Many homebuyers have found the perfect home, signed the paperwork, and may think they’re good to go. However, that is not the case. Even if you’ve done your research and saved your money and made an offer on the perfect house, you need to have a home inspection. Unfortunately, to save a little cash, some buyers make the mistake of neglecting to have a home inspection done.
Why You Should Hire a Home Inspector
While it might seem smart to inspect the home yourself to save the money from hiring someone, professionals know where to look. Average homebuyers may have a basic understanding of home repairs, however, most are not experts on the structural integrity of a home. That’s why it’s vital to hire a professional for potential issues you wouldn’t even know to look for, such as furnace issues, electrical wiring, plumbing, and roofing weaknesses, and more.
Your dream home may seem perfect on the outside, but there could be significant issues hiding just beneath the surface. It is imperative for your safety that you have an inspector examine every inch of your new property.
When to Schedule The Home Inspection
Once the purchase contract has been signed, you’ll have a set time period in which you can inspect the home. Even though the offer has been signed, a hired professional could find something that you cannot live with or afford to fix.
Even though you don’t schedule the inspection until after you’ve signed a contract, you’ll want to have researched inspectors beforehand. Ask your realtor or friends and family for referrals and then reach out to inspectors for pricing.
Ensure that you have a good understanding of what they will and will not cover at the inspection when contacting inspectors. Remember that the lowest-priced inspector may not be the best choice.
Even if you do have a good understanding of the structure, plumbing, and wiring of houses, don’t let your ego get the better of you. It’s essential to hire a professional to ensure you don’t end up with a house that needs major renovations that you can’t afford.
For more information on home inspections or a referral, contact us!
Questions? Ask JVM Lending
If you are considering a future home purchase and have questions about a home inspection, contact our team! JVM Lending’s Mortgage Analysts are available 7 days a week by phone at 855-855-4491 or by email at [email protected] to help answer any questions or alleviate any concerns you might have about the homebuying process.