It’s not hard to get mesmerized in the thrill of purchasing a new home and not remember the critical choice to have a home inspection conducted right after you are under contract. Professional Orange County Home Inspectors say that home inspections are an essential aspect of the homebuying process that can save you a tremendous amount of time and money in the long haul.
Always remember that a VA home appraisal and a professional home inspection are not the same thing. Generally, appraisals will not provide you with a detailed look at a property that can help uncover deep-rooted problems and potential pitfalls.
Here are five key reasons to have a quality home inspection before you purchase your next home:
Don’t Judge A Home By Its Cover
When purchasing a newer construction, one might feel as if a home inspection is a waste of money. No matter the age of the home, Orange County Home Inspectors say there can be costly troubles unknown to the common buyer.
For example, problems with wiring, plumbing or structural issues may not be apparent during a showing and thus, you’ll want to get an expert opinion.
Prior to getting into the interior, you can do your own preliminary home inspection. Simply walk around the home’s exterior and look for these potential problems.
Home inspection costs vary. Unfortunately, those who skip out on the expense may soon realize in a few years that a professional home inspection is much cheaper than rewiring the entire house.
Learn To Negotiate
One of the advantages of having a home inspection performed before you buy is the advantage it might give you to negotiate a lower price. If the home you’re really gravitating towards is on the edge of your price range, Orange County Home Inspectors say that data gathered during the home inspection may give you the bargaining leverage to lower the price.
Moreover, you can also insert language into a purchase contract that allows you to back out of an agreement if the inspection turns up problems.
Orange County Home Inspectors often will tell you that not only are you able to negotiate a lower price, a handful of home buyers include clauses in their contract requiring the seller to make the repairs necessary prior to any money being exchanged.
If the seller is doesn’t want to move forward with the repairs, estimate the cost and ask them to take that amount off the total. Good facts about the quality and condition of the home can give you valuable bargaining upper hand.
Orange County Home Inspectors say to always remember that a seller’s repairs are not eligible to be included in seller concessions. VA guidelines give the value of seller concessions an opportunity to equal up to 4 percent of the selling price, but that 4 percent comes is in addition to any negotiated repairs.
Understand What You’re Purchasing
Home Inspection Service Providers in Orange County, CA say that in the end, the most essential reason to have a home inspection before you buy is to really know what you’re buying. Additionally, make sure you research your potential home like you would any other major purchase.
Ultimately, the more you are aware of, the fewer surprises there will be down the road. Quality Orange County Home inspectors can assist you with making a choice based on your current budget as well as your future time and money investment.