection is important so you can know what you are getting yourself into. The more you know, the fewer surprises there will be down the road. Home inspectors can help you make a decision based on your current budget as well as your future time and money investment.

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Meritabode is a real estate company that specializes in sites and services-sales of plots of land, construction of affordable housing estate development in Nigeria.

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