Forsaking The Home Inspection
This is a challenging time to be shopping for a home. The market is as hot as ever and buyer’s must be tireless in their pursuit. Many buyers are offering all cash, or even foregoing inspections to entice the seller to accept their offer – but that’s a big mistake.
The home inspection is arguably one of the most important steps of the home-buying process as it can spotlight potentially costly repairs. Simply put, it can save buyers a lot of money, as well as relieve stress and a number of difficulties down the road. And with today’s significant prices for building materials, those repairs will cost even more.
Keep in mind, a home inspection is not the same thing as a home appraisal. While the appraiser’s purpose is to determine the value of a house on behalf of the lending institution, home inspectors are focused on the safety and well-being of the home.
In the U.S., only 30 states require licensing for home inspectors, according to the American Society of Home Inspectors, (ASHI). But even licensed inspectors have various levels of training or certification, so it’s up to the buyer to locate a competent professional.
Regrettably, inspectors can’t uncover every single thing that’s wrong with the house. As much as we wish they could, home inspectors cannot examine every nook and cranny. For example, they can’t tear into a wall to look behind it, or rip something apart to see why it’s making noise. They can only perform a visual inspection of readily accessible areas of the home.
That said, some home inspectors use specialized tools such as infrared cameras and moisture meters that allow them to garner additional information. If you’re buying a house during winter, the inspector probably won’t be able to check the roof topped with snow, but they will check the ceilings and attic for signs of leaks.
Even if you’re buying a brand-new home, faulty construction can lead to all kinds of repair nightmares in the future. While it’s easier to see signs of leakage, mold, or anything that occurs over a period of time in an already lived in home, a brand-new house where nobody has showered or used the appliances should definitely be inspected.
The same thing goes for homes that have been recently remodeled or flipped. Some sellers are more interested in saving money than safety. If a house has been redone, it’s still best to have it checked out and also make sure that they had the right building permits, and code inspectors verified the work.
To safeguard your new investment in the best way, do your homework by getting referrals from professional associations, agents, and other homeowners, and then checking references.
Working with a Realtor certifies that you have the expertise of a professional with a fiduciary responsibility to you. The Platinum Group, Realtors are ranked as the number one independent real estate firm in Colorado Springs and deliver years of experience and resources help their clients achieve the best possible results for their family.
For a no-obligation consultation, call today: 719-536-4326 or visit PlatinumHomesSales.com.