5 Key Reasons To Get A Home Inspection Before You Buy A New Home
When we are looking for a house to buy, many times we get carried away by certain emotions and we prune ourselves to carry out an inspection of the house after being already under that contract.
These inspections are a very important part of this entire home buying process and can save us money, but also a lot of time in the long run.
Don't for a moment think about skimping on a home inspection, a relatively small sum before you buy a new home can save you big time down the track. Still not convinved, take a look at some of the benefits of a home inspection.
These appraisals are not going to provide us with that detailed view that the property may have and that will help us discover those problems that are ingrained and that may pose a risk to us when acquiring it that we must know.
Thus, in this article we are going to point out a total of 5 reasons for you to make this inspection before buying.
Reasons why you should get a house inspection before buying our future home.
First time home buyers need to verify that the VA loan is eligible. This is very simple and easy to do, since you do not have any kind of obligation to highlight.
1- Not everything is the facade.
Especially for all those who buy a new construction, if rsd like this, it may seem to us that the home inspection is wasting our money, but it is not. No matter how old the house is, it can lead to unknown problems and it can save us a lot of money. These problems can be with the plumbing, structural problems that are not visible or the wiring that during the same projection can be visible at all times by an expert.
Even before entering, it is possible to do a preliminary inspection. Just take a walk around the house and look for four possible problems.
2- Save Cash
The record that the inspections have will vary, but under normal conditions it is usually paid between 300-500 dollars depending on the age and the size of the house. You can think the following, that if you save that expense now, you may have to rewire the house later. We can strong recomments The Grand Prairie Home Inspection Cowboys if you are looking for a low priced and quality home inspection in Grand Prairie and DFW. We use them on our properties in DFW and they have never let us down. There are some, shall we say, a little lazy inspectors in every city in the country and laziness is something you can not contend with if you are spending large sums of money on a new home. So don't skimp look at the reviews of the local home inspectors in your towns, ask your friends, get a referral, just make sure you do some due diligence.
3- Negotiate with the owners
This is one of the advantages of conducting this type of home inspection before buying it is that it can be negotiated with a much lower price than it initially has. So if the house interests you especially, you can limit its price range. With all this, the information we have gathered during the home inspection gives the power to negotiate that price reduction. It is also possible to insert a language into a purchase contract to rescind that agreement if the inspection turns out to have different problems.
4- The repairs that the seller has
Not only is it possible to lower the price, many of these buyers include all kinds of clauses in the contract that will require the seller to make the necessary repairs before you can buy it. In the event that the seller is not in a position to make those necessary repairs before you buy, you should calculate the cost of those repairs and ask so they can deduct at least that amount from the total price. The solid data on this quality and the condition of that home to be able to provide that power of negotiation.
You have to remember that those repairs from the seller are not going to be eligible and are included in the seller's concessions.
The guidelines that allow us that the value of all these concessions is equal to 4% of the sale, this percentage has to come with the prices of the repairs already negotiated.
If you want to know more, do not hesitate to contact us.
5- Know what we are buying
The final objective of inspections before buying a home is to know at all times what we are going to buy. So the more we know, the less surprises we will take in the future and we will have to correct.
The inspectors will help you make the right decision based on your current budget, along with the future investment you make in both time and money.
In conclusion, doing an inspection of your future home can be very beneficial for you, since it will allow you to do various things such as saving money, negotiating the price, knowing what you are buying so as not to find surprises, the repairs that the seller will have to do to sell it or to be able to judge with the available data and not only by looking at the facade.