When you put an offer on a home the endless check writing process begins. There are many costs when purchasing a home such as a realtor fee, lawyer fees, etc. The total cost of these fees ends up being pricey and you may want to look for different ways to save. While you may want to skip the home inspection in order to save some money, Waltham Real Estate Agents suggest to not skip the inspection. Here are 6 great reasons you should get one.
1. It Provides an “Out”
A home inspection can show you important information about the condition of the home. This helps the buyer see what costs, repairs, and maintenance updates the home may need. If as the buyer, you realize the home is in need of a lot more work than you expected this gives you an opportunity to back out of your offer before it’s too late. Waltham Realtors say this step is extremely important because it could end up saving buyers thousands of dollars
A home inspection can help you become aware of safety issues. It can detect radon, carbon monoxide, and mold. All homes should be tested for these so that you can ensure the safety of you and your family before moving in. It’s important that your home-buying contact explains that if these hazards are present you have the option of opting out of your offer.
3. Negotiating Tool
Waltham Realtors say that a home inspection presents the opportunity to ask for repairs to the home or even an opportunity to request a price drop from the seller. Work with your Waltham Real Estate Agent to help understand what you can request based on the inspection report in order to get a better deal on the home.
4. Forecast Future Costs
As mentioned above, home inspections will show you the condition of the home. With this information, you will find out what systems need to be updated such as the plumbing, heating, and cooling. You will also find out other updates and fixes the home needs. By seeing the inspection report you can get an idea of how much money you may have to spend on updating and fixing some of these issues. This will help you decide if you want to put money into these tasks or if you want to opt-out of your offer.
5. Shows You the Big Picture
If you are a first time home buyer, you may not realize how much work and money really goes into buying a home. Waltham Realtors say that sometimes people get so excited about the idea of the home such as the location, the layout, the size, etc. that they don’t realize other issues that can make their “dream” home become an inconvenience. A home inspection will help point out these issues so that people know what they are getting themselves into before just excitingly and instinctively buying the home.
Contact a Waltham Real Estate Agent
These are just a few of the reasons why home inspections are extremely important before purchasing a home. Hire a Waltham Realtor to assist you in your home buying process! They will walk you through everything you need to know and help you get the best deals possible on your dream Waltham home.