When comes time to buy a home, you want to make sure you are getting your money’s worth. Buying a home is a huge commitment. It could take you 30 years to pay it off.
However, being a homeowner is incredibly rewarding and comes with many perks. Therefore, when you find the right house for you and your family, it’s definitely worth it.
First-time homebuyers especially need to be aware of red flags that may pop up during a buyer home inspection. Red flags may be glaringly obvious to some, but home inspectors have a trained eye to see the things most people don’t notice.
However, hiring a buyer home inspection comes with many other perks. Keep reading to learn about the top five!
Why is a Buyer Home Inspection Important?
When you’re deciding whether or not you want to pay for a buyer home inspection, there are several things to keep in mind. Follow along for our list of the top benefits you shouldn’t live without!
First of all, a buyer home inspection is very cost-effective. While it may cost you some cash up front, the amount of money you could be saving could be in the thousands, if not more. Alternatively, it may save you from buying a lemon of a home.
Imagine skipping a home inspection, buying a home, then realizing it needed a new roof or had severe structural problems. It could also have hidden water damage, mold, or electrical issues. The cost of making your home livable could be astronomical.
2. Health and Safety Issues
One of the most important benefits of a buyer home inspection is uncovering any potential risks to health and safety.
As we mentioned above, certain issues could be hiding that most homebuyers wouldn’t be able to spot. Electrical issues could lead to you or your family getting shocked, or even an electrical fire.
Alternatively, hiding water damage and mold could lead to serious health problems down the road for everyone in the household.
3. Future Problems
Opting for a buyer home inspection could also help you uncover future problems down the road. This could include anything from an aging roof, a decaying deck, or old appliances that have limited life left.
These may be passable for home inspections, but issues you wouldn’t want to deal with or pay for down the road.
Getting a buyer home inspection could also give you a considerable amount of leverage in your negotiations with the sellers. For example, if something undesired is uncovered, you may be able to negotiate the price down.
Alternatively, you may be able to negotiate your way into keeping some of their nicer appliances, an outdoor firepit, etc.
5. Peace of Mind
Finally, getting a buyer home inspection will give you peace of mind and put you at ease about putting an offer down on your future house.
Otherwise, you will never have a full understanding of your own home. You may always wonder what underlying issues may be there, overreacting to every odd noise and smell the house makes.
Why Risk It?
With all the benefits of getting a buyer home inspection and all the risks of skipping one, it seems like the choice is obvious.
For more advice on real estate, check out the rest of our blog. And, if you’re looking for a real estate buying agent, we offer free consultations! Feel free to take advantage of us and schedule an appointment.